Investing
The stock is trading midway between its highest and lowest point in the last year. Yesterday it shed 44 cents, or 1.41% to close at $30.81. Its 52-week high is $35.90 and the low is $26.45 This is a solid pick that we can feel comfortable with. For that reason, I am placing a limit order to buy 10 January $25 calls (ZHKAE), paying $6.50 or better. Don't forget to place your GTC sell order $1.00 higher than the fill price so you can cash in on your $1,000 victory. In other words, if your order is filled at $6.50, you should immediately place a good-till-cancel (GTC) order to sell at $7.50. Cha-Ching! Always remember: Life is a journey, enjoy the ride! Know What You Own: CAL operates in the wholesale food industry, and some of the other stocks in its field include Performance Food Group(PFGC - Cramer's Take - Stockpickr), Kraft Foods(KFT - Cramer's Take - Stockpickr), ConAgra Foods(CAG - Cramer's Take - Stockpickr) and Sara Lee(SLE - Cramer's Take - Stockpickr). These stocks closed at $34.03, $31.53, $23.00 and $13.76 respectively. For more on the value of knowing what you own, visit TheStreet.com's Investing A-to-Z section.
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