Healthcare Stock Named "Gold Standard" Of Its Industry

Dismal earnings have QIWI near the bottom of the Nasdaq

Managing Editor
Aug 16, 2018 at 2:24 PM
facebook X logo linkedin

Stocks are soaring today, vaulting higher thanks to upbeat earnings and trade optimism. Looking at individual names, payment services provider Qiwi PLC (NASDAQ:QIWI) is lower, while online discount warehouse Inc (NASDAQ:OSTK) and telehealth company Teladoc Inc (NYSE:TDOC) are higher. Here's a closer look at how shares of QIWI, OSTK, and TDOC are trading today.

Second-Quarter Profit Miss Buries QIWI

Qiwi stock is down 13.8% to trade at $13.50, and earlier touched an annual low of $12.50, after the company reported second-quarter earnings that fell short of Wall Street estimates. The Russian firm also lowered its full-year guidance for 2018. QIWI stock is on track for its worst day since April 2016, and one of the worst stocks on the Nasdaq today. 

Although the stock is currently on the short-sale restricted list (SSR), there is ample room aboard the bearish bandwagon. Short interest fell 15% in the most recent reporting period, and the 140,000 shares sold short represents a meager 0.67% of QIWI's total available float. 

OSTK Gains On Investor Talks

Shares of are up 1.7% to trade at $30.98, after the company disclosed it was negotiating with potential investment partners. OSTK has traded within a tight range since April, with the $30 level providing support during that time. Despite the rally today, the equity has still lost more than half of its value in 2018, and is on track to post its worst week of the year.

Those looking to bet bearishly on OSTK may want to consider options. The stock's Schaeffer's Volatility Index (SVI) is currently at 70%, which registers in the 14th percentile of its annual range -- indicating short-term options are attractively priced at the moment, from a volatility perspective.

Furthermore, the security has consistently rewarded premium buyers over the past year. The security's Schaeffer's Volatility Scorecard (SVS) docks in at a healthy 93 out of 100. This suggests that OSTK has tended to make larger-than-expected moves on the charts, compared to what the options market was expecting.

Analysts Are Loving Red-Hot TDOC 

Teladoc stock is up 2.5% to trade at $72.50, after Leerink initiated coverage on the telehealth name with an "outperform" rating and $90 price target. The analyst in coverage named TDOC the "gold standard" of a market it expects to grow to $83 billion annually by 2028 compared to its current $57 billion valuation. TDOC stock is a chip-shot off its Monday record high of $73.25. The shares have already more than doubled in 2018, with their ascending 50-day moving average containing a late-July pullback. 

A short squeeze could be fueling this upswing. Short interest fell by 3.7% in the two most recent reporting periods, yet the 18.31 million shares sold short still represents a whopping 32% of TDOC's total available float, and more than two weeks of pent-up buying power. 


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