Sell now or hold forever? What to do with shares like Afterpay (ASX:APT)
Tony Yoo | December 15, 2020 8:00am |
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Afterpay Ltd (ASX: APT) shares this year.
According to my Fool colleague Sebastian Bowen, the stock has risen 244% so far this year and a spectacular 1,200% since the March COVID-19 trough. The price hit yet another all-time high on Monday.
Wonderful stuff.
Yes, it’s a great problem to have. But it’s a problem nevertheless.
Can the buy now, pay later provider continue its rise, or should retail investors cash in their handsome profits before the dream is shattered?
There is a hint from the professionals on how to handle this.