Avantor Named Best Company in Bioprocessing Excellence

Avantor is having a nice steady run. Might be a bit overbought according to its RSI, but I do like that it is still a sub $40 stock. Will keep an eye on it.

From their website:

Avantor®, a Fortune 500 company, is a leading global provider of mission-critical products and services to customers in the biopharma, healthcare, education & government, and advanced technologies & applied materials industries. Our portfolio is used in virtually every stage of the most important research, development and production activities in the industries we serve. One of our greatest strengths comes from having a global infrastructure that is strategically located to support the needs of our customers. Our global footprint enables us to serve more than 225,000 customer locations and gives us extensive access to research laboratories and scientists in more than 180 countries. We set science in motion to create a better world.

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How To: Risk Management - A 13% trailing stop loss would look like this.

A 17% trail would have avoided those two stop outs.

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Pretty good 10% move so far.

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In one of lifes little mysteries (at least to me) the stock reported yesterday that revenue was up 13% so of course the stock dropped 10% :D

Would think it is oversold at these levels, especially now it is past earnings.

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Correction - not past earnings, but has given a strong indication of what earnings results will be.