VST
VST - Broke Trend Resistance from Nov 2019 HighsNYSE:VST
Broke trend resistance from Nov 2019 high. Successfully tested new support. Approaching first resistance level (see chart).
MACD, RSI, & TTM Squeeze all look good.
Put/Call Ratio between .12 and .03 throughout the past 2 weeks. Currently at .03
Bullish Options Flow at $22 - 1/21/22 strikes.
Bullish Options Flow at $23 - 2/18/22 strikes.
BUY $VST - NRPicks April 04Vistra Energy emerged from the Energy Future Holdings bankruptcy as a stand-alone entity in 2016. Vistra is one of the largest power producers and retail energy providers in the U.S. It owns and operates 38 gigawatts of nuclear, coal, and natural gas generation in its wholesale generation segment after acquiring Dynegy in 2018. Its retail electricity segment serves 5 million customers in 20 states. Vistra's retail business serves almost one third of all Texas electricity consumers.
Market cap: 8.5 B
Rev: 11.44 B
Dvdn Yld: 3.39%
Operating Cash Flow (Proxy): 3.38 B
LT Debt: 9 B
Employments: 5K
ROE: 7%
P/S 0.76 vs 0.85 industry
P/E (TTM) 13.74 vs 226 Industry
Earnings and Revennue growth: 19.3% (Next 3 Years)
Fair value: $90 (80% undervalue)
Valuation: $27 (34% undervalue)
Waiting For Earnings On This One.Said sell 26, but I think it's worth the risk to hold for earnings. A lot of positive developments with this company.
A lot of typos in the first pick though lol. They don't let you edit. I didn't even look into the company that much, just saw the ownership, sector, and chart pattern, and plus they started paying a dividend. Looked like a sure thing
Fortress Investment Group Allocates 39.56% To Their HoldingsEntry 1/2 ****STOP 8%****
We routinely review hedge fund filings, and the trend is becoming clear: funds are bullish on oil. From Warburg Pincus, to Elliot Management, concentrated funds are betting big on the energy sector.
The reason why we chose this particular oil company was because of two reasons. First, and most importantly, the risk reward is extremely attractive right now because the price is coming off a key support level. Those supports were breached on two separate occasions, but, both times that happened was during a significant market correction. The second reason we like this stock is because of the extent to which Fortress is concentrated; 39.5%, a bold prediction.
Since the stock is ranging, $26.00 looks like a good area to consider taking profits. Entry 1/2, ****STOP 8%****
Good luck as always and happy trading everyone
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