Stifel Upgrades DCT Industrial Trust And Douglas Emmett


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.


John Guinee of Stifel upgraded shares of DCT Industrial Trust

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!

(NYSE: DCT) to Buy from Hold with a $38 price target. At the same time, the analyst also upgraded shares of Douglas Emmet (NYSE: DEIT) to Hold from Sell.Guinee upgraded DCT Industrial Trust as he believes a dividend increase in 2015 is likely. The analyst also notes the company has a “prudent, but largely speculative” development pipeline at rates that are accretive to FFO and NAV. In addition, the company also has a “clean” balance sheet, led by a “solid” management team.Guinee upgraded Douglas Emmet as a positive catalyst may come in the form of “very aggressive” pricing of West Los Angeles office assets. The analyst notes that if the expected sale of the six million square foot $3.0 billion Blackstone (NYSE: BX) portfolio sells to a firm besides Douglas Emmet, the company may “win by losing.” Alternatively, if Douglas Emmett prevails, it may “lose by winning.”

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.


Posted In: NewsJohn GuineeREITStifel