Is an £11 share price a sign to sell my Rolls-Royce shares?
Image source: Rolls-Royce plc
The rise of the Rolls-Royce (LSE: RR) share price almost beggars belief. The shares sank to 28p during the Trussonomics mini-budget; now they’re inching towards £11. The market value of the company was below £3bn at that low point. It’s now £91bn.
If the surge continues then Rolls-Royce could be the largest company on the London Stock Exchange, bigger than giants like Shell, AstraZeneca, HSBC and Unilever. That can’t happen, can it? Surely the bull run has to end soon? Is it time to sell my Rolls-Royce shares?
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Here’s my simple answer: no, I’m not selling. No way. No how.
To explain the primary reason why, I’ll draw some comparisons between…
