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Teradata (TDC) ripe for a bullish trade? |
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| Oct 26, 2009 05:20 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Major movement, Good news, Magazines, Options, Technical Analysis  Teradata (NYSE: TDC - option chain) shares are rising today after the stock received positive coverage in Barron's (subscription required) over the weekend. An analyst wrote in the magazine that the stock could rise by as much as 80 percent over the next two years, helped by the company's high cash reserves, good client roster, and technical advantages. This could be a good sign for TDC. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on TDC.TDC opened this morning at $29.58. So far today the stock has hit a low of $29.11 and a high of $29.75. As of 11:25, TDC is trading at $29.36 up $1.03 (3.6%). The chart for TDC looks neutral and S&P gives TDC a neutral 3 STARS (out of 5) hold ranking. Continue reading Teradata (TDC) ripe for a bullish trade? Teradata (TDC) ripe for a bullish trade? originally appeared on BloggingStocks on Mon, 26 Oct 2009 12:20:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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