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.
- Gartner Inc (NYSE:IT) reported fourth-quarter FY21 revenue growth of 18% year-on-year on an FX-neutral basis to $1.306 billion, beating the consensus of $1.25 billion.
- Revenues from Research rose 16.8% Y/Y to $1.1 billion, and Conferences was $107 million, up 14.8% Y/Y. Consulting revenue grew 25.5% Y/Y to $118 million.
- Global Technology Sales Contract Value rose 14% Y/Y FX neutral to $3.4 billion. Global Business Sales Contract Value increased 24% Y/Y to $0.9 billion.
- Adjusted EPS of $2.99 beat the consensus of $2.42.
- Gartner generated $235 million in operating cash flow.
- Gene Hall, Gartner's CEO, commented, "Gartner had a strong finish to an already good year, delivering contract value at the high end of our medium-term guidance, revenue growth across all three segments, and outstanding free cash flow generation."
- Share Buyback: The board raised the share buyback authorization by $500 million in February 2022.
- Price Action: IT shares closed higher by 0.07% at $294.85 on Monday.
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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