As Commodities Fall, Tenaris Remains in Doubt
I feel sad going neutral to negative on Tenaris (TS), but I believe it is time to take profits. My recommendation back in June has realized readers a gain of 38%, not including dividends and I would like to close the chapter on this stock while profits are still in tact. Frankly, I am surprised the stock has kept up in the face of falling commodity prices.
– Faisal Laljee
Full Disclosure: I do not own any shares of TS but my position can change anytime without notice.
