Author: OptimizedValue

West Pharmaceutical Services stock trades under the ticker WST & has shown recent bullishness that investors & traders should take a closer look at.

WST stock closed at $422.46/share on 11/15/2021, while showing signs of additional near-term gains from bullish momentum.

West Pharmaceutical Services WST Stock’s Technicals Broken Down

WST Stock Price: $422.46

10 Day Moving Average: $420.76

50 Day Moving Average: $428.09

200 Day Moving Average: $362.78

RSI: 51.2

MACD: -1.484

WST stock completed a bullish MACD crossover yesterday, while also breaking out above its 10 Day Moving Average.

Recent volumes have been a bit above average compared to the rest of the last year.

WST’s next test will be at the $426/share price level, which may see additional bullish momentum upon crossing as their 50 Day MA will be around there at the same time.

With a completely neutral RSI, there looks to be little limiting WST stock’s upside at the moment.

West Pharmaceutical Services WST Stock As A Long-Term Investment

Investors may find West Pharmaceutical Service’s stock appealing as a long-term investment.

While their P/E (ttm) of 51.95 & P/B of 14.1 are high, given the nature of the space that they operate in they are understandable.

WST stock had 28.9% Quarterly Revenue Growth Y-o-Y, and enjoys a Beta of 0.98, meaning that it tends to move about in line with the broader market indexes.

Their Balance Sheet looks appealing, with Total Cash (mrq) of $688M & Total Debt (mrq) of $315.6M.

WST stock offers a 0.16% dividend yield, which looks to be very safe at an 8.43% payout ratio.

They also enjoy 94% of their share float being held by institutional investors.

West Pharmaceutical Services WST Stock As A Short-Term Trade

Short-term oriented traders can use options in order to take advantage of West Pharmaceutical Services stock’s recent momentum.

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

The $410, $420 & $430 calls look interesting, although their open interest levels are very low, making them relatively illiquid.

For puts, the $420 & $430 also look appealing.

Interestingly, the $420 puts have greater open interest than all of the calls mentioned in the previous sentence combined.

This signals that traders seem to be fairly certain that the price will be below that mark by Friday’s expiration.

Tying It All Together

All-in-all, there looks to be appealing characteristics of WST stock for both traders & investors alike.

WST stock looks to have appealing fundamentals for investors focused on the stock’s long-term performance.

In the near-term, they have bullish momentum that looks set to continue pushing them higher as they test their next level of resistance.

Whether you’re focused on the long or near term, WST stock is worth taking a closer look at.

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

Dana Inc. stock trades under the ticker DAN & has shown recent bullishness that investors & traders should take note of.

DAN stock closed at $24.14/share on 11/12/2021, on a 3% bullish gap up.

Dana Inc. DAN Stock’s Technicals Broken Down

DAN Stock Price:$24.14

10 Day Moving Average: $23.23

50 Day Moving Average: $23.10

200 Day Moving Average: $23.99

RSI: 55

MACD: -0.024

On Friday, DAN stock completed a bullish MACD crossover, while also breaking out above both its 10 & 50 Day Moving Averages.

Their recent volume has been a bit higher than usual for the rest of the year.

The next level of resistance to break through is the $25.48/share level.

With a relatively neutral RSI, there looks to be sufficient momentum to carry it up to that point.

Dana Inc. DAN Stock As A Long-Term Investment

Investors will like DAN stock’s fundamentals, with a P/E (ttm) of 16.2 & a P/B of 1.82.

DAN stock saw a 10% Quarterly Revenue Growth Y-o-Y.

One area that may worry them is DAN’s balance sheet, where they have $238M in Total Cash (mrq) & Total Debt (mrq) of $2.66B.

They offer a 1.3% dividend yield, that appears safe with a ~20% payout ratio.

Because of this, they enjoy a 95%+ % Institutional Shareholders.

Dana Inc. DAN Stock As A Short-Term Trade Using Options

Short-term focused traders can use options to take advantage of DAN’s current momentum.

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

The $24 & $25 calls look interesting, although someone illiquid with only 800 or so contracts outstanding between both strike prices.

The $25 & $26 puts also look appealing, but face a similar issue from the open interest perspective.

With more calls than puts outstanding, the general market sentiment is still bullish for DAN stock.

Tying It All Together

Overall, DAN stock offers opportunities that both traders & investors will like.

DAN’s valuation metrics & dividend yield both look appealing for long-term investors.

In the near-term, their current momentum & technical indicators show that there is still more room for their price to run.

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

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

Banco Macro SA stock trades under the ticker BMA & has shown recent bullish signals that traders & investors should take a closer look at.

