Trade Call: Serve Robotics – Dollar Cost Averaging Entry

2 months ago

Corey

"The number two growth stock to potentially add to your portfolio is Serve Robotics. They're going to have a thousand robots in the fleet in operation by the end of this year. When we look at Server Robotics here, I'll show you that I bought shares of Server Robotics at 13 and $14. I bought right here right around $14. And then down here I added more in the $12 range. And down here I added a lot more. And right now my average is 11.30. So if the stock goes up, I'll be making profits; if it goes down, I'll dollar cost average more. This is how you make money in the market."

Serve Robotics is recommended as a growth stock trade with shares trading in the high 10s to low 11s. The speaker details a strategy of buying at $14 and $12 to build an average cost of approximately $11.30, employing dollar cost averaging on dips.

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