Unlike its peers, BOE is now trading at all-time highs, similar to the rest of the space, we are bullish towards BOE and would consider the stock into periods of consolidation, and/or pullbacks, although the risk/reward is tough just here – remember, from a statistical perspective buying stocks breaking to fresh highs adds alpha/value to portfolios, if managed correctly.
- We are bullish on BOE as it breaks out into blue-sky territory.