OMI Long: Target $18
OWENS & MINOR INC NEW COM - [OMI]
Chart: Advanced off lows and consolidating in an area of long term support/resistance for over six months. A breakout over $8 should lead to appreciation to >$18.
Fundamentals: Medical supplier seeing increased sales of essential PPE used in COVID19 fight. Sales will continue for several years as the virus is fought and after as national stockpiles are refilled for the next pandemic.
Long: $8
Chart: Advanced off lows and consolidating in an area of long term support/resistance for over six months. A breakout over $8 should lead to appreciation to >$18.
Fundamentals: Medical supplier seeing increased sales of essential PPE used in COVID19 fight. Sales will continue for several years as the virus is fought and after as national stockpiles are refilled for the next pandemic.
Long: $8
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