Joseph Parnes Archives
Our second recommendation is a short sale.
Our first pick today just received an upgrade from Morgan Stanley, to ‘Overweight’.
This manufacturing and technology conglomerate will announce earnings on January 27. Analysts expect the company to post revenues of $10.15 billion and earnings per share of $1.74 for the quarter. The shares have a current dividend yield of 2.27%, paid quarterly.
Honeywell International (HON)
Sell Short: Sears Holding Corporation (SHLD)From Shortex Market Letter
52wk H. 27.47 52wk L. 10.52Mkt Cap: $1.5B, P/E: -0.81, Beta: 1.44
Sears (SHLD), the operator of Sears/Kmart, reported net loss of $2.03/shr. Same-store sales dropped 5.2%. Another Qtr of declining sales. Accepted $300M financing from Edward...