Related SBUX Kate Spade, Starbucks, Gold And Tech: Fast Money Picks For April 28 Jim Cramer Recommends Buying This $5 Stock, A Hot Retailer And More After Hours: GoPro, Square, CyberArk, FireEye, Herbalife Earnings (Investor’s Business Daily)
Scott Bauer of Trading Advantage suggested on Bloomberg Markets that traders should consider a bullish options strategy in Starbucks Corporation (NASDAQ: SBUX).
He thinks the stock is holding well at its current price level and it seems to him that it has found support. Bauer added that last two earnings results were not good, but he believes mobile payments and improvement of performance in Europe could help the stock.
Bauer wants to make a bullish bet with a purchase of the June 57.5/62.5 call spread. The trade would cost him $1 and it breaks even at $58.5 or 4 percent higher from the current stock price. If the stock jumps to $62.5 or higher at the June expiration he can maximally make a profit of $4.
Posted-In: Bloomberg Markets Scott Bauer Trading AdvantageOptions Markets Media
Best Gold Stocks To Buy For 2018: Graco Inc.(GGG)
- [By Lisa Levin]
In trading on Thursday, industrials shares fell by 0.83 percent. Meanwhile, top losers in the sector included Graco Inc. (NYSE: GGG), down 9 percent, and Southwest Airlines Co (NYSE: LUV), down 11 percent.
- [By Joel Elconin]
At this time, the only relevant news to the Gold market and Gold stocks was the halt of Graco Inc. (NYSE: GGG), which was down $0.80 at $84.64 and just reopened at $82.20.
Best Gold Stocks To Buy For 2018: Intellipharmaceutics International Inc.(IPCI)
- [By Lisa Levin]
IntelliPharmaCeutics Intl Inc (USA) (NASDAQ: IPCI) shares dropped 45 percent to $1.38 as the company disclosed that a FDA panel voted against approving the company’s NDA for Rexista™ abuse-deterrent oxycodone hydrochloride extended release tablets.
Best Gold Stocks To Buy For 2018: Cooper Companies, Inc. (COO)
- [By Chris Lange]
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was The Cooper Companies, Inc. (NYSE: COO) which traded down 3.7% at $242.09. The stocks 52-week range is $192.24 to $260.26. Volume was nearly 1 million compared to the daily average volume of less than half a million.