With a hike in demand on the horizon, it has more upside.
Even without the pandemic, it was a challenging bet on an unlikely recovery. But given the economic damage, it’s hard to have much hope.
It’s my “Option Trade of the Day”.
Our target potential upside is almost 17% to 33% in the next 3-6 months.
Here are today’s upgrades and downgrades: Procter & Gamble, Alphabet, Nike, Medtronic, Kimberly-Clark, Airbus and more.
Of the 25 most trusted brands in a recent report, these are the ones with whom I’d invest.
Its pullback has created a good buying opportunity.
Avoid the roller coaster ride of volatility and walk away knowing that you beat the market.
When fears ease, we’ll see if the picture gets brighter for this crisis-proof business.
Cheap valuations, oversold technicals and sky high implied volatility set up ideally for a trade.