It’s always good to take some profits after such a huge up day, so sell one-half of your remaining options in CTSH (you’ve already booked profits of 100%). Hold onto the stock and the rest of your options, though. Remember, our short-term target on this stock is around $75. Move your stop to $60.75.
I hope you enjoyed your first issue of my new e-newsletter, The Global Guru, which you should have received Tuesday. I’ll have another issue for you tomorrow. For more insights on CTSH and how to profit from the outsourcing megatrend, go to www.TheGlobalGuru.com and check out my new Global Guru Blog.
This content is for paid subscribers only. To gain access subscribe to one of our…
It is hard to find a seasoned investor who doesn’t believe the stock market is…
No one believes a financial disaster can strike… until it’s too late. That’s bizarre, considering…
The Options Industry Council is a resource used to educate investors about the benefits and…
The put-call parity is the relationship that exists between put and call prices of the…
“It’s not a stock market, it’s a market of stocks.” -- “Maxims of Wall Street,”…