A number of notable stocks report earnings next week. Here are the ones we’re watching: Broadcom, Canopy Growth, Lululemon and more.
Upgrades and Downgrades for Friday, 5/28
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•Here are today’s upgrades and downgrades: Apple, Kansas City Southern, South Jersey Industries, Canadian National, Petrobras, ABB, U.S. Silica and more.
Trading Bullish Cleveland-Cliffs (NYSE: CLF) Targets a 100% Return in Seven Weeks
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•The underlying stock just dipped to the lower rail of a positive trend channel and the oversold stochastic indicators made a bullish crossover last night.
Peloton Interactive (NASDAQ: PTON) Finally Broke Out of its Downtrend
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•With multiple bullish indicators, it looks poised for a surge higher.
Pro Traders are Betting MILLIONS on These Stocks… Unusual Options Activity
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•We’ve scanned the market for unusual options activity and identified some of the most interesting mega trades. “Smart Money” traders are betting heavily on Virgin Galactic (SPCE), Roblox (RBLX), Ford (F) and more.
Upgrades and Downgrades for Thursday, 5/27
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•Here are today’s upgrades and downgrades: Nvidia, Chipotle, Intuit, Fujitsu, Ford, UBS, Occidental Petroleum and more.
Bentley Systems (NASDAQ: BSY) is a Buy Right Now
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•Depending on your entry price, the target potential upside is 5% to 20% in the next 3-5 months.
Caution: Peloton Interactive (NASDAQ: PTON) Looks Ready to Move Lower
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•In a downtrend since January, its chart is too clear to ignore.
How to Sell a Call Option on Visa (V) for High Income
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•We’re targeting annualized yields of 19.3% to 24.4%.
Upgrades and Downgrades for Wednesday, 5/26
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•Here are today’s upgrades and downgrades: AMC Entertainment, Oneok, Canadian National, Magellan Midstream, Crown Holdings, Johnson Controls, Danone and more.