Buy CMC Markets (CMCX) by Paul Summers in The Motley Fool CLOSED

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  3. Buy CMC Markets
  • Performance

    20.26%

  • Price at start

    266.00p

    (ask)

  • Price at close

    304.00p

    (bid)

  • Tip made

    12/10/2021

  • Tip Status

    Closed

    14/10/2024

Icon Key:


Tip Notes

"...CMC’s stock also looks inexpensive to pick up, with the company trading at just 11 times forecast earnings. Why is this company so cheap if it’s such good quality you may ask? I suspect a lot of it is due to CMC operating in an industry that’s susceptible to regular meddling from regulators. Larger peers trade on similarly low valuations. With its purple patch likely over, traders will also be looking for other opportunities to grow their capital at a faster clip......Not that this would bother me if generating income were my primary goal. With its solid finances, I’d be happy to add CMCX to my passive portfolio today." - Paul Summers, The Motley Fool

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For example: if a tipster places a 'buy' tip of the 1st Jan and a 'sell' tip on the 5th Jan, the 'buy' will close on the 5th and the 'sell' tip will be the open (active tip).

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Sell -> Buy = This is a change of direction, so the 'sell' tip will be classed as Closed and the 'buy' tip classed as Open.

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*Since Stockomendation began tracking this tipster's tips on this stock

Tipping History

Stockomendation's tracked history of Paul Summers position on CMC Markets (CMCX) for The Motley Fool (from when we started tracking on 22 Nov 2018)

  Type Start Date Tip State Current price Performance  
Watch 25 Sep 2024 Open 304.00p
Current price (ask) 		– View
Buy 26 Jul 2024 Open 256.50p
Current price (bid) 		-17.52% View
Buy 29 Mar 2022 Open 256.50p
Current price (bid) 		-5.82% View
Buy 25 Jan 2022 Open 256.50p
Current price (bid) 		14.91% View
Buy 26 Dec 2021 Open 256.50p
Current price (bid) 		7.34% View
Buy 29 Nov 2021 Closed
02/12/2024 		276.50p
Price at close (bid) 		18.88% View
Buy 12 Oct 2021 Closed
14/10/2024 		304.00p
Price at close (bid) 		20.26%
Buy 12 Jul 2021 Closed
15/07/2024 		320.00p
Price at close (bid) 		-25.64% View
Buy 8 Oct 2020 Closed
09/10/2023 		99.70p
Price at close (bid) 		-59.23% View
Buy 25 Jul 2019 Closed
26/07/2022 		308.50p
Price at close (bid) 		257.04% View
Buy 22 Nov 2018 Closed
23/11/2021 		248.00p
Price at close (bid) 		141.07% View
Icon Key : - Company tipped for the first time, - Reiterated tip, - Change in direction for this tip.