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Hi, Learnandearn2021.

This is a Public Community discussion board open to non-premium service Fools. Service-specific questions are best addressed to your Service Community discussion boards. Just select your service from the My Services menu, then select Community from the More menu.

That said, Fools don't focus on the market price of the recommended companies but on the conviction in the long term (3-5 years or longer) growth potential of the company. Sometime long into the future, when you look back on this investment, are you going to remember what was the purchase price? Or will you be thinking of how well your company has performed over the long window of time you gave it to realize its potential?

The question is whether you have conviction that the company has growth left in it. If so, then you implicitly believe the company can grow its earnings and subsequently its market price from this point forward. If you have high conviction, then you believe it can grow significantly over time. And when you frame the question of whether to invest in that context, the question of whether or not to invest at the current market price is simple.

When you are concerned about whether this is a good or bad price point, you are letting market timing fears get in the way of smart, reasoned decisions to invest in companies.

Who notes the problem with waiting for the price to go down is that you may be looking at a 52-week low today...

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Ticker Guide: The Walt Disney Company (DIS), Intuit (INTU), Live Nation (LYV), CME Group (CME), MongoDB (MDB), Trip Advisor (TRIP), Vivendi SA (VIVHY), Mimecast (MIME), Virgin Galactic (SPCE), Axon Technologies (AXON), 51Jobs (JOBS)
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