There aren't a lot of stocks out there I'd be comfortable holding thru a 2nd or 3rd wave of a pandemic. This one looks promising. Looking for a bounce off of last weeks lows. There's a short term on-balance volume price action divergence. Taco Bell/Pizza Hut/KFC are all doing well enough while other food venues are being forced to shut down. The 2% dividend is as...
The brand owns: KFC, Pizza Hut, Taco Bell, The Habit Burger Grill and Wing Street worldwide.
Long term analysis - Market was bullish before the Virus and it changes quickly to accommodate the virus/crisis requests, so it should keep going upward - Bullish long term
Short Term I would go Bullish - same direction of the trend, but there is an Option B...
YUM BRANDS Trading Plan
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This morning we were sent an article from a Wall Street friend dated December 27, 2019, approx. 4 weeks ago.
Here's the link...
Wendy's is in an uptrend moving into earnings.
YUM Brands, with a market cap of over $30 Billion, could buy Wendy's without...
Yum brands overall strong fundamentals with company. Shifting their focus to mergers & acquisitions setting themselves up for success in 2020 and on.
RSI is slightly oversold.
Bollinger bands indicate a short term reversal after dipping below southern band days ago.
Long term trend line indicating the historical level of support and trend is still intact....
Very tight consolidation from prior earnings till now in anticipation of EOY earnings. Implied move this week is right over 5%. Might never be able to be played out due to earnings this Wednesday, but looks to be a decent earnings strangle as a good R:R play. 12/20 exps good for both plays as shown. Can wait for earnings outcome to play safer if possible. NYSE:CPB
Of the 24 analysts that follow Yum! Brands (YUM), 41.7% have given the stock “buy” ratings, while 54.2% have given it “holds,” and 4.2% have given it “sells.” On average, analysts have set a price target of $95.05 on the stock, representing a potential return of 2.6% from its January 29 closing price of $92.67.
Since the beginning of...