Update on Credicorp – BAP





Credicorp appears to have lost a little momentum recently due to the stock’s short term technical situation. Credicorp stock is still up 21.8% since I posted the buy of BAP on July 31 at $30.50 per share.

At this point, I would recommend that you liquidate half your position in this security to secure your gains. If you do not own many shares and/or are looking for a long-term tax break, then hold on to your shares. As always, you must determine if commission costs that result in the liquidation of the stock will significantly reduce your return.      

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