Today, The Bowser Report issued a daily mover alert on CPS Technologies (CPSH) and Spar Group (SGRP), both of which fell more than 10 percent for the day.
Earlier this week (Wednesday), we alerted CPSH because of a 14% gain. However, we noted that the stock is volatile, and stated that because of its financials and rating, you shouldn’t add it to your portfolio. That analysis holds.
If it is currently in your portfolio, stick the Game Plan and buckle up. The ride could be quite bumpy if financials continue to be inconsistent.
Like CPSH, SGRP was alerted earlier in the week, with its coming yesterday on an 11% gain. Today, however, the stock dropped considerably, losing yesterday’s gain.
Yesterday’s analysis (volatility and low Bowser Rating) hold true today, leading us to continue to recommend that you don’t add this stock to your portfolio. If you currently have a position, stick to the Game Plan.
To learn more about The Bowser Report, visit https://thebowserreport.com