Technology has been generating more than its share of recommendations recently.
This week’s Momentum Trader Alert recommendation is no exception. Founded in 1960 and headquartered in North Reading, Massachusetts, Teradyne, Inc. (TER) manufactures test equipment and software for the electronics and communication industries. Teradyne’s products include systems to test semiconductors, circuit boards, telephone lines and networks, and software.
Teradyne, Inc. (TER) versus the S&P 500 year to date.
Momentum Trader Alert Analysis
Buy Teradyne, Inc. (TER) at market today and place your stop at $28.50.
I am holding off on recommending options on this position for now.
The Chemours Company (CC) stopped out at $37.25 for a 15.24% gain.
Your position in Panera Bread (PNRA) soared 19.14% this past week as investment firm JAB agreed to acquire the sandwich chain for $315 per share.
With the stock up 25.81% over just the past two weeks, I am recommending that you sell your position in Panera to lock in your substantial gains.
Nicholas A. Vardy