Is BCB Bancorp, Inc. (NASDAQ:BCBP) a Stock To Hold For The Long Haul?

Shaers of BCB Bancorp, Inc. (NASDAQ:BCBP) have been recommended as a long term growth pick.  With the firm’s stock price currently trading around $13.40, the firm has proven a solid track record of growth over the recent years.  Investors might consider the stock as a long term growth candidate as the firm has yielded 43.10% earnings per share growth over the past 5 years and 7.70% revenue growth over that same time frame. 

Investors often have to calculate risk/reward scenarios when navigating the equity market. Keeping track of alternatives and gauging the likelihood of certain outcomes can help with designing a legitimate strategy. When all the research and planning has been completed, there may come a time when the investor has to make a decision and get ready to take some action. There will obviously be some trades that work out great and others that don’t. Accepting the fact that this is part of the process can help keep the investor focused on the next trade instead of lamenting the past. 

Long-term growth (LTG) is an investing strategy where a stock will (hopefully) grow in value for a relatively long period of time.  Long-term growth should be considered to be a relative term, due to different styles and goals of investors, but the endgame is the same. 

A “buy-and-hold” investor will consider long-term growth as a longer time period then a day trader will. The buy-and-hold strategy looks ahead farther into the future, giving short-term price swings less consideration as long as the fundamentals stay the same.  A trader is looking more closely at a weekly, or shorter, time frame and is more interested in immediate price fluctuations.

Let’s take a look at how the stock has been performing recently.  Over the past twelve months, BCB Bancorp, Inc. (NASDAQ:BCBP)’s stock was 26.74%.  Over the last week of the month, it was 5.65%, 16.71% over the last quarter, and  -9.73% for the past six months. 

Over the past 50 days, BCB Bancorp, Inc.’s stock is -1.53% off of the high and 29.59% removed from the low.  Their 52-Week High and Low are as follows: -16.77% (High), 32.41%, (Low). 

Despite the past success, investors want to know where the stock is headed from here.  Analysts covering the shares have a consensus short-term price target of $13.50 on the equity.   Analysts have a consensus recommendation of 2.30 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.  

Stock market investors may be taking some time to review portfolio allocation. Rebalancing the portfolio may be necessary for some but not for others. Rebalancing the portfolio may help provide a strategy for when the market becomes highly volatile. This process may also help keep the investor buying low and selling high. Investors may also be looking at some different stocks to explore in the next few months. This may include reviewing some foreign markets or some new sectors that were previously not included in the stock portfolio. Completing all the necessary research is typically a good way to start building a more comprehensive pool of diversified stocks.