649bruno

ACRE: Ares Real Estate, Strong Earnings & Trend, High Dividend

Long
NYSE:ACRE   Ares Commercial Real Estate Corporation
6
Strong earnings, high dividend yield, and strong uptrend, a combination that is hard to beat.
Ares Commercial Real Estate Corporation is a specialty finance company. The Company is focused on directly originating, managing and servicing a portfolio of commercial real estate (CRE)-debt-related investments for its own account. It operates in two segments: principal lending and mortgage banking. Its target investments include senior loans, bridge loans, subordinated debt, preferred equity and other CRE-investments.
Earnings: On 8/4/2016, ACRE reported 2 quarter 2016 non-GAAP earnings of $0.31 per share. This result beat the $0.27 consensus of the 8 analysts covering the company.
The dividend yield is 8.28%, or $.26 per share.
Let's look at my TRADE-MAP approach:
TRADE = 1. T : Time and space (Fractals); 2. R : Repeating Cycles; 3. A : Advancing Trend; 4. D : Declining Trend; 5. E : Energy in Phase Forces.
.....MAP = 6. M : Momentum and Velocity; 7. A : Analysis of Structure; 8. P : Price Performance.
When I mention "Don's Top Ten Technicals", I use the elements of the "TRADE-MAP" approach:
1. The Ichimoku Cloud is rising as well as the 89 day moving average . 2. Prices have risen FAR above the cloud. 3. Prices are trading above the thick red Ichimoku Cloud Conversion line.
4. The thick red conversion line is also rising. 5. The thick black line is the Ki jun-Sen baseline of the Ichimoku Cloud , which is rising and above the cloud.
6. The indicator on the top of the page is RSI / Stochastic , and this is strong, (consolidating, heading to oversold). 7. The top middle indicator is vortex and it is neutral at the moment (red over green, consolidating). 8. The Top (bar-type) indicator measures the "phase energy" of the stock , and this is STRONG. It has been mostly ABOVE THE ZERO LINE since February, indicating buying pressure. 9. The green fractal arrows are up (not shown).
10. Look to the far right on the chart, around $12.50. You will note a yellowish line on top (lips), with black dots below (teeth), and a blue line (jaw) below the black dots. Now, all three are closing. This is where I ask you to use your imagination and envision these three items as the "closing jaws of a sleeping alligator". When awakened, I believe the trend will resume its upward march. This is a very solid stock with a strong uptrend.

My advice is to accumulate on weakness. Remember: The trend is your friend.

Good luck to you. Don.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.