by Ian Harvey
March 02, 2018
OUT WHILST THE GOING IS GOOD!
GREED CAN BE THE UNDOING OF A GOOD PROFIT!
Earnings Predictions Update
Here is an update of Earnings Trades for the Week Beginning February 26, 2018. These options trade were presented in the article “Earnings Predictions for the Week Beginning February 26, 2018”; which has produced excellent potential profits of 451% before the week has ended! And more to come!
YOU NEED TO BE IN TO PROFIT!
The Trades to Consider……
“EARNINGS PREDICTIONS UPDATE”
|February 26, 2018||PANW MARCH 16 2018 170.000 CALL||P.P: 87%%|
|February 27, 2018||M MARCH 16 2018 25.000 PUT||-75%|
|February 28, 2018||LOW MARCH 16 2018 95.000 PUT||P.P: 332%|
|March 01, 2018||AMBA MARCH 16 2018 47.500 PUT||P.P: 107%|
Palo Alto Networks Inc. (NYSE:PANW) – reported better-than-expected results for the second quarter of fiscal 2018. Palo Alto's revenues of $542.4 million jumped 28% year over year and outpaced the Consensus Estimate of $525.4 million. Non-GAAP earnings of 86 cents reflected year-over-year growth of 36.5%.
Also, Palo Alto raised its outlook for fiscal 2018. The company now expects revenues in the range of $2.190-$2.220 billion, an improvement of 24-26% year over year compared with $2.145-$2.185 billion, projected earlier.
Macy's, Inc. (NYSE:M) was not so kind to our trade as it was expected to miss earnings. Macy's has made a nice turnaround coming in with fourth-quarter sales at $8.67 billion, an increase of 18%, compared to sales of $8.52 billion last year. Macy's stock comparable stores sales were up 1.4%. For the year, M stock sales were $24.84 billion, down 3.7% from sales of $25.78 billion. Comparable sales fell 1.9% in fiscal 2017.
Lowe's Companies, Inc. (NYSE:LOW) - reported earnings per share of 74 cents for the fourth quarter of the year. This is down from its earnings per share of 86 cents from the same time last year. It also was a blow to LOW stock by coming in well below Wall Street's earnings per share estimate of 87 cents for the quarter.
Net income reported by Lowe's Companies, Inc. for the fourth quarter of 2017 was $554 million. This is a drop from its net income of $663 million that was reported in its fourth quarter of 2016.
The biggest problem for Lowe's remains that it hasn't been able to match the stronger growth figures that its primary rival in the big-box home improvement retail space has managed to put up. Until the company figures out how to position itself against those challenges, Lowe's could continue to struggle.
Ambarella Inc (NASDAQ:AMBA) – a nice trade for the astute trader. Ambarella topped fourth-quarter and fiscal 2018 financial results, posting adjusted earnings of $0.45 per share and revenues of $70.58 million.
However, from the time the trade was executed the option trade had more than doubled in value – a good time to exit the trade before an unknown earnings report.
So, for those traders who managed to execute these trades recommended for consideration by Stock Options Made Easy; a nice tidy potential profit of 451% within a short period of time.
Foot Locker, Inc. (NYSE:FL) – our last prediction for the week – has just reported and is now down over 9.0%, which will definitely provide a nice profit for our “PUT TRADE”. More details later….ACTION TO TAKE…….
"YOU NEED TO BE IN IT TO WIN IT!"
Now is the time to decide if it is worth continuing to hold this trade or exit on excellent profits. It is nearly always prudent to exit a trade before an unknown incident occurs that could rattle a sound profit, and this is a fine example of such a situation.
As you would have by now realized, many of our trades are based on earnings predictions. This is not to say all trades recommended to members follow this pattern, but during earnings season this strategy has been very profitable.
Our approach is to predict whether a company will beat or miss estimates, whether the stock will appreciate or depreciate as a result and what strategies investors and traders can use. This type of prediction is based on thorough investigation and fundamentally based research, and the results have been very exceptional.
Our proven track record says it all!!
Members of Stock Options Made Easy are provided with an extensive reason as to which direction a stock will move after earnings, followed up by a recommended options trade.
What To Do Now…….
If you interested in being part of this profitable action just click here……