BMA stock closed at $17.20/share on 11/10/2021.

Banco Macro SA BMA Stock’s Technicals Broken Down

BMA Stock Price: $17.20

10 Day Moving Average: $16.44

50 Day Moving Average: $17.36

200 Day Moving Average: $15.31

RSI: 53.2

MACD: -0.109

BMA stock completed a bullish MACD crossover yesterday, while also temporarily breaking out above its 50 Day Moving Average bullishly.

With 5% between the 10 Day MA & share price, there should be additional upward pressure on their share price to break out above the 50 Day MA.

The $18-level is the next major test for BMA’s share price once it does break above the 50 day.

Banco Macro SA BMA Stock As A Long-Term Investment

Investors will like BMA’s valuation metrics, with a P/E(ttm) of 7.7 & a P/B of 0.56.

BMA’s Quarterly Revenue Growth Y-o-Y was -0.3% & their Beta runs a bit hotter than the broader markets at 2.17.

Their balance sheet looks good, with $268B in Total Cash (mrq) & Total Debt (mrq) of just $43.9B.

Banco Macro SA BMA Stock As A Short-Term Trade Using Options

Traders can take advantage of BMA stock’s current momentum by trading options.

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

The $17.50 calls look appealing, as they have more open interest than the $15 calls that are in-the-money.

The $20 & $17.50 puts also look interesting, with the most open interest for calls & puts both being the $17.50 strike price.

Tying It All Together

Overall, there are many appealing traits to BMA stock that traders & investors are sure to like.

Investors will like their balance sheet & valuation metrics.

Traders will like their current momentum, paired with their neutral RSI signaling that there is more room to run in the near term.

Banco Macro SA stock is worth taking a closer look at regardless of your trading style & time frame.

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

Atlas Corp. stock trades under the ticker ATCO & has shown recent bullish strength that traders & investors should take note of.

ATCO stock closed at $15.40/share on 11/9/2021, with signs showing further gains to come in the near-term.

Atlas Corp. ATCO Stock’s Technicals Broken Down

ATCO Stock Price: $15.40

10 Day Moving Average: $14.16

50 Day Moving Average: $14.81

200 Day Moving Average: $13.76

RSI: 63.4

MACD: -0.075

Yesterday, ATCO stock completed a bullish MACD crossover, while also gapping up ~9%.

In doing so, their share price also broke out above both the 10 & 50 Day Moving Averages.

With their RSI only being slightly overbought, there looks to be more momentum to come in the near-term to push ATCO higher.

The next resistance area they are targeting will be to break above the $15.99/share level.

Atlas Corp. ATCO Stock As A Long-Term Investment

Long-term investors may find ATCO stock’s valuation metrics appealing, with a P/E (ttm) of 23.7 & a P/B of 0.92.

Their Beta is 0.98, meaning that they move more or less in line with the broader markets.

ATCO experienced 17% Quarterly Revenue Growth Y-o-Y.

One area that may be of concern to investors is their balance sheet, where ATCO has Total Cash (mrq) of $257.6M & Total Debt (mrq) of $6.27B.

Atlas Corp.’s stock does offer a 3.54% dividend yield, however that should be viewed with caution as their current payout ratio is high at 86%.

Despite all of this, ATCO has ~71% of all outstanding shares held by institutional investors.

Atlas Corp. ATCO Stock As A Short-Term Trade Using Options

ATCO stock has options that traders can use to take advantage of near-term momentum, while hedging off broader market volatility.

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

The $15 calls are in-the-money & highly liquid, as are the $12.50 calls.

The $17.50 puts look appealing as well, but are not nearly as liquid, signaling that there is more bullish sentiment than bearish for ATCO in the near-term.

Tying It All Together

Overall, there look to be many interesting advantages to Atlas Corp.’s stock.

Investors will like their valuation metrics, and their dividend yield should it prove to be sustainable.

Traders will like their near-term bullish momentum that looks set to continue.

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

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

Cronos Group Inc. stock trades under the ticker CRON & has shown recent bullishness that traders & investors should take note of.

CRON stock closed at $6.71/share on 11/8/2021, after gapping up 25%+ on Monday.

Cronos Group Inc. CRON Stock’s Technical Performance Broken Down

CRON Stock Price: $6.71

10 Day Moving Average: $5.50

50 Day Moving Average: $5.77

200 Day Moving Average: $8.02

RSI: 69.8

MACD: -0.001

Yesterday, CRON stock completed a bullish MACD crossover, while gapping up over 25% on the day.

