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Is it time to sell some of my Rolls-Royce shares?

By Chris Bailey of Financial Orbit | Sunday 26 February 2023

Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Just before Christmas last year, I told you all to keep on holding my full year 2022 tip, Rolls-Royce (RR.). The tip had not worked well for me in 2022, having fallen from a c. 120p start of year level to nearer a quid at the end of the year. And the market angst in September and October 2022 had taken it down even lower to a c. 75p level. However, I felt that prospects for the world of commercial aerospace, defence and nuclear matters (among others) were getting better…and now last Friday’s share price close was just over 138p a share.
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