Conns Inc(CONN 20.82) is an electronics and furniture retailer and is growing its store network at a blistering pace.
Positives for CONN's stock price :
1. On February 4, Conn's Inc. (CONN) will replace Electro Scientific Industries Inc. (ESIO) in the S&P SmallCap 600.
2. CONN fell 48% lower over the last six months, including a 40% drop in the last quarter alone and is overdone.
3. CONN consistently beat Wall Street's earnings expectations.
4. Bargain valuation: Forward PE 6.82, PEG 0.44, Price/Sale 0.39, Price/Book 1.02, all are good value indicators.
5. High short squeeze possibility: short as percentage of float 32.18%, only 12.5M shares float.
6. Bullish Double Bottom chart formation
7. Upside potential to $25.
8. Analysts consensus 1 year price target is 36.
CONN gapped up with above average volume and is generating good upside momentum. It is facing resistance at its 50 day moving average 21.64. Once this level is broken, next resistance is around 25.
Support is now at its recent breakout price 20.7 then 20.
Conns Inc(CONN 20.82)是一家电子和家具零售商,正在以惊人的速度发展其商店网络。
对CONN股票价格有利的因素:
1. 2月4日,康恩公司(CONN)将进入标准普尔SmallCap 600取代Electro Scientific Industries Inc.(ESIO)。
2. CONN在过去六个月下跌了48%,其中包括仅在上个季度下跌40%,下跌过度。
3. CONN一直超越华尔街的盈利预期。
4.股价估值:前瞻PE 6.82,PEG 0.44,价格/销售0.39,价格/账面1.02, 都是有价值的指标。
5.卖空被挤压的可能性高:卖空股对流通股百分比为32.18%,流通股只有12.5M股。
6.看涨双底图形已经造成。
7.上行潜力至25美元。
8.分析师普遍认为1年目标价格为36。
CONN今天以高于平均成交量跳空大升,产生良好的上行动力。它在50日均线21.64面临阻力。一旦这个水平被打破,下一个阻力位在25左右。现在的支撑位是刚突破的20.7然后是20。
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Wednesday, January 30, 2019
A Small Stock That's Moving 一只正在上升的小型股
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U.C. Berkeley graduated, former electronic/computer engineer turned investment advisor / analyst. In the market 42 years with focus in market timing, learned from experience to trust charts,combine with trend, valuation, news and investors sentiment in making trading decisions,, knowing anything can happen to the market so very flexible to trade both sides of the market. 1992 CNBC/USA Today Investment Challenge professional options division champ with 3 month return of 1125%. In real life trading accomplished 9600% return by trading TZA options in the course of 3 months, doubled account value in 3 months by trading 3X ETFs. Now retired and enjoy trading stock and options daily. On going partnership with Sing Tao Daily and Sing Tao Radios in offering advanced stock and options trading classes semi-annually.
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伯克利加州大学毕业,前电子/计算机工程师转为财务顾问/股市分析师。 在市场42年,专注于参与市场时机。从经验中学到信任图表,结合趋势、估值、新闻和投资者情绪做出交易决策。知道任何事情都可能发生在市场上,因此非常灵活地参与买涨及做空,参与市场的两个方向。 1992年CNBC /今日美国日报投资挑战赛专业期权组冠军,3个月回报率为1125%。 在现实生活中,通过在3个月内交易TZA期权获得9600%的回报,通过交易3X ETF在3个月内使账户价值翻倍。 现在退休,享受每日交易股票和期权。 与星岛日报和星岛电台合作,每半年提供一次深入的股票和期权交易课程。
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