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.
Canaccord initiated coverage on Materialise NV (NASDAQ: MTLS) in a report issued Tuesday with a Buy rating and $15 price target.
Analysts Bobby Burleson and Prabhakar Gowrisankaran believe the company "is well positioned to deliver strong organic growth of at least 20-25 percent over the next several years."
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!
Burleson noted that growth will be "driven by the adoption of its proprietary 3D Printing Software, a continuing shift to end part production by customers within its Industrial Production unit, and a recovery to healthy long term growth for its Medical division."
The report praised the company’s "deep industry experience, strong management team, and culture that encourages cross pollination of IP generated from its software, 3D printing, and engineering core competencies."
The $15 price target is 6x the firm's 2015 sales estimate of €98.3 million with a USD/Euro conversion rate of 1.26.
Materialise NV recently traded at $11.14, up 1.55 percent.
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.