Dell (DELL)
Background:
Dell trades an average of 18 million shares per day with a market cap of $20.2 billion.
52-week range: $11.56 to 18.32 Shares have fallen 30.1% in the last year, and the average analyst target price for DELL is $16.09. The trailing 12-month price-to-earnings ratio is 5.7 and the mean fiscal year estimate price-to-earnings ratio is 6.02, based on earnings of $1.92 per share this year. In the last month the stock has fallen 3%. DELL's latest earnings release was May 22 and the previous closing price was $15.08. Relative to a current price of $11.84, shares are down 21.1%. Dell is oversold on the daily chart and is near support on the weekly chart. I like the September $11 put during the next few trading days for 38 cents or more. My profit target is 30 cents or close out on option expiration date.
HPQ data by YChartsHewlett-Packard (HPQ) Background: Hewlett-Packard trades an average of 20.3 million shares per day with a market cap of $35.1 billion. 52-week range: $17.99 to 37.47 Shares have fallen 51.7% in the last year, and the average analyst target price for HPQ is $26.44. The mean fiscal year estimate price-to-earnings ratio is 4.44, based on earnings of $4.05 per share this year. Investors are receiving 53 cents in dividends for a yield of 2.94%. In the last month the stock has fallen 7.1%. May 23 was the last earnings release; the closing price before then was $21.08. Relative to a current price of $17.91, shares are down 14.7%. HP is oversold on the weekly chart and is nearly oversold on the daily. I like the September $17 put during the next few trading days for 70 cents or more. My profit target is 60 cents or close out on option expiration date. >>To see these stocks in action, visit the 10 Profitable and Oversold Stocks Ready To Move Higher portfolio on Stockpickr. At the time of publication the author did not hold a position in any stock mentioned. This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
TheStreet Quant Ratings
TRY IT FREENew! $49.95/yr
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
Product Features:
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Dividend Stock Advisor
TRY IT FREEJim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
