Category: Extreme Value

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 ***

Globant SA stock is in the software industry & has shown recent bullishness that traders & investors may be interested in.

GLOB stock closed at $302.85/share on 10/15/2021.

Globant SA GLOB Stock’s Technical Performance Broken Down

GLOB Stock Price: $302.85

10 Day Moving-Average: $280.37

50 Day Moving-Average: $298.51

200 Day Moving-Average: $238.30

RSI: 56.8

MACD: -4.345

On Friday, GLOB completed a bullish MACD crossover, while also breaking out above its 50 Day Moving-Average.

This comes as a 4th straight day of gains, with additional momentum on the way, as the 10 Day MA is ~9% less than the 50 Day MA.

While their RSI is tending towards overbought at ~57, there is still room to continue climbing higher in the near term.

The $319.75-mark is where GLOB will be looking to test next as it establishes its new range.

Globant SA GLOB Stock As A Long-Term Investment

Investors may be interested in GLOB stock, as it’s balance sheet looks appealing.

With Total Cash (mrq) of $465.1M & Total Debt (mrq) of $94.44M, GLOB’s financials look appealing for long-term holding.

GLOB is a technology stock, so their rich P/E (ttm) of 150.53 & P/B of 8.99 are not of great concern to many investors, as they seek to profit of off Globant’s long-term profit growth.

Globant SA’s Quarterly Revenue Growth Y-o-Y is an impressive 67% with 92% Institutional Investors.

GLOB stock does not offer a dividend yield, which may be a turn off to some investors.

Globant SA GLOB Stock As A Short-Term Trade Using Options

Short-term focused traders may wish to take advantage of GLOB stock’s current momentum by using options.

This also enables them to fend off broader market volatility, which will be important in Q4 2021.

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

The $300 & $290 calls are already in-the-money, which should yield profits in the near-term as the price begins to establish a new range.

For puts, the $310 & $320’s are in-the-money, and the $300’s could join them if broader market volatility persists.

Tying It All Together

At the end of the day, GLOB stock presents many appealing opportunities for investors & traders alike.

Investors may be interested in their balance sheet & revenue growth, as well as the exposure to the software & information technology space.

Short-term traders should like GLOB’s current momentum, as it looks set to continue climbing in the near-term, despite the broader market being more volatile.

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

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

Albemarle Corp. stock trades under the ticker ALB & has shown recent bullishness that traders & investors should take a closer look at.

ALB stock closed at $231.33/share on 10/14/2021, and is part of the specialty chemicals industry.

Albemarle Corp. ALB Stock’s Technicals Broken Down

ALB Stock Price: $231.33

10 Day Moving-Average: $220.22

50 Day Moving-Average: $227.34

200 Day Moving-Average: $180.06

RSI: 58.5

MACD: -0.906

After completing a bullish MACD crossover yesterday, ALB stock looks to have additional momentum to drive their share price higher.

ALB also bullishly broke out over its 10 & 50 Day Moving-Averages, while still maintaining a relatively neutral RSI of 58.5.

Their next major test will be around the $236 level, which will be made easier as the 10 Day MA is ~3% away from crossing the 50 Day MA.

Albemarle Corp. ALB Stock As A Long-Term Investment

Investors may be interested in ALB stock’s valuation, with a P/E (ttm) of 34.4 & a P/B of 4.1.

With a Beta of 1.59, ALB stock is a bit more volatile than the rest of the broader markets.

ALB offers a dividend yield of 0.69%, which looks safe given their low payout ratio of 24.9%.

ALB stock’s Quarterly Revenue Growth (Y-o-Y) was very modest at just 1.03%.

Their Balance Sheet is an area of concern, with Total Cash (mrq) of $823.6M & Total Debt (mrq) of $2.22B.

Albemarle Corp. ALB Stock As A Short-Term Trade Using Options

Short-term oriented traders can use options to take advantage of ALB stock’s bullish momentum, while hedging against broader market volatility.

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

The calls with the $220 & $230 strike prices look appealing & are in-the-money, although their open interest levels are still <1,000, which some traders consider to be too illiquid.

