I've been adding to my Alexion position since December 9, when I posted my previous idea on this stock. The wait is finally paying off, as the stock has surged higher in the past couple days. Alexion is getting unusually bullish call activity today, and the interest is more than justified at this forward P/E of less than 10 and PEG ratio of less than 1.
Alexion...
Airline stocks have had a lot of bullish options interest for the last month or so, thanks to their attractive valuations (less than 10 P/E!) and strong earnings growth. However, the stocks have been unable to break out due to high fuel prices. With Iran conflict cooling and oil prices falling, the JETS ETF is finally gaining some momentum this week. Individual...
Macy's looks pretty undervalued right now, with a current P/E of 5.33, a forward P/E of 6.28, and a dividend yield near 10%. The stock is getting unusual bullish call option activity today, with double the normal volume, and it looks to be trying to breakout above previous resistance. The risk here is that the company's earnings are currently expected to decline...
