Our take on the latest addition to the AAP portfolio.
We like the long-term story but it's important to take gains here.
Still, we wouldn't chase the stock at current levels.
Those who mirror the AAP team's decision should consider closing this long stock alternative.
We'll start a position in Goldman Sachs.
We believe now is the time to be building this energy position.
If Friday's payrolls report confirms the ADP and ISM Services results, lofty equity prices, built on pie-in-the-sky expectations, will get harder to justify.
We look at the technicals and options pricing of a stock struggling to make new highs.
We see more upside in this energy name than in this tech.
As the stock hits a one-month high, trading in calls is getting heavy.