3 Stocks Ready To Break Out, According To Josh Brown


27% profits every 20 days?

This is what Nic Chahine averages with his options 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.


On CNBC's "Closing Bell," Josh Brown spoke about three stocks involved in medical equipment and testing diagnostics that look like they're setting up for a breakout.

He sees these ideas as trades, not investments, but he thinks they can reach new highs. He would use Tuesday's lows as a stop loss.

See Also: The Secret Life Of 'Downtown' Josh Brown

Becton Dickinson and Co (NYSE:BDX) has gotten back to a gap from January and it sets up nicely, according to Brown.

Thermo Fisher Scientific Inc. (NYSE:TMO) is his favorite of the three. The stock traded higher on better than expected earnings.

Baxter International Inc (NYSE:BAX) had insider buying of 10,000 shares last week.


27% profits every 20 days?

This is what Nic Chahine averages with his options 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.


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Posted In: MediaTrading IdeasClosing BellCNBCJosh Brown