Cherkizovo – export supplies are growing
Cherkizovo increased its export revenue by 15% in 2023
High product quality and advantageous conditions for doing agribusiness in Russia (cheap energy, subsidies, preferential loan rates, etc.) allow Cherkizovo to keep a competitive price for its products on the international market. At the same time, good financial performance and regular dividend payments confirm the effectiveness of Cherkizovo's business model.
TAKE PROFIT
After the corrective movement of September-December 2023 and proto-trading at the levels of 3500-3700 rubles. Cherkizovo shares went up with an impulse, breaking the downward movement. Since the end of December, an upward trend has been formed, the goal of which, in our opinion, is the level of 4,770 rubles (an increase of 8% from the current price of 4,400 rubles).
STOP LOSS
Do not forget about risk management and portfolio diversification. It is recommended to buy a share for no more than 4% of the account, since the liquidity of the share is low. If the price is fixed below 4,200 rubles, then the growth forecast of the paper is canceled. The stop order[1] can be placed at the level of 4,300 rubles (-2.3% of the current price of 4,400 rubles).
[1] Risk management includes: setting a certain type of stop loss at certain levels, a position set method, a position reduction method, holding certain timings for decision-making and is of an individual nature, based on your personal risk profile. If you have any questions, you can contact our trader for advice (Portfolio Consultant package at the link https://eraperemen.info/priobresti/).
Disclamer. The analytics presented here are designed for people who have at least a basic understanding of the Russian financial market. If you have difficulties with the practical implementation of our recommendations, you can use the services of our specialists with the Portfolio Consultant package at the link: https://eraperemen.info/priobresti/
