Author: OptimizedValue

Papa John’s Intl. Inc. stock trades under the ticker PZZA & has shown recent bullish movement that traders & investors should take a deeper look at.

PZZA stock closed at $125.76/share on 11/1/2021.

Papa John’s Intl. Inc. PZZA Stock’s Technicals Broken Down

PZZA Stock Price: $125.76

10 Day Moving Average: $121.67

50 Day Moving Average: $126.09

200 Day Moving Average: $106.77

RSI: 55.2

MACD: -1.013

Yesterday, PZZA completed a bullish MACD crossover, while also approaching its 50 Day Moving Average.

The prior day, PZZA broke out above its 10 Day MA, which is <5% behind their 50 Day MA.

With a neutral RSI, there is additional momentum to push the price above the 50 Day MA, which will get additional fuel from the 10 Day MA crossing it a matter of days later.

The next test for PZZA will be the $127.66-128/share range.

Papa John’s Intl. Inc. PZZA Stock As A Long-Term Investment

Investors may be fond of PZZA stock as a long-term hold, due to their popularity & increased Quarterly Revenue Growth of 11.8% & Quarterly Earnings Growth of 56%.

Their Institutional Shareholders account for ~98% of shareholders.

However, their P/E (ttm) & P/B are both not positive, and their 1.13% dividend yield is not supported by a strong payout ratio (-13%).

Another area that some investors may be wary of is their balance sheet, where they have Total Cash (mrq) of $96.2M & Total Debt (mrq) of $614.2M.

Papa John’s Intl. Inc. PZZA Stock As A Short-Term Trade Using Options

Short-term focused traders may be interested in using options to profit from PZZA stock’s recent momentum.

I am looking at the contracts with the 11/19 expiration date.

The $120 & $125 calls look safe, with the $130 also being in the running to be in-the-money by the expiration.

For puts, the $130, $135 & $140 strike prices also look appealing as a hedge.

The open interest on puts vs. calls shows that traders expect there to be more bullishness to come from PZZA stock in the near term, although that sentiment may shift as contracts with expiration dates between now & then expire.

Tying It All Togher

Overall, PZZA stock has a lot of opportunities for traders & investors.

Investors may like their recent growth & undisputed popularity of the major pizza chains.

Traders will like their current momentum & variety of expiration dates for options contracts, as they can get better prices on contracts that expire sooner.

All-in-all, Papa John’s Intl. Inc. is worth taking a closer look at for all market participants.

*** I DO NOT OWN SHARES OF PZZA STOCK ***

Avantor, Inc. stock trades under the ticker AVTR & has shown recent bullishness that is worth taking a closer look at.

AVTR closed at $40.38/share on 10/29/2021.

Avantor, Inc. AVTR Stock’s Technicals Broken Down

AVTR Stock Price: $40.38

10 Day Moving Average: $38.38

50 Day Moving Average: $40.33

200 Day Moving Average: $34.29

RSI: 56.3

MACD: -0.584

On Friday, AVTR stock completed a bullish MACD crossover, while also gapping up 5.4%.

In the process, they also bullishly crossed their 10 & 50 Day Moving Averages.

With ~5% between the 10 & 50 Day MA’s, there looks to be additional bullish support to come in the near-term.

The $41.51-level is the next stop on resistance, and with a neutral RSI that looks to be the next stop in the coming days for AVTR.

Avantor, Inc. AVTR Stock As A Long-Term Investment

AVTR can give investors exposure to the Specialty Chemicals industry as they look to balance their portfolios.

AVTR has a P/E (ttm) of 89.7 & a P/B of 12.4.

Their Quarterly Revenue Growth Y-o-Y is 14.3%, and they do not offer a dividend yield.

On AVTR’s balance sheet, they have Total Cash (mrq) of $1.43B & Total Debt (mrq) of $5.6B.

Despite these metrics that some investors may not be too fond of, AVTR is 92% held by institutional investors.

Avantor, Inc. AVTR Stock As A Short-Term Trade Using Options

Avantor Inc.’s stock has options contracts to trade, which traders can use to take advantage of their current momentum.

I am looking at the 11/19 expiration dated contracts.

The $40 & $42.50 calls look interesting, with the former being in the money already & the latter being ~5% away.

For puts, the $42.50 & $45 strike prices look like a good way to fend off broader market volatility.

Tying It All Together

Overall, AVTR stock has many advantages for both the near & long-term.

Their valuation metrics may appeal to investors, although their balance sheet may make some investors wary.

In the near-term, their current momentum looks strong & set to continue pushing them higher.

AVTR stock is worth taking a closer look at, regardless of your trading style & time frames.

*** I DO NOT OWN SHARES OF AVTR STOCK ***

WD-40 Co. stock trades under the ticker WDFC & has shown recent technical strength that should be closer examined.

