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.
Alphabet (NASDAQ:GOOGL) has observed the following analyst ratings within the last quarter:
| Last 30 Days | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
|---|---|---|---|---|
| Bullish | 0 | 1 | 1 | 12 |
| Somewhat Bullish | 0 | 2 | 0 | 12 |
| Indifferent | 0 | 0 | 0 | 0 |
| Somewhat Bearish | 0 | 0 | 0 | 0 |
| Bearish | 0 | 0 | 0 | 0 |
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In the last 3 months, 28 analysts have offered 12-month price targets for Alphabet. The company has an average price target of $2325.86 with a high of $2750.00 and a low of $2050.00.
This current average represents a 15.48% increase from the previous average price target of $2014.04.
What Are Analyst Ratings?
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Analysts may suggest actions like "buy", "sell", "hold", or similar verbage for each stock based on research compiled from the corresponding company. Analysts who suggest "buy" are telling traders to purchase the stock based on forecasted growth. On the flip side, analysts who suggest "sell" are telling traders to dump the stock because of a similarly forecasted decline. Analysts who suggest "hold" are telling investors that they see short-term or mid-term stagnation and to maintain their positions on the stock.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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.