CDLX Up 50% In Three Weeks

Shares of Cardlytics (Nasdaq: CDLX) traded above our 50% price target of $82.79 this morning. Shares are up more than 5% on the day as I write this. If you entered a Good-til-Cancelled, or “GTC” order with your brokerage account, your sell order was likely fulfilled. But if you didn’t, you can go ahead and take one-third profits off the table.

Since adding Cardlytics back to our portfolio just three weeks ago, shares are already up about 50%. This is even after we already booked a 120% gain with this stock earlier this year.

Keep A Close Eye On TDOC

While we’ve been having good success with many of our holdings, shares of online health company, Teledoc Health (Nasdaq: TDOC) are trading close to our 20% trailing stop loss price of $155.61. As I write this shares are exchanging hands for around $156.43 a share.

Action to Take: If shares of TDOC close below $155.61, close out of the trade the next trading day.