In Tuesday’s Blitz Daily with Lance Ippolito, we take a look at oil and gas company Southwestern Energy after shares rallied after its recent stock upgrade.
Regional natural gas producer Southwestern Energy earned an upgrade from analysts at Bank of America on the heels of its solid earnings report on Feb. 24, and a surging energy market.
Southwestern’s rating improved from “underperform” to “neutral,” and its price target leaped from $5 to $9 in the release.
The news helped pop the stock as high as 11% over Monday’s closing price and had options traders rushing in to capitalize on the bullish outlook!
Of course, Southwestern wasn’t the only energy company hitting the tape Tuesday... I have two more top options plays waiting inside…
Disclaimer : The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.
Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.
Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.
0 Response to "3 Energy Options Plays That Have the Bulls Charged Up"
Post a Comment