January 14, 2015 8:24 AM | 1 min read |
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 report published Wednesday, Miller Tabak analyst Tim Tiberio upgraded the rating on
Brasil Foods (NYSE: BRFS) from Hold to Buy, and raised the price target from $26.00 to $28.00.In the report, Miller Tabak noted, “Upgrade to Buy from Hold, as we see valuation upside coinciding with an unexpected market opportunity presented by growing import bans on US poultry. More importantly, global trade dynamics should provide Brasil Foods with a much-needed pressure valve in 2015, as domestic economic growth remain middling and domestic poultry production is poised to expand as lower feed costs flow through to breeders. Looking beyond N-T commodity-economic trends, we see a greatly improved balance sheet enabling the company to re-ignite top-line processed food revenue growth in 2016 vis-à-vis M&A.”Brasil Foods closed on Tuesday at $23.05.
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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