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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Crossy who wrote (6688)3/28/1998 11:26:00 AM
From: Jenna  Read Replies (2) | Respond to of 120523
 
Crossy, thanks.. I tend to agree. At this point, I do see WAG as a safer play but I'll be watching option activity on both companies on Monday. I'm still in RAD with a 7/16 profit going into Monday. WAG tended to hold its own on Friday, whereas RAD fell apart. But then RAD had a pretty good 'pop' on Thursday. If RAD shows no upward movment early in trading open, and WAG does, I will get into WAG. Crossy, another point I wanted to clarify for you since you are 'newish' to our thread. RAD and WAG are both "earnings plays" so the sector being out of favor has a more limited effect than usual. If RAD or WAG were to beat estimates by a penny or two, they should experience a stock increase in the 1-2 point range(at least they have in the past 3 quarters).