The Vetr crowd on Tuesday downgraded its rating on Arconic Inc (NYSE:ARNC) from 5 stars (Strong Buy), issued 73 days ago, to 3 stars (Hold). Crowd sentiment at the time of the downgrade was mostly positive, with 83 percent of Vetr user ratings bullish.
Arconic rose nearly 10 percent from the start of October to the following Monday's close six trading days later. Arconic closed Tuesday down by a cent at $27.39.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
See how crowdsourced ratings could help you time the market.
Currently, the Vetr crowd's average price target on Arconic is up at $27.98. Less than 2 percent of Vetr users are holding ARNC in their watch-lists.