xLucky900

TIPT Has Broken out. Bullish Sign

Long
NASDAQ:TIPT   Tiptree Inc.
TIPT has broken past its top and is headed towards my price target of ~$17 a share. This is due to the fact that their subsidiary Fortegra will add ~100m+ value to their market cap as they are an %80 holder in this company. TipTree has further growth past $17 a share in the future with future acquisitions or further revenue growth as expected. TIPT is a very healthy stock and I believe in the long term growth potential of this company.

This is not financial advice and simply for educational purposes.
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