Last month, I spoke about introducing more features to Profit Catalyst Alert to help subscribers make more money from my research. We had our first option trade with a put recommendation on VF Corp., the purveyor of the North Face clothing. This was a quick trade, opened and closed within… Read More
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Masonite is riding the strength in home building. Read More
I’ve added Acuity Brands (NYSE: AYI) to our portfolio. The company is a leading provider of lighting and heating solutions, and is a pure play on the explosive demand for intelligent lighting and heating for commercial, educational, industrial and residential buildings. Acuity’s recent acquisitions of Juno Lighting and Distech dramatically expand… Read More
We’re issuing a Stop Loss recommendation for SolarEdge at $16 for half your shares.Our reasoning: SolarEdge continues to trade lower despite beating estimates by $.04 Tuesday and issuing solid guidance. Revenue grew 27% and earnings were up 42%. Although 2017 estimates have come down since my original recommendation, the stock… Read More
SolarEdge continues to trend lower in response to Tesla’s acquisition of SolarCity. Tesla has discussed long term plans to develop its own inverters for SolarCity. Obviously the headline is dramatic but the reality is that SolarCity has been reducing orders to SolarEdge for a few quarters yet SolarEdge continues to… Read More
BrunswickOn July 28 Brunswick (BC) announced its second quarter numbers, in which it beat earnings estimates by 2 cents ($1.19) but missed revenue by 0.6%. The stock price has remained unchanged.The company’s financials continue to increase steadily. Second quarter revenue increased 8.8% over the same quarter a year prior. This… Read More
An update for all subscribers who still own the VF Corporation August 62.5 puts (initial sale Alert was issued last week). The stock continues to drift lower and the puts traded at $1.83 this morning, close to the $1.90 high from last week. I think this is a good exit… Read More
We’ve been patiently watching Masonite (NASD: DOOR), waiting for the right time to cross the threshold. The Florida-based maker of doors had relied on cutting costs to increase profits until recently.But now we’re seeing higher sales. Masonite finally caught the wave of improving home starts in the fourth quarter of last year. The stock… Read More
VF Corp’s reported sub par earnings this morning. The stock is currently trading below the 62.5 strike of the August puts we recommended on Wednesday.SELL the August 62.5 puts at a price of $2.00 or above for a swift 53% gain. As we predicted management pushed out revenue and profit growth… Read More