With 3rd quarter earnings of $3.80 per share exceeding analysts estimates, my view is that this stock has an upside target of $49 to $52 over the next 3 months. If JXN continues to post good earnings, strong cashflows & higher than estimated revenues, I believe the metrics of this stock support breaking out of the existing channel at some point.
I think it is a great value stock worth taking a look at.
Not investment advice, just my observations.
Trade closed: target reached
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Anything above this mark in the short term is now bonus $$ in my opinion