WDFC stock closed at $231.01/share on 10/28/2021.

WD-40 Co. WDFC Stock’s Technical Performance Broken Down

WDFC Stock Price: $231.01

10 Day Moving-Average: $223.41

50 Day Moving-Average: $229.48

200 Day Moving-Average: $259.86

RSI: 53.8

MACD: -1.917

WDFC has had higher than average volume the past couple of weeks when compared to the rest of the year, and yesterday completed a bullish MACD crossover.

Additionally, WDFC crossed over both its 10 & 50 Day MA’s bullishly in the process, while maintaining a neutral RSI.

With ~3% between the 10 & 50 Day MA’s, there looks to be additional momentum in the near-term that will help them test the $235 price level.

Once they have crossed there, the next level to eye is the $240 level.

WD-40 Co. WDFC Stock As A Long-Term Investment

WDFC has a P/E (ttm) of 44.4 & a P/B of 15.4. While the P/B is a bit rich, investors may like their Price to earnings ratio.

While their Quarterly Revenue Growth Y-o-Y was not impressive at only 3%, this is a household name that has a large marketshare that spans over generations that was founded in 1953.

WDFC has Total Cash (mrq) of $85.96M & Total Debt (mrq) of $124.7M on their balance sheet.

WDFC’s dividend yield is 1.3%, with a Payout Ratio of 54%, which although is high, does not suggest that the yield will need to be cut anytime soon.

Institutional investors like WDFC stock, owning 89.5% of the share float.

WD-40 Co. WDFC Stock As A Short-Term Trade Using Options

Traders can take advantage of WDFC stock’s current momentum using options.

I am looking at the 11/19 expiration dated contracts.

The $230 & $240 calls look appealing, with the latter only being 4.5% out of the money.

The $240 & $250 puts also look interesting, and can be used to prevent losses from broader market volatility.

Tying It All Together

Overall, WD-40 Co.’s stock has many appealing attributes for traders & investors to look into.

As a long-time established brand, investors can feel safe in their performance, although some of their metrics may be riskier than others.

Near-term traders will like their current path of momentum, and additional near-term strength.

WDFC stock is worth taking a closer look at for any and all market participants.

*** I DO NOT OWN SHARES OF WDFC STOCK ***

Timken Steel Corp. stock trades under the ticker TMST & has shown recent bullishness that traders & investors should take note of.

TMST stock closed at $13.75/share on 10/26/2021, after completing many bullish indicators that signal future growth is to come in the near-term.

Timken Steel Corp. TMST Stock’s Technical Performance Broken Down

TMST Stock Price: $13.75

10 Day Moving-Average: $13.19

50 Day Moving-Average: $13.51

200 Day Moving-Average: $11.96

RSI: 54.6

MACD: -0.064

Yesterday, TMST stock completed a bullish MACD crossover, while also bullishly breaking through its 10 & 50 Day Moving-Averages.

With a neutral RSI, TMST has more room to run in the near-term, although traders should note that their volume is about average compared with the rest of the year.

This may be of less concern to traders now, as most stocks that we have covered on this site have been trading below their annual average volumes.

Timken Steel Corp. TMST Stock As A Long-Term Investment

Investors may be interested in TMST stock’s valuation metrics, where their P/E (ttm) is 21.83 & their P/B is 1.04.

TMST stock has experienced Quarterly Revenue Growth Y-o-Y of 112%, which also should catch the eye of investors.

TMST’s balance sheet is also appealing, with Total Cash (mrq) of $115.2M & Total Debt (mrq) of only $63.9M.

Two areas of concern for investors may be their lack of a dividend yield, as well as their high beta that is 2.09, meaning that they will generally move in a more volatile fashion than the rest of the market.

Timken Steel Corp. TMST Stock As A Short-Term Trade Using Options

Short-term oriented traders can use options to take advantage of TMST stock’s recent momentum, while hedging against broader market inflation.

I am looking at the contracts with the 11/19 expiration date.

The $15 & $12.50 calls look appealing, although they will need to test the $14.69 level before the former will be in-the-money.

The $15 & $17.50 puts also look appealing as a means of hedging against a fall in price caused by broader market volatility.

Tying It All Together

Overall, TMST stock has many appealing attributes that traders & investors should take a closer look at.

Traders will like TMST’s current momentum & with 3 weeks left on their option contracts there is time for them to break out into higher territory, putting the $15 calls in-the-money.

Investors will like their fundamentals, although they may be disappointed by the lack of dividend.

All-in-all, TMST stock is worth taking a closer look at.

*** I DO NOT OWN SHARES OF TMST STOCK ***

Turning Point Brands, Inc. stock trades under the ticker TPB & has recently shown signs of bullishness.

