Is it time to sell Afterpay (ASX:APT) shares?
Tony Yoo | April 27, 2021 9:11am |
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Afterpay Ltd (ASX: APT) stock owners have had a wild rollercoaster ride this year.
The ASX darling of last year started 2021 at $119 then in February smashed its 52-week high by touching $160.
Since then, the rotation away from high-growth companies hit it hard, leaving it trading at $122.75 at Monday’s close.
So if you’ve been fortunate enough to own Afterpay, what do you do? Do you sell now?
Two fund managers had vastly differing views on this question.
The case to sell Afterpay shares
Perpetual portfolio manager Anthony Aboud doesn’t have much doubt as to which way he would go.
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