March 19, 2012 2:09 PM | 1 min read
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Oppenheimer initiates its coverage on Yum Brands (NYSE YUM) with a rating of Outperform and a price target of $82 on the company's growth-oriented platform. Oppenheimer says, "Since October 2011, the stock is up 43% (vs. S&P's 28%), but our analysis suggests incremental upside to both earnings and valuation. We are attracted to the uniquebusiness model that continues to shift toward emerging economies (now 60% of profits) which boosts ROIC and could extend the double-digit earnings runway for several years. Importantly, company-specific tailwinds in China (~45% of profits) are powerful and appear uncorrelated to slowing GDP. The reliable free cash flow stream could generate well over $1 billion in 2012 and lead to earnings-accretive share buybacks and double-digit dividend raises."YUM closed at $68.40 a share on Friday.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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