Is Buying All-time Stock Like Colliers International Group Inc a Winning Strategy?

 Is Buying All time Stock Like Colliers International Group Inc a Winning Strategy?

The stock of Colliers International Group Inc (NASDAQ:CIGI) reached all time high today, Nov, 2 and still has $58.08 target or 62.00% above today’s $35.85 share price. This indicates more upside for the $1.38 billion company. This technical setup was reported by Barchart.com. If the $58.08 PT is reached, the company will be worth $855.60M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 72,566 shares traded hands or 127.99% up from the average. Colliers International Group Inc (NASDAQ:CIGI) has declined 5.57% since March 31, 2016 and is downtrending. It has underperformed by 8.10% the S&P500.

Another recent and important Colliers International Group Inc (NASDAQ:CIGI) news was published by Rejournals.com which published an article titled: “Colliers International Group Inc. acquires Colliers International West Michigan” on July 07, 2016.

Colliers International Group Inc. is engaged in the provision of commercial real estate services. The company has a market cap of $1.38 billion. The Company’s primary services are outsourcing and advisory services, lease brokerage and sales brokerage. It has a 23.85 P/E ratio. The Company’s divisions include Americas; Europe, Middle East and Africa ; Asia Pacific, and Corporate.

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