Credit Suisse also upped its price target on the stock to $73.00 last week — up another 12% or so from current levels.
Yesterday’s big jump in price means big gains in the value of the options.
Let’s strike while the iron is hot and sell half of your remaining options to lock in 180% gains and hold on to the rest for potentially bigger gains ahead.
Note that your position in Bank of Ireland (IRE) also soared 27% yesterday. If there is one bank left standing in Ireland after the crisis wanes — and one that could make 5X your money — it’s this one.
This week's Global Bull Market Alert pick, Uranium Energy Corporation (UEC), is a Texas-based uranium production, development and exploration company. And here's why I think you could double your money in this indirect bet on China's exploding demand for uranium.
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
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Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers: