Armchair Trader pick: Tactical Trading Portfolio
- IG Group (LSE:IGG)
- Sector: Financial Services (Investment)
- Market cap: £3.55bn
- Entry price: 809p
- Target price: 970p
- Stop loss: 10% (trailing)
This week we are adding IG Group (LSE:IGG) to our tactical trading list, as the company is still demonstrating solid fundamentals and some longer term growth prospects. Shares have been on a run recently, from around 765p and and are currently to be had just north of 800p. Note that the stock has been as high as 936p as recently as the end of August. It appears to be picking up momentum again.
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