Let's analyze the trade potential of Lamb Weston Holdings Inc. (LW) and Expeditors International of Washington, Inc. (EXPD) by examining key financial metrics and market performance to determine reasons for potentially going long on LW and short on EXPD.
Forward P/E Ratio: LW's forward P/E of 13.39 is lower than EXPD’s forward P/E of 22.92, suggesting that LW...
As of April 2024, market seem to be moving forward for a correction after the bullish uptrend for a couple of months.
Needless to say, if you are holding on to some stocks, you are likely to experience some drawbacks at this moment of time. Yes, I am currently holding a couples such as NASDAQ:AMZN , NASDAQ:GOOG , NASDAQ:ADBE , NYSE:UNH etc.
NASDAQ:ADBE ...
If you haven`t sold LW before the previous earnings:
Then analyzing the options chain and the chart patterns of LW Lamb Weston Holdings prior to the earnings report this week,
I would consider purchasing the 75usd strike price Puts with
an expiration date of 2024-10-18,
for a premium of approximately $0.75.
If these options prove to be profitable prior to the...
The Company is having good second quarter with EPS up 17 cent YoY and revenue 450m up YoY. The sector is performing good too. Expecting price to go high.
If you haven`t sold LW here:
Then analyzing the options chain and the chart patterns of LW Lamb Weston Holdings prior to the earnings report this week,
I would consider purchasing the 90usd strike price Puts with
an expiration date of 2023-10-20,
for a premium of approximately $2.02.
If these options prove to be profitable prior to the earnings release, I would...
AT A GLANCE
Simplistic Analysis: reversion up to the mean.
Trade Type: Touch & Go don't wait for a close.
Research Depth: technical glance only.
Earnings Anticipations: positive surprises for EPS & Revenues.
Surprise-confidence on a scale of 0-5: 3.5
LW is getting very oversold on the Daily & Weekly Time frames.
Investor sentiment on this stocks is terrible which makes for a potential contrarian opportunity.
Coming into Major pivot support in an oversold fashion may provide an opportunity.
LW performed well in the first inflation cycle 2021/2022.
As the dollar is testing a breakout on inflation fears, we may see some capital rotate into different sectors.
Last dollar bull cycle LW held up well in price. We are reaching very oversold levels and coming into big technical support.
Accumulation at these levels or lower provides good R/R
Entry: with price above 115.31
Volume: with volume greater than 2.56M
Target: 127.21 area
Stop: Depending on your risk tolerance; Based on an entry of 115.31, 111.36 gets you 3/1 Reward to Risk Ratio.
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while...
Re-entry on LW , its showing a bit of stalling here who knows what will happen , not doing anything wrong at this point , lets see if it can follow-through in todays signal . Institutions are still accumulation , EPS and sales trend is awesome , no reason why we cant keep it up based on stats.
It's tator time again y'all
And I have an inside rumor from " my guy " , Mr Legendary Investor , who we all need to listen to !
He says LW is using a secret proprietary patented tech to recycle waste potatoes and use them to further fuel the stock move up . I guess that recycled waste potatoes are essentially converted to energy through a decomposition...
Looking at the LW Lamb Weston Holdings options chain ahead of earnings , I would buy the $100 strike price Puts with
2023-5-19 expiration date for about
$2.30 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
So , personally I like LW as one of the leading names for my style at this time , It has it all , earnings , cool products that are fun ( guess I am getting old if I think potatoes are fun eh lol) , institutional support and it has great RS with TT's qualifications ( those being RS , open 2/2 gap , and overall tightness) this seems to be some traits that stand out...
I am short on LW as there pause on the uptrend as the last 5 daily candles are below 50SMA - which indicates I to start a new trend downside. I will think if buy at price 93s
