🚀 Today's Big Ideas: ADM, O'Reilly Automotive, Teradyne
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TODAY’s Big Ideas:
ARCHER-DANIELS-MIDLAND sets up for +8.9% rally in 2 months
O’REILLY AUTOMOTIVE INC sets up for +14.7% rally in 3 months
TERADYNE poised to rally +16.6% rally in 3 months
For more investment insights, please visit us at www.LongShortBets.com
(1) Score 8.1 (out of 10): ARCHER-DANIELS-MIDLAND CO sets up for +8.9% rally in 2 months
What’s Going On Here?
ARCHER-DANIELS-MIDLAND shares are making a new all-time high – this is especially interesting as the overall market has been weak. ADM, is an American multinational food processing and commodities trading corporation. The company posted record Q4 profit on rising biofuel demand, projects strong 2022.
Why Now?
ARCHER-DANIELS-MIDLAND CO has reached a new shorter-term high. Previously, during similar occasions, ARCHER-DANIELS-MIDLAND CO shares had a median return of +8.9%, over the following 2 months – based on 10 historical occasions with 9 of those showing positive returns (90% hit ratio). This buy signal for ARCHER-DANIELS-MIDLAND CO received a high score of 8.1 (out of 10). This insight was generated on 2022-January-26 with last price of 72.27.
What’s This Company About?
ARCHER-DANIELS- MIDLAND CO is in the Agricultural Operations business. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. Ticker symbol: ADM US.
What’s My Risk / Reward and Time Horizon?
We found 2 months to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 78.73 (+8.9%) has been reached. Based on ARCHER-DANIELS-MIDLAND CO’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 69.77 (last price at 72.27), which is equivalent to a -3.5% decline.
You might also like: Score 8.7 (out of 10): NXP SEMICONDUCTORS NV poised to seasonally rally by +5.8% during the next 30 days.
(2) Score 8.2 (out of 10): O’REILLY AUTOMOTIVE INC sets up for +14.7% rally in 3 months
What’s Going On Here?
O’REILLY AUTOMOTIVE is an auto parts retailer. O’Reilly Automotive’s EPS has grown 24% each year, compound, over three years and EPS tend to lead share prices – in general. Two weeks ago, the company came out with earnings of $8.07 per share versus Consensus Estimate of $6.99 per share, representing a surprise of 15.45%.
Why Now?
O’REILLY AUTOMOTIVE INC has triggered a new technical analysis signal. During similar occasions, O’REILLY AUTOMOTIVE INC shares had a median return of +14.7%, over the following 3 months – based on 8 historical occasions with 6 of those showing positive returns (75%). This buy signal for O’REILLY AUTOMOTIVE INC received a high score of 8.2 (out of 10). This insight was generated on 2022-January-26 with last price of 630.82.
What’s This Company About?
O’REILLY AUTOMOTIVE INC is in the Retail-Auto Parts business. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. Ticker symbol: ORLY US.
What’s My Risk / Reward and Time Horizon?
We found 3 months to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 723.43 (+14.7%) has been reached. Based on O’REILLY AUTOMOTIVE INC’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 628.32 (last price at 630.82), which is equivalent to a -0.4% decline.
You might also like: Score 9.7 (out of 10): AMAZON.COM INC sets up for +23.1% rally in 3 months.
(3) Score 8.5 (out of 10): TERADYNE poised to rally +16.6% rally in 3 months
What’s Going On Here?
Teradyne is an American automatic test equipment designer and manufacturer. The company is scheduled to announce Q4 earnings results on Wednesday, January 26th, after market close. The consensus EPS Estimate is $1.29 (+17.3% YoY) and the consensus Revenue Estimate is $868.59M (+14.4% YoY). Over the last 2 years, the company has beaten EPS estimates 100% of the time and has beaten revenue estimates 100% of the time.
Why Now?
TERADYNE INC has reached a new medium term low. Previously, during similar occasions, TERADYNE INC shares had a median return of +16.6%, over the following 3 months based on 10 historical occasions with 9 of those showing positive returns (90% hit ratio). This buy signal for TERADYNE INC received a high score of 8.5 (out of 10). This insight was generated on 2022-January-25 with last price of 138.29.
What’s This Company About?
TERADYNE INC is in the Semiconductor Equipment business. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. Ticker symbol: TER US.
What’s My Risk / Reward and Time Horizon?
We found 3 months to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 161.31 (+16.6%) has been reached. Based on TERADYNE INC’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 135.79 (last price at 138.29), which is equivalent to a -1.8% decline.
For more investment insights, please visit us at www.LongShortBets.com