UPDATE: Cowen and Company Initiates Coverage on Chicago Bridge & Iron Company NV with Outperform Rating, $98 PT on Multiple Positive Factors


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.


In a report published Tuesday, Cowen and Company analyst Daniel W. Scott initiated coverage on Chicago Bridge & Iron Company NV (NYSE: CBI) with an Outperform rating and $98.00 price target.In the report, Cowen and Company noted, “We are initiating coverage on Chicago Bridge & Iron with an Outperform rating and price target of $98/share. We favor CBI for its earnings growth and operating stability, exposure to diversified end markets, best in class margins, and strong technical operating groups. We believe CBI is well positioned to capitalize in the energy subsectors which we favor most, notably petrochemicals and LNG.”Chicago Bridge & Iron Company NV closed on Monday at $82.78.

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.


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Posted In: Analyst ColorInitiationAnalyst RatingsCowen and CompanyDaniel W. Scott