TransUnion (TRU)

Purchase Info

Stock Price History

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Our View

TransUnion (TRU) TransUnion is one of the big three credit bureaus in America. Large credit bureaus have built up sizeable databases over the years. It is difficult for a new entrant to build such databases and the credit bureau market is highly concentrated. Customers of credit data are not price sensitive either, as they want accurate data to make underwriting decisions. Therefore, such moats and growth opportunities in emerging markets boost the long-term prospects of TransUnion.

TransUnion went public in mid-2015. Its monthly chart since then shows a strong uptrend. There were three significant pullbacks in 2018, 2020, and early 2021. However, except in 2020, the price has remained within a clear channel throughout. The level at $83 has become an important one, acting as resistance earlier in 2019 and then as a support in 2021. Most recently, in March 2021, the price has bounced up from the bottom of the long-term trend as well as from the $83 support level. The price looks poised to move up to $100. A stop-loss can be placed below the bottom of the long-term trend, at around $80.

Position entered into our long-term tracking portfolio today. The entry point is at $88.54, and a stop loss is placed at $67.43, which is 24% below the entry point. The short-term to medium take profit is at the top of the trend at $113.32, giving a profit of 28%.

Data Explained

On the video and images above you will see the reason this stock was selected.

You will see the image is of a monthly chart of the stock showing the long-term upwards trend formed over the years. You will also see the entry point and the where the stop loss is placed. For more information please watch the video given.

Once it is time to move the original stop loss up you will see an additional image.

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