Earnings trade #3 -- Sara Lee (SLE) - Chris Johnson

Sign Up | Log In | What is SocialPicks?

Please sign up for SocialPicks site access - it's free!

Earnings trade #3 -- Sara Lee (SLE)
Jul 26, 2009 02:00 PM UTC

Chris Johnson

Return	Risk
+19.45%	LOW

Tracked Blogger

Profile & Performance

Subscribe to author

Symbol	Sentiment	Start	Return	Closed
SLE		07/26/09	+14.00%	--

Via BloggingStocks:

Filed under: Sara Lee Corp (SLE), Stocks to Buy

sara lee earnings trade Don't look now, but Sara Lee (NYSE: SLE) is up about 20% in the past month. People gotta eat, and, thanks to the recession, they're opting to eat at home more often.

Sara Lee reports earnings on August 12, and analysts expect earnings per share to be 5 cents less than a year ago. Last quarter, the company blew out the estimate by nearly 40%.

With sentiment mixed (only a third of analysts rate the shares a "buy"), another beat this quarter should keep the rally intact.

Buy SLE call options.

Next: Earnings Trade #4

Earnings trade #3 -- Sara Lee (SLE) originally appeared on BloggingStocks on Sun, 26 Jul 2009 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Read the rest of original post »

Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment

IN THE PRESS

None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.