The $240 & $230 puts also look interesting, but have even less open interest, showing that traders still have more bullish than bearish sentiment for ALB stock in the near-term.

Tying It All Together

All-in-all, there look to be many advantages for investors & traders when it comes to Albemarle Corp.’s stock.

Investors may like their safe, yet small dividend yield, as well as their valuation.

Traders will like their current bullish momentum, as well as the sentiment behind their current calls:puts ratio.

ALB stock is worth taking a closer look at, regardless of your trading style & timeframes.

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

Accenture Ltd. stock closed at $330.18/share on 10/13/2021 & is a leader in the technology consulting industry.

ACN stock has shown recent bullishness, which traders & investors alike should be interested in.

Accenture Ltd. ACN Stock’s Technicals Broken Down

ACN Stock Price: $330.18

10 Day Moving-Average: $324.17

50 Day Moving-Average: $330.01

200 Day Moving-Average: $289.95

RSI: 52

MACD: -1.61

ACN completed a bullish MACD crossover yesterday, while also bullishly crossing its 50 Day Moving-Average.

With ~2% between the 10 Day & 50 Day MA’s, there is added momentum coming to continue pushing ACN stock higher.

As their RSI is still neutral, there looks to be additional strength to retest the $332-333 range.

Accenture Ltd. ACN Stock As A Long-Term Investment

Investors may find ACN’s valuation modest for a technology consultancy, with a P/E (ttm) of 35.8 & a P/B of 10.6.

ACN’s Beta is relatively calm at 1.12 & they had 23.8% Quarterly Revenue Growth Y-o-Y.

Accenture Ltd.’ts balance sheet also looks appealing, with $8.17B in Total Cash (mrq) & $3.51B in Total Debt (mrq).

ACN stock also offers a dividend yield of 1.1%, with a safe Payout Ratio of 38.4%.

This is part of why their % Institutional Investors is at ~73%.

Accenture Ltd. ACN Stock As A Short-Term Trade Using Options

Traders can take advantage of ACN’s current bullish momentum while hedging against broader market volatility using options.

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

The $330 & $335 call options look appealing & have enough Open Interest to be able to trade in & out of as the expiration date approaches.

The $340 & $345 puts also look interesting, although they are far less liquid; a sign that the broader market has bullish sentiment for Accenture Ltd.’s stock.

Tying It All Together

Overall, ACN stock has many advantages that investors & traders will each like.

Investors will be pleased with their valuation, strength of balance sheet & dividend yield.

Traders will like their current bullish momentum, as well as the liquidity of their options contracts.

No matter your trading style & timeframes, ACN stock is worth taking a closer look at.

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

CubeSmart stock closed at $50.58/share on 10/12/2021, and has shown bullish signals that traders & investors should take a closer look at.

CUBE stock is a specialty REIT, focused on providing self-storage solutions for their customers.

CubeSmart CUBE Stock’s Technicals Broken Down

CUBE Stock Price: $50.58

10 Day Moving-Average: $48.97

50 Day Moving-Average: $50.88

200 Day Moving-Average: $42.79

RSI: 53.8

MACD: -0.59

Yesterday, CUBE stock completed a bullish MACD crossover, while also breaking out above its 10 Day Moving-Average.

CUBE’s RSI is still neutral, showing more room to breakout to the upside before becoming overbought, which will benefit their share price as they establish a new range.

With 0.5% between the price & the 50 Day MA & ~4% separating the 10 Day from the 50 Day MA, CubeSmart’s stock has momentum to continue climbing higher in the near-term.

CubeSmart CUBE Stock As A Long-Term Investment

Investors may be attracted to CUBE stock for it’s dividend yield at 2.75%.

However, their Payout Ratio may put this in jeopardy in the long run, as it is currently 148% (per Yahoo Finance).

CUBE has Total Cash (mrq) of $3.99M & Total Debt (mrq) of $2.35B, and a P/E (ttm) of ~53.

CUBE’s P/B is 5.36, which looks a bit rich, although they do have 22% Quarterly Revenue Growth Y-o-Y.

