UPDATE: Credit Suisse Upgrades Securitas to Neutral from Underperform, Raises PT to SEK 58

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.

Credit Suisse has Upgraded Securitas AB (SECU-B.ST) to Neutral from Underperform, and increased price target to SEK 58 from SEK 49.Credit Suisse noted, "Securitas plans to reduce costs by SEK 370m on a net basis, which [we] believe will drive a return to EPS growth in 2013E. While our 2012E EPS estimates fall 4% (reflecting FX, higher interest charges and lower growth in the US), our 2013E EPS estimates rise by 7%. [We] now forecast 17% EPS growth in 2013. Our price target rises to SEK 58 (from SEK 49) and we upgrade to Neutral (from Underperform)."Securitas was trading at SEK 51.60 at 9.25 a.m EST.

27% profit every 20 days?

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