TPB closed at $48.61/share on 10/25/2021, after completing multiple bullish indicators.

Turning Point Brands Inc. TPB Stock’s Technical Performance Broken Down

TPB Stock Price: $48.61

10 Day Moving-Average: $47.58

50 Day Moving-Average: $47.96

200 Day Moving-Average: $47.95

RSI: 57.7

MACD: -0.011

TPB stock completed a bullish MACD crossover yesterday, while also breaking out above all of its major moving averages bullishly.

With their 10 Day Moving-Average primed to cross through their 50 & 200 Day MA’s in the coming days, there looks to be additional momentum to help propel their price higher in the near-term.

The $49.25-$49.50 level is the next price level that they will test, and their RSI is still relatively neutral, which should also help their share price power higher.

Turning Point Brands Inc. TPB Stock As A Long-Term Investment

Investors with long time horizons may be interested in Turning Point Brands Inc.’s stock’s valuation metrics, with a P/E(ttm) of 21.2, although their P/B is a bit rich at 6.9.

TPB had 16.8% Quarterly Revenue Growth Y-o-Y, and has 81% % Institutional Investors.

TPB offers s modest dividend yield of 0.44%, with a very safe 9.4% payout ratio for investors.

One area of concern is TPB’s balance sheet, with $157.5M in Total Cash (mrq), but $448.4M in Total Debt (mrq).

Turning Point Brands Inc. TPB Stock As A Short-Term Trade Using Options

Short-term traders will like TPB’s current momentum, and can use options to profit from it while hedging against broader market volatility.

I am looking at the 11/19 expiration dated contracts.

The $45 & $50 calls look appealing, especially as they should gain more open interest as we approach the expiration date.

The $50 puts are more liquid than the $55 contracts, although that too is likely to change as their price continues on higher.

Tying It All Together

Overall, Turning Point Brands Inc.’s stock has many great qualities that traders & investors should both like.

TPB’s current momentum looks poised to continue upwards in the near-term, with additional strength to come in the coming days.

Long-term investors will like their valuation metrics & safe dividend yield.

All-in-all, it is worth taking a closer look at TPB stock.

*** I DO NOT OWN SHARES OF TPB STOCK ***

Synaptics Inc. stock trades under the ticker SYNA & is a member of the computer hardware industry.

SYNA stock closed at $177.74/share on 10/22/2021, after showing recent bullishness that traders & investors should take a closer look at.

Breaking Down Synaptics Inc. SYNA Stock’s Technical Performance

SYNA Stock Price: $177.74

10 Day Moving-Average: $175.12

50 Day Moving-Average: $179.32

200 Day Moving-Average: $145.64

RSI: 50

MACD: -0.799

On Friday, SYNA stock completed a bullish MACD crossover, with a neutral RSI, signaling that there is more bullish momentum to come.

With the share price ~1% lower than the 50 Day MA, & the 10 Day MA ~1% lower than the share price, there looks to be added momentum in the week to come for SYNA.

SYNA has traded on lighter than average volume the last month, when compared to the rest of the past year.

Their next test looks to be at the $181.66 level, followed by the $187 price level as they continue to climb.

Synaptics Inc. SYNA Stock As A Long-Term Investment

Long-term focused investors may find SYNA stock to be an appealing investment for their portfolios.

SYNA has a P/E (ttm) of 85.5 & a P/B of 7.2, which is not terribly high for a tech company’s valuation metrics.

They had 18.1% Quarterly Revenue Growth Y-o-Y, and 95% % Institutional Shareholders.

SYNA’s balance sheet has Total Cash (mrq) of $836.3M, with Total Debt (mrq) of $914.8M.

SYNA stock does not offer a dividend yield to their investors.

Synaptics Inc. SYNA Stock As A Short-Term Trade Using Options

Short-term focused traders may want to use options to take advantage of SYNA’s current bullish momentum, while fighting off broader market volatility.

I am looking at the 11/19 expiration dated contracts.

The $175 & $180 calls look appealing, as they should continue to gain open interest & become more liquid in the coming days to weeks.

There is limited open interest on the puts side, signaling that the broader sentiment around SYNA is bullish.

However, the $180 & $190 puts would be of interest once they become more liquid.

Tying It All Together

Overall, there look to be a lot of advantages in Synaptics Inc.’s stock for traders & investors alike.

Investors will like their revenue growth, along with their balance sheet.

Traders will like their current momentum & set up for near-term bullish momentum.

All-in-all SYNA stock is worth taking a closer look at, no matter your trading style.

*** I DO NOT OWN SHARES OF SYNA STOCK ***

Tractor Supply Co. stock trades under the ticker TSCO & closed at $203.52/share on 10/19/2021.

TSCO stock has shown recent bullishness that traders & investors should take a closer look at in order to take advantage of profit opportunities.

