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.
Goldman Sachs is out with its report today on Sara Lee (NYSE: SLE), moving the company from NR to Buy.
In a note to clients, Goldman Sachs writes, "We have removed the NR designation from SLE shares. We now rate SLE a Buy with a 12-month price target of $19. SLE has announced plans to split in two (Meat Co. and Coffee Co.) and is returning cash to shareholders. We see 34% total return potential based on (a) our sum-of-the parts valuation, (b) its strategic value as an M&A candidate and (c) the distribution of cash to shareholders in the form of a $3 special dividend."
Shares of SLE closed Thursday at $16.76.
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.
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!