Buzz Stocks: Teva, Brainstorm Cell, Harley-Davidson

Today's stocks to watch in the news include Teva Pharmaceutical Industries Ltd (TEVA), Brainstorm Cell Therapeutics Inc (BCLI), and Harley-Davidson Inc (HOG)

Apr 21, 2015 at 9:48 AM
facebook X logo linkedin

U.S. stocks are extending yesterday's gains, as traders react to earnings from several big-name companies. In other company news, today's stocks to watch include biotech firms Teva Pharmaceutical Industries Ltd (NYSE:TEVA) and Brainstorm Cell Therapeutics Inc (NASDAQ:BCLI), as well as motorcycle maker Harley-Davidson Inc (NYSE:HOG).

  • News that TEVA has offered to purchase Mylan NV (NASDAQ:MYL) for $82 a share in cash and stock ($40.1 billion total) has TEVA 2% higher at $64.53. Technically speaking, Teva Pharmaceutical Industries Ltd has been a long-term outperformer, and notched an all-time high of $68.75 on April 9. Accordingly, options traders have favored calls over puts lately, as TEVA's 10-day International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) call/put volume ratio of 5.56 stands higher than 84% of all similar readings from the past year. 

  • The shares of BCLI are 4.9% higher at $4.69, after the firm announced that its ALS drug NurOwn showed statistically significant effects in a mid-stage study. Meanwhile, the brokerage bunch is universally optimistic on the security, as all covering analysts rate it a "strong buy." Plus, BCLI's average 12-month price target of $14 is nearly three times current trading levels. 

  • On the other hand, the shares of HOG are down 7.8% at $56.96 -- the worst percentage drop among S&P 500 Index (SPX) components thus far -- after the company posted first-quarter earnings and said that it is cutting its shipment outlook for the rest of 2015 (subscription required). On the charts, Harley-Davidson Inc has been sliding, with the shares down 14.4% year-to-date. Looking to the options pits, traders are more put-skewed than normal. HOG's Schaeffer's put/call open interest ratio (SOIR) of 1.45 reads in the 90th percentile of its annual range, showing that short-term speculators are more put-heavy than usual.


Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI