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After A Double, It’s Time To Trim adidas Stock (Rating Downgrade) (OTCMKTS:ADDYY)

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This article was written by

Cory Cramer has been investing in markets since the 1990s and providing stock analysis for independent investors since 2015.

Cory leads the investing group The Cyclical Investor’s Club where he shares his unique mix of investing strategies that focus on All-Weather-Growth. The goals of the CIC strategies are to be sensitive to both economic and market cycles while also investing for long-term growth. This helps to reduce the risk of losses without reducing medium and long-term portfolio returns. Learn more.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of ADDYY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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