5 Reasons I Just Bought Five Below Stock
Like many investors, I have a watch list of stocks: a running list of companies that require more due diligence before investing. Recently making the jump from the watch list to my portfolio is discount retailer Five Below (NASDAQ: FIVE). It was a decision a long time in the making but one based on solid conviction. Here are five reasons I bought shares.
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Investing in an initial public offering (IPO) carries a lot of risk. Stocks tend to be volatile in their first months on the market. But another reason to be leery of IPOs is the fact many of these companies have yet to establish credibility. It takes time before management can build trust by delivering on expectations.
Source Fool.com
