Page 16 - Simpler Trading News Today

Though cruise lines still have significant debt loads, two of their stocks could be worth considering for a trade, Danielle Shay, director of options at Simpler Trading, said Tuesday on CNBCs "Trading Nation." "We are going to see cruise liners starting to sail again," Shay said. "The cruise liners are still beat down, which means that you still have some upside." Royal Caribbean, Carnival and Norwegian Cruise are respectively 33%, 44% and 47% below their pre-Covid highs from January 2020. "I t...

Steve Chiavarone of Federated Hermes said on CNBCs "Trading Nation" that dividend stocks outperformed the S&P 500 on annual basis just as much as the growth stocks outperformed value in the prior year. iShares Select Dividend ETF (NASDAQ:DVY) is as cheap versus bonds or as cheap versus stocks as it has been in the last 20 years, he added. Its trading at an 8 to 10 multiple discount to the S&P 500 and Chiavarone thinks dividend stocks have a long way to run here. Danielle Shay of Simpler Trading...

The stock then traded sideways in consolidation for seven trading days before making another big move north. On Monday, Roblox bust through resistance at its previous all-time high level of $83.41 and broke into blue skies. With no resistance in the form of price history, a number of options traders bet over $2.56 million that shares of the gaming company, termed "crack for kids" by Danielle Shay, director of options at Simpler Trading, are headed higher. The Roblox Option Trades: Below is...

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Danielle Shay Says Microsoft Is One Of The Best Long-Term Growth Stocks Microsoft has multiple product segments that continue to show growth, Shay told CNBC. "Earnings are consistent quarter-over-quarter, year-over-year," she added. The company reported earnings-per-share of $1.95 vs. $1.78 expected and revenue of $41.71 billion vs. $41.03 billion expected on April 27. Microsoft presents a fantastic buying opportunity at current levels after its recent pullback, Shay said. From a technic...

"This is a stock that has been out of favor for a while, starting to really show signs of turning around," he said Friday. Johnson highlighted the stocks recent decline to about $22 per share, saying "I think on this little pullback here, we definitely should be buying this stock." "Not only does it look good technically, but also fundamentally," Johnson said. Piper Sandler analyst Erinn Murphy gives the stock an overweight rating and a $31 price target, implying 36% upside on the stock after ...

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The U.S. firm reported market-beating quarterly results last week. Roku shares are currently 30% down versus their February high. Roku Inc. (NASDAQ: ROKU) published its quarterly earnings report last week that resulted in an 11.5% increase in the stock on Friday. Despite the surge, Craig Johnson of Piper Sandler says there’s still more juice left in the stock that is trading more than 30% down compared to its year-to-date high of £332 per share in early February. Craig Johnson’s remarks on...

Roku in the first-quarter report posted its highest revenue growth rate since its 2017 IPO. Loop Capital Markets upgraded the stock to a buy with a $450 price target after the results, citing its impressive platform growth, increasing market share and the overall shift to digital streaming. "Theres no question the primary trend is still higher for Roku," Johnson, his firms senior technical research analyst, said Friday on CNBCs "Trading Nation." "From my perspective, the stock has gotten overso...

CNBCs "Trading Nation" asked two traders which theyre watching most closely. "I have my eye on Roblox because Roblox is essentially crack for kids," Danielle Shay, director of options at Simpler Trading, said Friday. "Their business model is a little bit questionable but lucrative. So, Im looking at this one to the upside." Roblox, which reports earnings Monday afternoon, is an online gaming platform with user-generated content, free to play but with in-game purchases made with "Robux." It is e...