This is a good opportunity for investors to cash in on a potential upside catalyst. The recent sell-off has pushed the stock's P/E below the industry's average, reducing a lot of downside pressure on the stock if tomorrow's earnings go bad. Another nice thing about this play is the high correlation between the earning surprises and changes in the stock's price (around .964, with 1 being the highest). With this correlation investors do not have to worry about having a negative stock reaction after a positive release.
The one potential problem with the stock is the third quarter's substantial miss. Buying into a negative stock is always risky and should be noted. While the last report was not encouraging, the prior four quarters beat estimates handily.
I am buying this stock with a limit of 38.98. Due to the recent plunge of the stock, I feel that any beat could yield up to an 8% run-up tomorrow. A miss should result in less than a 4% plunge due to the low P/E ratio.
2 comments:
Hi !.
You may , perhaps curious to know how one can make real money .
There is no need to invest much at first. You may start earning with as small sum of money as 20-100 dollars.
AimTrust is what you thought of all the time
The company represents an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.
It is based in Panama with offices around the world.
Do you want to become really rich in short time?
That`s your choice That`s what you really need!
I`m happy and lucky, I began to take up real money with the help of this company,
and I invite you to do the same. It`s all about how to choose a correct partner who uses your money in a right way - that`s it!.
I earn US$2,000 per day, and what I started with was a funny sum of 500 bucks!
It`s easy to get involved , just click this link http://epobemotob.freecities.com/xuwypyw.html
and go! Let`s take our chance together to feel the smell of real money
Hello !.
might , probably very interested to know how one can reach 2000 per day of income .
There is no need to invest much at first. You may start earning with as small sum of money as 20-100 dollars.
AimTrust is what you haven`t ever dreamt of such a chance to become rich
AimTrust represents an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.
Its head office is in Panama with affiliates everywhere: In USA, Canada, Cyprus.
Do you want to become really rich in short time?
That`s your choice That`s what you wish in the long run!
I`m happy and lucky, I began to take up income with the help of this company,
and I invite you to do the same. If it gets down to choose a proper partner utilizes your funds in a right way - that`s the AimTrust!.
I earn US$2,000 per day, and my first deposit was 1 grand only!
It`s easy to get involved , just click this link http://izexofuky.greatnow.com/tahofug.html
and go! Let`s take our chance together to get rid of nastiness of the life
Post a Comment