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.
Northland analyst Tim Savageaux listed Adtran Inc (NASDAQ:ADTN) as one of his top picks for 2022.
- Savageaux reiterated his recently raised price target of $35, implying 50.5% upside, and Outperform rating.
- Savageaux cited indications of continued strong 10G PON and market demand from U.S. rural and European alternative carriers.
- Like his other top pick Harmonic Inc (NASDAQ:HLIT), Adtran's valuation "compares extremely favorably" with rural fiber competitor Calix Inc (NYSE:CALX).
- Savageaux raised the price target on Harmonic to $17 from $15, implying 42.3% upside, and reiterated Outperform. Savageaux noted Harmonic "is set for a breakout year."
- Back-to-back analyst days from CommScope Holding Co Inc (NASDAQ:COMM) and Casa Systems Inc (NASDAQ:CASA) saw them "effectively raising the white flag in next-gen visualized Cable Access."
- Additionally, Harmonic's "commanding leadership in next-gen visualized and distributed Cable Access has become much clearer."
- Price Action: ADTN shares traded higher by 1.84% at $23.25, and HLIT shares traded higher by 1.62% at $11.95 on the last check Monday.
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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