408% GAIN ON PRIVATE EQUITY FIRM KKR – RAISING THE TARGET ZONE
By Nigam Arora & Dr. Natasha Arora
Private equity firm KKR & Co. (KKR) entered the portfolio when the Arora buy signal resulted in fills with an average price of $15.68. The stock closed at $79.67. This represents a gain of 408%.
Our long-standing target zone on KKR has been $83 – $88. The stock has been up 10 days in a row reaching $79.67. If this was a normal market, based on valuation, the target for KKR would have been allowed to hit and the position exited. However, this market is controlled by the momo crowd. If overall the market continues to go up, the momo crowd can easily run KKR to 🔒 (To see the locked content, please take a 30 day free trial) – this is the new long term target zone.… Please click here or the title below to read more.