Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. 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.
My typical conclusion over the last few years when looking at Next plc (NXT) is that a sixty quid share price is a mega level for the company. Broadly speaking, you start to buy the FTSE 100 name when its shares are below this and start to sell them when they are above. How is my “rule” looking today?
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