27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
In a report issued Monday, Axiom’s Managing Director of Internet Media Victor Anthony provides a preview of Google Inc (NASDAQ: GOOGL) (NASDAQ: GOOG)’s second quarter financial results, to be announced on Thursday afternoon, after the market closes.
According to the note, the experts at Axiom are expecting results in-line with our their estimates, which are close to consensus (see below). The tech behemoth’s shares have been “stuck in neutral” for the past year-and-a-half, outpaced by peers like Facebook Inc (NASDAQ: FB).
The stock currently trades at a discount relative to its peers, relative to growth, and relative to the S&P500. However, the analysts note that, “for the stock to work, investors would need to see: 1) a resolution of the EU antitrust investigation, 2) visibility into margin expansion and the likelihood of earnings outperformance, and 3) hints of a coming capital return initiative.”
What To Expect From The Earnings Call
Thursday’s earnings call “could shed light on margin potential and a capital return plan under the new CFO. Mobile search and YouTube performance are again likely to dominate the call,” the analysts comment.
The firm is modeling net sales of $14.3 billion (up 12.8 percent year-over-year), adjusted EBITDA of $7.1 billion (up 13.8 percent, on a 49.6 percent margin), and adjusted earnings of $6.78 per share, above consensus of $6.76 per share, and earnings of $6.08 per share reported a year ago.
Axiom maintains a Hold rating and $615 price target on shares of Google (GOOGL).
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
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