- Investors in PRLB made 25% in a very short amount of time. Congratulations to all.
- I have reanalyzed the company as of today and am reevaluating my call to a SELL at $78.34. The company has reached intrinsic value.
- As of now, I myself have liquidated all shares of PRLB in my portfolio.
That was at $62.68. PRLB is now at $78.34 only a very short time later.
Although we have not reached my previous price target, I have reanalyzed the fundamentals of the company and will be reevaluating my call to a SELL as of now.
My updated analysis of the company reveals that at its current price of $78.34, it is now at intrinsic value.
In the spirit of full disclosure, I would like to indicate that I liquidated all shares of PRLB in my portfolio at $78.34. I congratulate those who chose to invest in PRLB at $62.68. We have made 25% ROI in a very short amount of time.
From a microeconomic perspective, not much.
PRLB still stands as an extraordinary company, with outstanding results. The company is obviously run by a highly competent management. However, we must be clear to distinguish between a great company and a great investment.
Having recently updated my calculations for macroeconomic risk factors and having applied these new metrics to PRLB, its current price of $78.34 is directly at intrinsic value. As such, I suggest taking profits immediately.