Good timing to go long again
|Contributor / Partner|
Strategy published on : 02/13/2018 | 17:53
Entry price : 42.53$
Target : 47.8$
Stop-loss : 39.9$
Potential : 12.39%
● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● In a short-term perspective, the company has interesting fundamentals.
● The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at USD 41.91 USD in weekly data.
● The close medium term support offers good timing for purchasing the stock.
● The group's high margin levels account for strong profits.
● Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● For several months, analysts have been revising their EPS estimates roughly upwards.
● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
● The tendency within the weekly time frame is positive above the technical support level at 41.91 USD
● Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.