Buzz Stocks: Lockheed Martin Corporation, Aerie Pharmaceuticals Inc, and Deutsche Bank AG

Today's stocks to watch in the news include Lockheed Martin Corporation (NYSE:LMT), Aerie Pharmaceuticals Inc (NASDAQ:AERI), and Deutsche Bank AG (NYSE:DB)

Dec 23, 2016 at 9:23 AM
facebook X logo linkedin


U.S. stock futures are trading below fair value ahead of the long holiday weekend. Among specific equities in the spotlight today are aerospace company Lockheed Martin Corporation (NYSE:LMT), biotech stock Aerie Pharmaceuticals Inc (NASDAQ:AERI), and German lender Deutsche Bank AG (NYSE:DB). Here's a quick look at what's driving LMT, AERI, and DB.

  • LMT is slumping in pre-market trading, falling 1.9%, after President-elect Donald Trump tweeted he has approached Boeing Co (NYSE:BA) for prices on a jet similar to the Lockheed's F-35 -- the second time this month he's criticized the company on Twitter. While the stock has cooled since hitting an all-time high of $269.90 earlier this month, it remains 16.4% higher year-to-date, and comfortably above its rising 200-day moving average at $252.80. Should the Trump-induced headwinds fall to the wayside and Lockheed Martin Corporation extend its long-term rally, an unwinding of near-term put positions could provide an extra boost. For example, LMT's Schaeffer's put/call open interest ratio (SOIR) is 1.66, putting it in the high 87th annual percentile. 

  • AERI has given back 6.5% in electronic trading, after the company announced the manufacturing facility for its glaucoma treatment, Rhopressa, won't be ready for a Food and Drug Administration (FDA) inspection. Aerie Pharmaceuticals Inc will now have to resubmit its new drug application sometime next year. Looking back, the stock enjoyed a huge bull gap back in September, helping guide it to record highs and a nearly 53% year-to-date advance, last seen at $37.20. Considering these gains, it's not surprising to see a huge bullish bias among analysts. At the moment, all nine brokerage firms covering AERI recommend buying the stock.  

  • DB is on the rise this morning, on news the company settled with the Justice Department for $7.2 billion -- far below what was expected. The stock has performed well recently, jumping almost 66% since its late-September all-time low of $11.19 to trade at $18.54. Meanwhile, Deutsche Bank AG options traders have been buying to open calls over puts. This is according to DB's 10-day call/put volume ratio of 1.07 at the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) -- a reading that lands in the 84th annual percentile. 

Stay on top of overnight news & big morning movers. Sign up now for Schaeffer's Opening View.

 

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