Their share price also jumped above the 10 & 50 Day Moving Averages, while trading on daily volume that was higher than average for the first time since June.

Given the nature of the steep jump yesterday, I expect there to be a shake-off period for their RSI to even out, as it jumped from slightly oversold to being almost completely overbought within a day.

With this in mind, there should be entry-points in the coming days for traders & investors to be able to get in & profit from.

The next price level of resistance to overcome will be the $6.72/share level, which they closed one cent below yesterday.

Cronos Group Inc. CRON Stock As A Long-Term Investment

Cronos Group Inc.’s stock is a cannabis stock, which investors may be interested in as a means of gaining exposure to the space in their portfolio.

CRON’s valuation metrics look fair, with a P/E (ttm) of 65.3 & a P/B of 1.22.

One area that stands out to investors is their sturdy 58.1% Quarterly Revenue Growth Y-o-Y.

CRON’s balance sheet looks appealing as well, with $1.1B in Total Cash (mrq) & Total Debt (mrq) of $7.54M.

With a Beta of 1.45, CRON stock will tend to be a bit jumpier than the broader market indexes, which is something that investors should be aware of.

They also do not offer a dividend, which may be off-putting to some investors, and may be in part to blame for their 17.6% % Institutional Investors.

Cronos Group Inc. CRON Stock As A Short-Term Trade Using Options

Short-term focused traders can take advantage of CRON stock’s recent momentum shift by using options.

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

The $6 & $6.50 call options look appealing being in & at-the-money.

The $6 calls are very liquid with 4,400+ contracts of open interest.

The $7 puts also look appealing for that time period, as the $7.50’s lack sufficient open interest & the $6.50’s will likely be out-of-the-money before expiration.

Tying It All Together

All-in-all, there looks to be many advantages to CRON stock in both the near & long-term.

Long-term focused investors will like CRON’s exposure to the cannabis industry, as well as their valuation metrics & balance sheet.

Short-term traders will like their current momentum, as well as the liquidity of their options market, which is signaling more bullish sentiment to come when comparing the open interest of calls:puts.

CRON stock is worth taking a closer look at to investors & traders alike.

*** I DO OWN COMMON SHARES OF CRON STOCK AS OF WRITING & PUBLISHING THIS ARTICLE ***

Starbucks Corp. stock trades under the ticker SBUX & has shown recent bullishness that traders & investors should research further.

SBUX stock closed at $116.91/share on Friday 11/5/2021.

Starbucks Corp. SBUX Stock’s Technicals Broken Down

SBUX Stock Price: $116.91

10 Day Moving Average: $112.53

50 Day Moving Average: $113.75

200 Day Moving Average: $111.96

RSI: 60.11

MACD: -0.077

SBUX completed a bullish MACD crossover yesterday, after trading on above average volume for the last few days.

They also gapped up 4%+, bullishly crossing over their 10 & 50 Day Moving Averages as well.

With an RSI that is only slightly overbought, there looks to be additional momentum in the near-term to continue pushing SBUX’s share price higher.

The next area of major resistance is the $120 level.

Starbucks Corp. SBUX Stock As A Long-Term Investment

Starbucks has been a longterm hold favorite for many investors.

Their P/E (ttm) is 33.03, and they do not have a positive P/B, which is to be expected as they operate a chain of restaurants that are focused on renting their space.

SBUX stock’s Beta is 0.83, meaning that it tends to move less aggressively than the broader market, which is another perk for investors focused on the long-term.

Starbuck’s balance sheet could look better though, with Total Cash (mrq) of $6.62B & Total Cash (mrq) of $23.61B.

They offer a dividend yield of 1.64%, which looks safe with a payout ratio of just over 50%.

SBUX also enjoys 70% of their share float being held by institutional investors.

Starbucks Corp. SBUX Stock As A Short-Term Trade Using Options

Short-term oriented traders can profit off of SBUX stock’s recent momentum by using options.

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

The $116, $117 & $118 calls all look liquid enough to trade & are either in, at or near being in the money by a matter of percentage points.

The $119 & $118 puts also look appealing as a hedge, although they have less open interest, meaning that traders see more near-term upside than downside for SBUX’s share price.

Tying It All Together

Overall, SBUX stock looks to be appealing in both the near-term & long-term.

Investors will like collecting a safe dividend from a stock that is less volatile than the broader market, with a fair valuation.

Traders will like their current momentum which looks poised to continue climbing in the near-term based on their technicals.

Starbuck’s Corp. stock is worth taking a closer look at, regardless of what your trading style & time frames are.

