Hot High Dividend Stocks To Own Right Now: Quad Graphics Inc(QUAD)
Quad/Graphics, Inc., together with its subsidiaries, engages in the provision of print and related products and services in North America, Latin America, and Europe. It offers print solutions, including catalogs, consumer magazines, special interest publications, direct mail, packaging and other commercial and specialty printed products, retail inserts, books, and directories. The company also provides media solutions comprising creative, digital imaging, video, photography, workflow solutions, mobile and social media, and response data analytics services. In addition, it offers logistics services, such as mailing, distribution, logistics, and data optimization and hygiene services; and printing-related auxiliary equipment for original equipment manufacturers and printing companies, as well as provides ink. The company markets its products and services to various companies that operate in a range of industries and serve businesses and consumers consisting of retailers, pub lishers, and direct marketers. Quad/Graphics, Inc. was founded in 1971 and is headquartered in Sussex, Wisconsin.
Advisors' Opinion:- [By Roberto Pedone]
Another stock that's starting to trend within range of triggering a near-term breakout trade is Quad/Graphics (QUAD), which provides print and related services in the U.S., Europe and South America. This stock has is down notably over the last three months, with shares off by 12.2%.
If you look at the chart for Quad/Graphics, you'll notice that this gapped down sharply last November from $36.45 to under $29 with heavy downside volume. Following that gap down, shares of QUAD continued to trend lower, and the stock hit a new low at $23.48 a share a few trading sessions later. That said, shares of QUAD have now started to uptrend since printing that low, with shares moving high! er from $23.48 to its recent high of $27.67 a share. During that uptrend, shares of QUAD have been making mostly higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of QUAD within range of triggering a near-term breakout trade.
Traders should now look for long-biased trades in QUAD if it manages to break out above its 50-day moving average of $27.29 a share to more near-term overhead resistance at $27.67 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 185,427 shares. If that breakout hits soon, then QUAD will set up to re-fill some of its previous gap down zone that started at $36.45 a share.
Traders can look to buy QUAD off any weakness to anticipate that breakout and simply use a stop that sits just below more near-term support at $25 to $24.50 a share. One can also buy QUAD off strength once it starts to clear those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.
- [By Roberto Pedone]
My first earnings short-squeeze play is commercial printing services player Quad/Graphics (QUAD), which is set to release numbers on Tuesday after the market close. Wall Street analysts, on average, expect Quad/Graphics to report revenue of $1.32 billion on earnings of 92 cents per share.
The current short interest as a percentage of the float Quad/Graphics is very high at 17.1%. That means that out of the 26.02 million shares in the tradable float, 5.18 million shares are sold short by the bears. This is a high short interest on a stock with a relatively low tradable float. Any bullish earnings news could easily set off a monster short-squeeze for shares of QUAD post-earnings.
From a technical perspective, QUAD is currently trending above both its 50-day and 200-day moving averages, which is bullish. This stock has been uptrending strong for the last m! onth, wit! h shares moving higher from its low of $28.44 to its intraday high of $35.99 a share. During that uptrend, shares of QUAD have been consistently making higher lows and higher highs, which is bullish technical price action.
If you're bullish on QUAD, then I would wait until after its report and look for long-biased trades if this stock manages to break out above its 52-week high at $35.99 a share (or Tuesday's intraday high if higher) with high volume. Look for volume on that move that hits near or above its three-month average action of 149,155 shares. If that breakout hits, then QUAD will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that move are $45 to $50 a share.
I would simply avoid QUAD or look for short-biased trades if after earnings it fails to trigger that breakout, and then drops back below some near-term support levels at $34 to $33 a share with high volume. If we get that move, then QUAD will set up to re-test or possibly take out its next major support areas at its 50-day moving average o
source from Top Stocks For 2015:http://www.topstocksblog.com/hot-high-dividend-stocks-to-own-right-now-2.html
No comments:
Post a Comment