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Even better, the per-share earnings five year growth rate for OMX is 88%, versus nearly 24% for both the industry and S&P500 Stock Index. And if that isn't good enough, OMX touts a dividend yield of 3.2%, compared with average yields of 1.6% for it's peer group and 2.4% for the S&P500 Stock Index. Eventually, all divergences between technicals and fundamentals will be resolved, pushing the shares substantially higher.
1) Trailing 12-months. 2) Most Recent Quarter. 3) Annualized. (All data provided by Reuters.com) To profit from this opportunity, we suggest initiating a long position at the current level. Or if you want a little more bang for your buck, you might wish to purchase the January 2010 $17.50 call (ticker: .YYBAW), which was last offered at $5.00. There is likely some overhead resistance near $21, as well as at the formation's apex, near $25, which must be overcome before any significant upside can occur. And since there should be strong support near the January and April lows (near $18) you might want to place a stop loss somewhere below $17 (depending on your personal risk tolerances), to protect yourself on the downside, should the shares move against you. Note: Symbols of LEAP options change regularly, so please be sure you are trading the correct security.
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