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

Elevate Credit, Inc. stock trades under the ticker ELVT & has show recent bullish signals that traders & investors should take note of.

ELVT stock closed at $3.92/share on 11/5/2021 & looks poised to continue climbing.

Elevate Credit Inc. ELVT Stock’s Technicals Broken Down

ELVT Stock Price: $3.92

10 Day Moving Average: $3.55

50 Day Moving Average: $3.62

200 Day Moving Average: $3.70

RSI: 60.6

MACD: -0.027

ELVT completed a bullish MACD crossover yesterday, on higher than average volume compared to the rest of the year, which is a bullish signal.

Additionally, the price broke out above & closed above the 10, 50 & 200 Day Moving Averages.

The $4.10 & $4.26 price levels are the next levels of resistance for traders to be targeting & ELVT’s share price continues to climb.

Elevate Credit Inc. ELVT Stock As A Long-Term Investment

Long-term oriented investors will like ELVT stock’s P/B of 0.81, however their P/E (ttm) is not positive, which investors will typically not be fond of.

ELVT’s Quarterly Revenue Growth Y-o-Y is not stellar, at -28% & their balance sheet is also looking questionable.

ELVT has Total Cash (mrq) of $105.8M & Total Debt (mrq) of $361.8M, which also may not be suitable to most investors’ portfolio strategies.

With no Dividend Yield & the above mentioned metrics, it comes as no surprise to see that only 53% of their share float is held by institutional investors.

However, some investors may find ELVT appropriate to their portfolio & risk strategies.

Elevate Credit Inc. ELVT Stock As A Short-Term Trade Using Options

Traders can catch ELVT’s current momentum while hedging against risk by trading options.

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

The $2.50 calls are in-the-money & the $5 may also be worth looking at if you think that they will break above the $4.26 level fast in order to make some additional profit.

Both have open interest of just below or over 1,000 contracts, so they are liquid enough to make quick plays with.

The $5 puts are the only liquid option that is reasonable as the $7.50’s show no open interest, and it is highly unlikely anyone will be writing those contracts at this point in time.

Tying It All Together

All-in-all, traders & investors may be interested in the gains that ELVT has to offer.

As an investment, their fundamentals are shaky, but they may fit in some investors’ strategies pending further research.

In the near-term, their current momentum looks healthy & set to continue climbing for a bit.

ELVT stock is worth taking a closer look at to see if it is right for your strategy.

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

AMC Entertainment Holdings Inc. has shown recent technical strength that traders may be interested in exploring further.

AMC stock closed at $40.79/share on 11/3/2021, with more bullish momentum to come.

AMC Entertainment Holdings Inc. AMC Stock’s Technicals Broken Down

AMC Stock Price: $40.79

10 Day Moving Average: $37.07

50 Day Moving Average: $40.79

200 Day Moving Average: $28.01

RSI: 56.9

MACD: -0.543

Yesterday, AMC stock completed a bullish MACD crossover, while the day’s high prices also went over the 50 Day Moving Average, although they settled for the day right on it.

There is a ~10% difference between the 10 & 50 Day Moving Averages, which will provide additional bullish momentum in the days to come.

The $44.20 level will be the next resistance test, which they should see in the coming days, as their RSI is still relatively neutral.

AMC Entertainment Holdings Inc. AMC Stock As A Long-Term Investment

AMC has recently been one of the meme stocks, that traders have been pumping for short-term gains.

As a long-term investment, they are pure speculation.

Their P/E (ttm) is negative & their P/B is 0.18 (which is low & may be the only appealing aspect to their stock).

AMC stock’s Quarterly Revenue Growth is 2,252.9%, which is only because of COVID lockdown measures being rolled back Y-o-Y.

AMC’s balance sheet is also unappealing with Total Cash (mrq) of $1.81B & Total Debt (mrq) of $11.08B.

Again, this is a purely speculative name.

AMC Entertainment Holdings Inc. AMC Stock As A Short-Term Trade Using Options

Traders can take advantage of AMC’s current momentum, while also protecting themselves from its speculative nature by trading AMC options

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

The $40 & $39 calls look appealing as they are already in-the-money & this is an erratic stock.

As a hedge, the $41 & $42 puts also look appealing in the near-term.

The Open Interest on the puts is far lower than on the calls, signaling that traders see this name powering higher in the near-term.

Tying It All Together

Overall, AMC stock is not suitable for investing in, unless you have picked up a discarded scratch ticket on the ground before & won $1,000+; then you may be lucky enough for it to work.

In the near-term, however, they do have momentum that can be taken advantage of for profits.

Always be careful when playing with a speculative name like AMC stock.

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