Despite this, they enjoy 98% % Institutional Investors, which some investors may take as a long-term sign of confidence.

CubeSmart CUBE Stock As A Short-Term Trade Using Options

Short-term oriented traders may wish to use options to take advantage of CUBE’s recent bullish momentum, while also fending off broader market volatility.

I am looking at the 10/15 expiration contracts, primarily at the $45 & $50 calls.

As a hedge, the $55 puts also look appealing, and given their open interest vs. the calls it appears that there is still much more bullish than bearish sentiment surrounding CUBE stock.

Tying It All Together

Both investors & traders may find CUBE stock to be a great addition to their portfolio.

Long-term investors may like their growth, as well as their dividend yield if it proves to be sustainable over time.

Short-term traders will like their current momentum, especially in turbulent markets where there are not many great looking opportunities for profits.

Overall, investors & traders should take a closer look at CUBE stock.

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

Alphabet Inc. stock closed at $2,778.28/share on 10/11/2021, after displaying recent bullishness that traders & investors may want to take a closer look at.

GOOGL stock is a member of the internet industry, and owns the largest & second largest search engines in the world (Google & YouTube).

Alphabet Inc. GOOGL Stock’s Technicals Broken Down

GOOGL Stock Price: $2,778.28

10 Day Moving-Average: $2,731.15

50 Day Moving-Average: $2,788.25

200 Day Moving-Average: $2,348.65

RSI: 50.5

MACD: -11.259

Yesterday, GOOGL completed a bullish MACD crossover, while crossing their 10 Day Moving Average bullishly 3 days prior.

With a neutral RSI, Alphabet Inc. looks poised to test their 50 Day MA again, after crossing it, but not closing above it yesterday.

Their next test will be at $2,801, when they will attempt to bridge the gap down that took place back in September.

Alphabet Inc. GOOGL Stock As A Long-Term Investment

Long-term investors will find many things that they like about Alphabet Inc.’s stock, outside of the speculation behind their technologies & future products.

GOOGL’s P/E (ttm) is 29.5 & their P/B is 7.64; with a neutral Beta of 1.03.

They have Quarterly Revenue Growth (Y-o-Y) of 61.6% & 80% of shares are held by Institutional Investors.

While GOOGL does not offer a dividend yield, they have Total Cash (mrq) of $135.86B & Total Debt (mrq) of $28.1B.

Alphabet Inc. GOOGL Stock As A Short-Term Trade Using Options

Traders can take advantage of GOOGL stock’s current short-term momentum, while avoiding broader market volatility by using options.

I am looking at the in-the-money $2,790 & $2,785 strike price calls with the 10/15 expiration.

For puts, the $2,800 contracts have good open interest & are in-the-money, and the $2,805 puts also look appealing, although less liquid.

Tying It All Together

Overall, GOOGL stock looks appealing to both traders & investors alike.

For a technology company, their valuation is very fair, and their balance sheet figures look much better than other stocks.

In the near-term, their current momentum looks set to keep them climbing higher, although broader volatility as well as earnings calls beginning this week may hinder that growth.

This makes it even more important to have proper hedges established in the near-term.

Traders & investors alike should take a closer look at Alphabet Inc. stock.

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

eBay Inc. stock trades under the ticker EBAY & is a member of the specialty consumer services industry.

EBAY stock closed at $75.05/share on 10/8/2021, after showing bullish signals & momentum that are worth taking a closer look at.

eBay Inc. EBAY Stock’s Technicals Broken Down

EBAY Stock Price: $75.05

10 Day Moving-Average: $71.37

50 Day Moving-Average: $72.16

200 Day Moving-Average: $63.78

RSI: 59.4

MACD: -0.17

After completing a bullish MACD crossover on Friday, EBAY stock looks ready to break through the $75.11-mark & begin testing the $76.65-range.

There looks to be added momentum coming from the 10 Day Moving Average approaching the 50 Day MA bullishly, with only ~1% between the two MA’s.

Their volume recently has been below average for the year, which is expected given the broader market volatility & uncertainty.

eBay Inc. EBAY Stock As A Long-Term Investment

Investors may find EBAY’s valuation appealing for a technology company, with a P/E (ttm) of 21.33.

