Shares of SLM Corp (NASDAQ: SLM) have lost roughly 1.75 percent year-to-date. Moreover, in the past five trading days, shares tumbled almost 11 percent, unlocking some room for upside. The Vetr crowd's average price target of $7.36 implies a potential return of almost 16 percent from current valuations.
Related Link: Here's How Crowdsourced Ratings Can Beat The Market
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.
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Seeking to better reflect this upside potential, the Vetr community decided upgrade its rating on shares of SLM on Wednesday, from 4.0 Stars (Buy) to 5.0 Stars (Strong Buy) - out of a possible 5.0 Stars rating.
Finally, it should be noted that, 87 percent of the crowd’s ratings are bullish.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
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.