Buzz Stocks: Wal-Mart Stores, Inc., Angie's List Inc, and Herbalife Ltd.

Today's stocks to watch include Wal-Mart Stores, Inc. (WMT), Angie's List Inc (ANGI), and Herbalife Ltd. (HLF)

Nov 17, 2015 at 10:10 AM
facebook X logo linkedin


U.S. exchanges are struggling for direction, as traders weigh a drop in crude, the latest economic data, and a pair of positive blue-chip earnings. Among the equities in focus are retail blue chip Wal-Mart Stores, Inc. (NYSE:WMT), service review company Angie's List Inc (NASDAQ:ANGI), and nutritional supplement concern Herbalife Ltd. (NYSE:HLF).

  • WMT is paring its year-to-date deficit after reporting third-quarter earnings above expectations. The shares of Wal-Mart Stores, Inc. are up 3.3% so far this morning, last seen trading at $59.80 -- on pace for their highest close since the Oct. 14 bear gap. If this upward trend continues, near-term options traders should be pleased. WMT's Schaeffer's put/call open interest ratio (SOIR) of 0.58 is lower than all but 18% of readings taken in the past year, suggesting near-term traders have been particularly call-heavy lately. Luckily for them, yesterday's news of a major investor cutting his stake did not have any negative effect on the shares. Still, 17 out of 20 firms following the stock give it a "hold" rating, leaving the door open for possible upgrades in light of the positive earnings news. 
  • HLF lost a major investor in Soros Fund Management, as the hedge fund pulled out of the nutrition company and took new positions in Amazon.com, Inc. (NASDAQ:AMZN) and Netflix, Inc. (NASDAQ:NFLX), amongst others. Nevertheless, Herbalife Ltd. shares were last seen trading 0.5% higher at $55.54, and have added 47.2% so far this year. Still, skepticism prevails. HLF's SOIR of 1.85 is higher than three-fourths of all readings taken in the past year. And, with more than one-fourth of HLF's total float sold short -- accounting for nearly 23 days of trading, at the stock's typical daily pace -- a short-covering rally could help the shares extend their upward momentum.

 

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 C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI