A support level that should be taken advantage of
Strategy published on : 01/10/2018 | 14:40
Entry price : 212.36$
Target : 235$
Stop-loss : 202.5$
Potential : 10.66%
● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● The company has solid fundamentals for a short-term investment strategy.
● The close medium term support offers good timing for purchasing the stock.
● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
● Predictions on business development from analysts polled by Thomson-Reuters are tight. This results from either a good visibility into core activities or accurate earnings releases.
● 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.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
● The company's enterprise value to sales, at 4.61 times its current sales, is high.
● The firm trades with high earnings multiples: 30.51 times its 2018 earnings per share.