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.
In a note released Thursday morning, Credit Suisse initiated coverage on American Axle & Manufacturing (NYSE: AXL) with a Neutral rating and a $20 price target.
The team at Credit Suisse believes American Axle faces a few structural headwinds going forward, which have warranted a Neutral rating despite a strong backlog of orders.
The headwinds include limited upside in full-size pickup demand, production in Brazil and Thailand is expected to drop ~15 and ~25 percent, respectively, and EBITDA margins are expected to drop from 13.8 percent in 2014 to 13.5 percent in 2016.
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!