UPDATE: Goldman Sachs Resumes Coverage on Chicago Bridge & Iron Company with Buy Rating, $68 PT on Best-In-Class LNG Franchise

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.

In a report published Monday, Goldman Sachs analyst Jerry Revich resumed coverage on Chicago Bridge & Iron Company (NYSE: CBI) with a Buy rating and $68.00 price target.In the report, Revich noted, “We resume coverage of CBI with a Buy rating and see 19% upside potential to our $68, 12-month price target. We are positive on CBI's best in class LNG franchise (33% of profits) and attractive competitive and technology positioning in the chemicals market (7%) driving our 15% above consensus estimates and strong orders growth over 2013-15E, more than offsetting a tough US Power (23%) outlook.”Chicago Bridge & Iron Company closed on Friday at $57.97.

27% profits every 20 days?

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