What to do with WPRT? Buy hold or sell?

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I have a large amount of wprt which is down approx 50% from my average price? Should I buy hold or cut my loss?

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Asked on December 16, 2021 10:22 am
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Hi there,

Personally, I've never been the biggest fan of WPRT as it is pretty volatile. Today, the company looks to be trading inline with historical averages and this coming year is expected to be a bad one.

I have attached a chart that shows revenue estimates - so if you sell here, it is possible you are selling at a low. If the company does reach Fiscal 2022 and 23 estimates (which it has a decent history of meeting estimates), then the company's stock price is likely to react accordingly.

This is a stock that has a history of volatility and one that you're likely going to want to keep a close eye one. If this was me and I could afford to wait, I likely would just based on this being a 'bad' year before rebounding. Not saying that is a guarantee as WPRT hasn't exactly been a blowout performer in recent years, but it does help contextualize why it is down today and why it may rebound next year.

Mat

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Posted by Mathieu Litalien
Answered on December 18, 2021 1:53 pm