Sell to close the May 19, 2017 put on Campbell Soup (NYSE: CPB) with a strike price of $57.50 at $2.27 or higher for a 64% gain. Symbol (CPB170519P57.5) As predicted, General Mills’ (NYSE: GIS) disappointing quarter yesterday showcased how little appetite consumers have for packaged… Read More
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Welcome from Chief Investment Strategist Linda McDonough Welcome to Profit Catalyst Alert! You’ve locked in your subscription and are ready to start raking in lighting-fast triple-digit gains. I’m thrilled to have you on board. I’m sure you’re excited to dive into all the details, but let’s… Read More
Our option positions have a busy week ahead. There are three events which could weigh in on the trading of our bearish food positions. We entered three new put positions last week in the following stocks: Campbell Soup Company (NYSE: CPB), Kroger (NYSE: KR) and… Read More
My timing on the H&E Equipment (NSDQ: HEES) call purchase could not have been worse. We bought the calls just as oil prices were rolling over. Despite the fact that just a fraction of H&E’s revenue is reliant on new oil discovery the stock traded down with the group. Earnings… Read More
This is my first experience with Investing Daily. How do I log into the Profit Catalyst Alert website? I’ve lost my password and can’t log into the website. How can I retrieve it? How can I update my postal address, email address… Read More
I’m feeling queasy over food stocks. A global slowdown in demand for processed goods and increasingly expensive acquisitions are weighing down profits. The small bump in growth provided by the expansion of food aisles in Target and Walmart has dissipated. Many have reached for growth via high priced… Read More
Earnings season is quieting down. Air Transport Services Group reported last Tuesday but otherwise it will be about a month before some of the early birds start reporting in May. Overall our stocks enjoyed a great season with many seeing big surges in revenue and earnings. Read More
Winnebago (NYSE:WGO) has finally started to drop and I expect it will be weaker today due to a downgrade from Outperform to Market Perform by BMO Capital. The brokerage firm lowered the price target by 28% to $29. The firm is worried that Winnebago’s turnaround could be stalling out. Competitor… Read More
Ambarella (NSDQ: AMBA) reported a strong quarter on Feb. 28. Earnings were $1.11, $0.17 higher than expected and up 100% from the prior year. However, the transition away from sick customer GoPro is not moving fast enough. First quarter earnings will be less than expected due to a draconian drop… Read More
A brutal environment for retail has produced a silver lining for some. Big Five Sporting Goods is a small-cap ($340 million) sporting goods retailer set to make hay from the demise of its competitors. With little brick and mortar competition standing, Big Five is cleaning up. Earnings are expected to… Read More