Vince

APT bouncing

Long
AMEX:APT   ALPHA PRO TECH
I usually trade options but wanted to take a small position here. We have APT with a nice PE ratio of 14 and great earnings . The ROE is 34 which si excellent. The risk is that they are tied to COVID in their sales, but sounds like their other product lines are not doing bad. Since they have sold off and are at a decent support level with a bounce along with the MACD crossing I like this here. Long term earnings is the key to great stocks and they have very nice earnings growth, it may continue on, but with a vaccine it may be an issue so I have set a stop around the $11 level and for a 2:1 or better we need it to go to 20 or so. I will keep an eye on this one and continue to research it, but it is great for people with less money in their accounts.

Comments

I saw this today too and had the exact same thoughts. I will be taking a small position on it also.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out