UPDATE: Sterne Agee Upgrades SVB Financial to Buy

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.

According to Sterne Agee, SVB Financial (NASDAQ: SIVB) is upgraded to Buy.Sterne Agee said that it is upgrading the shares of SIVB headed into 2012, a year when revenue growth will prove challenging and outliers stand to be rewarded for differentiated performance. “Our PT of $55 is based on 1.4x our forward TBVPS estimate and equates to ~14.5x our FY13E, noting a ten-year average forward P/E of 18.6x.”SVB Financial closed yesterday at $49.25.

27% profits every 20 days?

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