Categories: Momentum Trader Alert HotlinesStock Market News

A Recommendation with Sweet Momentum

This week’s Momentum Trader Alert recommendation is a household name among American consumers.

Founded in 1894 and headquartered in Hershey, Pennsylvania, The Hershey Company (HSY) is the largest North American manufacturer of quality chocolate and non-chocolate confectionery products. Hershey markets well-known brands such as Hershey’s, Reese’s, Hershey’s Kisses, Kit Kat, Almond Joy, Mounds, York, Jolly Rancher, Twizzlers and Ice Breakers.

The stock has moved has moved up sharply in recent days on rumors of a takeover bid.

The Hershey Company (HSY) versus the S&P 500 YTD.

Recommendation

Buy The Hershey Company (HSY) at market today and place your stop at $106.00.

I am holding off on recommending options for now as the stock’s recent sharp move upwards has made the options very expensive.

Portfolio Update

It was a busy week for your Momentum Trader Alert portfolio as you exited several profitable options positions

On May 23, you sold half of your Stryker Corp. (SYK) June $135 call options (SYK170616C00135000) for a gain of 85.48%.

You also sold half of your United Technologies Corp. (UTX) June 16 $115 calls (UTX170616C00115000) for a 53.33% gain.

On May 25, you sold all of your remaining Stryker Corp. (SYK) June $135 call options (SYK170616C00135000) a gain of 133.87%.

You sold one-half of your MA July $115 call options (MA170721C00115000) for a gain of 80.52%.

On May 26, you sold your remaining Mastercard (MA) July $115.00 call options (MA170721C00115000) for a 90.91% gain.

You sold half of your Intuitive Surgical, Inc. (ISRG) July $880 calls (ISRG170721C00880000) for a 62.53% gain.

You sold all of your remaining United Technologies Corporation (UTX) June 16 $115 calls (UTX170616C00115000) for a 53.76% gain.

Sincerely,

Nicholas A. Vardy

Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world. He was the Editor of The Global Guru, a free weekly e-newsletter, and also edited the trading services Momentum Trader Alert, which focused on making short-term profits in the hottest markets in the world, and The Alpha Algorithm, which was designed specifically to deliver big, fast triple-digit winners, month after month. He was also the editor of Smart Money Masters, a monthly service focused on longer term investments recommended by the brightest minds in the business. Mr. Vardy has been a regular commentator on CNN International and the Fox Business Network. He has also published articles in The New Republic, The World and I, and The Baker & McKenzie Legal Review. The Global Guru/Nicholas Vardy has been cited in The Wall Street Journal, Newsweek, Fox Business News, CBS MarketWatch, Yahoo! Finance, and MSN Money Central. Mr. Vardy graduated from Stanford with a B.A. — with honors and distinction — in both Economics and History, and he also earned an M.A in Modern European Intellectual History. After winning a Fulbright Scholarship, he earned a J.D. degree at Harvard Law School where he was an editor of the Harvard International Law Journal. When not uncovering investment opportunities for his subscribers and investors, Mr. Vardy is a keep-fit enthusiast and an avid student of classical music.