Shaers of People’s Utah Bancorp (NASDAQ:PUB) have been recommended as a long term growth pick. With the firm’s stock price currently trading around $28.40, the firm has proven a solid track record of growth over the recent years. Investors might consider the stock as a long term growth candidate as the firm has yielded 19.70% earnings per share growth over the past 5 years and 14.90% revenue growth over that same time frame.
Stock market investing can be a wild ride. Following the market on a daily basis can be exiting, but it may also bring out strong emotions especially when hard earned money is on the line. Making impulsive stock picks based on day to day market fluctuations can cause second guessing and a lot of future portfolio damage. Investors who are able to create a specific plan and stick to that plan may find themselves in a much better position when the market becomes highly volatile. It can be very challenging to maintain discipline and focus with so much information being released every day. Highly publicized stocks can be a tempting choice as they tend to garner the most attention by media outlets and the investing community. Filtering through the endless sea of data can be exhausting, and investor’s who are able to see through the trees are typically better prepared to make those tough portfolio decisions.
Long-term growth (LTG) is an investing strategy where a stock will (hopefully) grow in value for a relatively long period of time. Long-term growth should be considered to be a relative term, due to different styles and goals of investors, but the endgame is the same.
Let’s take a look at how the stock has been performing recently. Over the past twelve months, People’s Utah Bancorp (NASDAQ:PUB)’s stock was -5.80%. Over the last week of the month, it was -4.83%, -14.35% over the last quarter, and -20.34% for the past six months.
Over the past 50 days, People’s Utah Bancorp’s stock is -14.59% off of the high and 2.23% removed from the low. Their 52-Week High and Low are as follows: -26.61% (High), 2.23%, (Low).
Despite the past success, investors want to know where the stock is headed from here. Analysts covering the shares have a consensus short-term price target of $32.33 on the equity. Analysts have a consensus recommendation of 3.00 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
Occasionally, investors will find themselves looking at an underperforming portfolio. Sometimes, this may be a case of the portfolio not being properly diversified. Investing too heavily in one stock or sector can cause the balance to tip the wrong way, especially if the overall market takes a downturn. Although there is no one way to protect against tough economic conditions, setting up the portfolio to withstand a prolonged sluggish period can help ease the mind of the investor when markets are in turmoil. Maintaining a large mix of different types of stocks may help the portfolio survive through rough patches down the line.
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