Breaking Down Tractor Supply Co. TSCO Stock’s Technical Performance

TSCO Stock Price: $203.53

10 Day Moving-Average: $197.37

50 Day Moving-Average: $199.19

200 Day Moving-Average: $179.90

RSI: 56.5

MACD: -0.322

TSCO stock has broken out over both its 10 & 50 Day Moving-Averages over the last couple of days, and yesterday completed a bullish MACD crossover.

Additional near-term momentum will be provided to their share price, as the 10 Day MA is ~2% away from breaking through the 50 Day MA bullishly.

With an RSI that is still fairly neutral at 56, there is still additional room to run for TSCO stock.

Tractor Supply Co. TSCO Stock As A Long-Term Investment

Investors may find TSCO stock’s valuation & fundamentals appealing as a long-term investment.

Although they have a modest P/E (ttm) of 27.3, some investors may not be comfortable with their P/B of 11.8.

TSCO had Quarterly Revenue Growth Y-o-Y of 13.4%, and offers a 0.9% Dividend Yield.

Their dividend looks safe, with a Payout Ratio of 24.5%.

TSCO has Total Cash (mrq) of $1.41B & Total Debt (mrq) of $3.8B, which may be off-putting to some investor’s risk appetite.

Despite this, they have 89% Institutional Investors.

Tractor Supply Co. TSCO Stock As A Short-Term Trade Using Options

Short-term traders may be interested in using options in order to take advantage of their current momentum, while also hedging against broader market volatility.

I am looking at the contracts that expire on 11/19, as they seem to have better Open Interest than the ones that are dated to expire sooner than that.

The $202.5 & $200 strike price calls look appealing, as they are already in-the-money.

For puts, the $210’s have the best liquidity of the options that I am looking at now, but that is likely to change as other contracts expire between now & then.

Tying It All Together

All-in-all, there are many opportunities for traders & investors to profit from TSCO stock.

Investors will like Tractor Supply Co.’s growth, dividend & valuation in the long-term.

Traders will like their current momentum, as well as the broader bullish sentiment in their options, with more open interest in the call contracts than the puts.

Overall, it is worth taking a closer look at Tractor Supply Co. TSCO stock, whether as a short-term trade or a long-term investment.

*** I DO NOT OWN SHARES OF TSCO STOCK ***

Lululemon Athletica Inc. stock has displayed recent bullishness that may be interesting to traders & investors.

Trading under the ticker LULU, their stock closed at $417.38/share on 10/18/2021.

Lululemon Athletica Inc. LULU Stock’s Technicals Broken Down

LULU Stock Price: $417.38

10 Day Moving-Average: $399.14

50 Day Moving-Average: $407.15

200 Day Moving-Average: $355.96

RSI: 57.3

MACD: -1.814

Yesterday, LULU had a bullish MACD crossover, while also breaking above its 50 Day Moving-Average.

LULU stock should receive additional near-term momentum as their 10 Day MA is ~2% below breaking above their 50 Day MA as well.

While recent volume has been light, LULU’s RSI is also still within the range of neutral, not signaling overbought conditions just yet, which means there is more room to run while they begin to establish a new range.

Lululemon Athletica Inc. LULU Stock As A Long-Term Investment

Investors may find LULU’s fundamentals appealing for a long-term investment opportunity.

LULU stock’s P/E (ttm) is 63.8, with a P/B of 19.61, which are a bit rich.

However, their Quarterly Revenue Growth Y-o-Y is 60.7%, which is sure to catch investors’ eyes.

LULU’s balance sheet also looks appealing, with Total Cash (mrq) of $1.17B & Total Debt (mrq) of only $794.8M.

Lululemon Atheltica Inc.’s stock does not pay a dividend yield, which may disappoint some investors.

Despite this, they still have 86.8% Institutional Investors, which some investors view as a vote of confidence in a company.

Lululemon Atheltica Inc. LULU Stock As A Short-Term Trade Using Options

Short-term oriented traders can use LULU options to take advantage of their current momentum & strength, while also hedging themselves against broader market volatility.

I am looking at the 10/29 expiration dated contracts, with the $415 & $417.50 calls looking appealing in-the-money, as well as the $420 calls that are just out-of-the-money.

The $425 & $430 puts also look interesting, although all of these contracts are fairly illiquid with low Open Interest levels.

Tying It All Together

Overall, there are many advantages Lululemon Athletica Inc.’s stock present to investors & traders alike.

Investors should like their balance sheet & income statement metrics, including growth.

Traders should find their recent bullish growth & momentum behind it appealing, as well as the ability to hedge their bets using puts as well as call options.

LULU stock is worth taking a closer look at for investors & traders alike.

*** I DO NOT OWN SHARES OF LULU STOCK ***