Prudential's most recent trend suggests a bullish bias. One trading opportunity on Prudential is a Bull Put Spread using a strike $87.50 short put and a strike $82.50 long put offers a potential 16.82% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $87.50 by expiration. The full premium credit of $0.72 would be kept by the premium seller. The risk of $4.28 would be incurred if the stock dropped below the $82.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Prudential is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Prudential is bullish.
The RSI indicator is at 62.63 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Prudential
11:01 am Prudential reschedules its symposium for fixed income analysts and investors in New York City, to June 9, 2014, from June 4
Mon, 10 Mar 2014 15:01:00 GMT
Investors who get MetLife may find it pays – Barron's
Sun, 09 Mar 2014 17:50:59 GMT
Investors who get MetLife may find it pays -Barron's
Sun, 09 Mar 2014 17:03:24 GMT
Reuters – MetLife Inc is by some measures one of the cheapest Standard & Poor's 500 stocks, and its shares could rise because the largest publicly-traded U.S. life insurer has a attractive global franchise and astute management, and may hike its dividend significantly, Barron's said in its March 10 edition. With a stock price of $53.15, MetLife trades at just 9.3 times projected 2014 profit of $5.70 per share and 8.7 times projected 2015 profit of $6.12 per share, according to Thomson Reuters I/B/E/S. Two with similar ratios are insurers Prudential Financial Inc and Lincoln Financial Corp . In addition, MetLife is trading at just 1.1 times book value per share excluding unrealized investment gains, also among the lowest in the S&P 500, Barron's said.
The Top Ten Stocks for March 7
Fri, 07 Mar 2014 21:38:16 GMT
Prudential Investments to Host Closed End Conference Call
Fri, 07 Mar 2014 21:05:00 GMT
Business Wire – Prudential Investments announced it will host a conference call to provide market commentary and product updates for Prudential Short Duration High Yield Fund, Inc. and Prudential Global Short Duration High Yield Fund, Inc.
Related Posts
Also on Market Tamer…
Follow Us on Facebook