EBAY’s P/B is 3.49, with 14.02% Quarterly Revenue Growth Y-o-Y.

Investors will also like EBAY’s balance sheet, with Total Cash (mrq) of $17.22B & Total Debt (mrq) of $9.35B & a Total Debt/Equity (mrq) of 71.8.

EBAY stock has 94% % Institutional Investors, which some investors like as a sign of confidence that other large investors are owners of the name.

eBay Inc. stock also offers a dividend yield of 0.92%, with a safe payout ratio of 20.7%.

eBay Inc. EBAY Stock As A Short-Term Trade Using Options

Traders can use options to take advantage of EBAY’s upward momentum, while hedging off risks associated with broader market volatility.

I am looking at the 10/15 expiration dated options.

The $74 & $75 calls look appealing, and have adequate open interest for selling them by the end of the week upon expiration.

The $75 & $76 puts also look appealing as a means of hedging against wider market volatility, while still making some profits on EBAY’s performance.

Tying It All Together

Overall, there are numerous advantages in EBAY stock for traders of all styles & time frames.

Long-term investors may like EBAY’s valuation, debt & cash levels, as well as their dividend yield.

Short-term traders will like their current momentum, as well as the liquidity on their options contracts.

Traders & investors should look to take a deeper dive into eBay Inc.’s stock, regardless of their trading strategy is.

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

Fortinet Inc. stock is a cyber security & software company that has shown recent bullish behavior in the market.

Trading under the ticker FTNT, Fortinet Inc. closed at $309.62/share on 10/7/2021.

Fortinet Inc. FTNT Stock’s Technicals Broken Down

FTNT Stock Price: $309.62

10 Day Moving-Average: $297.80

50 Day Moving-Average: $301.80

200 Day Moving-Average: $222.48

RSI: 56.6

MACD: -0.33

Yesterday, FTNT stock completed a bullish MACD crossover, while also breaking above its 10 & 50 Day Moving Averages.

FTNT has additional upside momentum that comes from the 10 Day MA being ~2% below the 50 Day MA, still moving upwards.

With an RSI in the mid 50’s, there is still plenty of room to run, while establishing a new price range for Fortinet Inc.’s stock.

FTNT’s volume has been higher than average for the year over the last 3-4 weeks as well, which adds an additional sign of strength to come.

FTNT now tests the $310.49 level, before going to to try to break out beyond $321.90-322.

Fortinet Inc. FTNT Stock As A Long-Term Investment

Investors may be very interested in FTNT’s balance sheet, where they have Total Cash (mrq) of $3.11B & Total Debt (mrq) of $1.05B.

They also have a ~72% % Institutional Ownership, which some investors take as a sign of strength.

FTNT’s P/E (ttm) is 96.61, with a P/B of 46.42.

Fortinet Inc.’s beta is 1.14, meaning that they are slightly more volatile than the broader market, but tend to move in-line with other stocks.

FTNT stock has 29.7% Quarterly Revenue Growth Y-o-Y, another bullish signal to long-term oriented investors.

Fortinet Inc. FTNT Stock As A Short-Term Trade Opportunity Using Options

Fortinet Inc. stock offers options that traders can use to ward off broader market volatility’s impact on their trade.

I am looking at the contracts that expire on 10/15.

The $310 & $300 calls look appealing being already in-the-money, with the $320’s looking interesting at the following expiration date (11/19).

For puts, the $320 & $330’s look good, although relatively illiquid with a low Open Interest, another sign of near-term bullish sentiment for FTNT stock.

Tying It All Together

All-in-all, there are many advantages in the near & long-terms that traders & investors can take advantage of with FTNT stock.

Fortinet’s balance sheet looks appealing for a software company, along with their quarterly growth numbers.

In the near-term, they have bullish technical signals pushing them higher on momentum, and their options also signal bullish sentiment with the ratio of open interest on in-the-money calls vs. puts.

Traders & investors alike should take a closer look at FTNT stock to see if it fits their system & risk appetite.

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