We added Tata Motors (NYSE: TTM) to our Long-Term Holdings Portfolio at $16.50 on Dec. 20, 2011. In just over a month, the stock has skyrocketed nearly 40 percent.

As such, we believe it’s prudent for long-term investors to take some short-term profits on their shares. Investors should sell the quantity of shares necessary to reduce the value of their holdings in Tata Motors to the size of their initial position. Tata Motors will remain in our Portfolio, so investors should continue to hold the balance of their shares after taking profits.