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.
On Tuesday, Matthew Stover of Susquehanna Financial Group initiated coverage on several auto stocks:
Autoliv Inc. (NYSE: ALV) Neutral rating; $99 price target. Stover finds Autoliv is the “undisputed leader in passive safety.”
American Axle & Manufacturing Holdings (NYSE: AXL) Neutral rating; $18 price target.
Dana Holding Corporation (NYSE: DAN) Neutral rating; $19 price target. Susquehanna analysts feel that Dana Holding Corp is “undoubtedly a cheap stock.”
Ford Motor Company (NYSE: F) Neutral rating; $14 price target.
General Motors Co. (NYSE: GM) Neutral rating; $30 price target.
Lear Corporation (NYSE; LEA) Neutral rating; $90 price target.
Visteon Corporation (NYSE: VC) Positive rating; $107 price target. Stover noted, ‘Visteon has been a hidden value story since emerging from bankruptcy.”
Tenneco Inc. (NYSE: TEN) Positive rating; $61 price target. Analysts find, “the company's Emissions Control has a very attractive growth potential as emissions standards change around the world.”
BorgWarner Inc. (NYSE: BWA) Positive rating; $67 price target. Stover wrote, “In our view, BWA is one of the best ways to play tightening emissions/fuel efficiency standards on a global basis.”
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.
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