Schaeffer's 43rd Anniversary Stock Picks in 2024

Buzz Stocks: Hasbro, Inc., Raytheon Company, and Prologis, Inc.

Today's stocks to watch in the news include Hasbro, Inc. (HAS), Raytheon Company (RTN), and Prologis Inc (PLD)

Apr 20, 2015 at 9:41 AM
facebook X logo linkedin


U.S. stocks are moving higher today, thanks to stimulus news out of China. In other company news, today's stocks to watch includes toy titan Hasbro, Inc. (NASDAQ:HAS), military defense concern Raytheon Company (NYSE:RYN), and industrial real estate firm Prologis Inc (NYSE:PLD).

  • HAS posted first-quarter revenue and profit figures that beat analyst expectations, sending the shares 6.4% higher to $70.13. Technically speaking, Hasbro, Inc. has been an outperformer, with the shares up 27.6% year-to-date. Accordingly, calls have been popular in the options pits, as HAS' 50-day International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) call/put volume ratio of 2.80 ranks higher than 95% of all similar readings from the past year. Meanwhile, 12.6% of the stock's available float is sold short, which would take nearly 13 sessions to cover, at average trading volumes.

  • RTN announced that it is acquiring cybersecurity specialist Websense from Vista Equity Partners, LLC in a deal worth $1.9 billion, sending the shares 0.6% lower to $107.10. On the charts, the shares of Raytheon Company are down about 5% from their March 20 all-time high of $113.36 to test support atop their 20-week trendline. However, short-term traders have been more call-skewed than usual ahead of RTN's trip to the earnings confessional on Thursday. Specifically, RTN's Schaeffer's put/call open interest ratio (SOIR) of 0.64 is lower than 92% of all similar readings from the past year.

  • The shares of PLD are 0.1% lower to $42.83, after the firm announced it has teamed up with Norway's $890 billion sovereign wealth fund to purchase KTR Capital Partners for $5.9 billion. What's more, the real estate company posted first-quarter earnings that toppled expectations. On the charts, Prologis Inc has edged lower recently, with the shares down 9.8% from their Jan. 27 six-year high of $47.56. Despite this downward price action, traders have shown a distinct preference for calls over puts in recent weeks, as PLD's 10-day ISE/CBOE/PHLX call/put volume ratio of 86.00 stands in the 92nd percentile of its annual range.
 

A.I.’s Dirty Little Secret: The Real Power Behind The AI. Boom ✨

Anyone who’s seen the The Matrix movies knows that A.I. needs power.  Lots and lots of power.

If you’ve seen the movie, you also know the grizzly results of the ensuing battle for that power.

Now, Wall Street’s battle for A.I. power won’t go to such extremes. Hopefully?

A.I. needs more power and that means more opportunities for stock traders in the know.

Download your free copy of “The A.I. Revolution: 4 Stocks to Buy Now”!