Small and large dividend stock and ETF investors can use covered calls and puts trades to generate monthly income from options premiums and options trading.
11.5.23. VRTX hasn't gotten much attention recently at SeekingAlpha.com. The last two ratings were buys and an Aug. 31 opinion recommended holding. I've been holding off waiting for a correction on the stock. But I'm getting to accept current valuations and trade short term puts on VRTX, preferably on a dip.
On Valuentum.com, VRTX gets a $356 fair value estimate. Morningstar.com gives VRTX two stars and a $314 fair value estimate, which means it's over bought. VRTX is trading at $385.56, up $9.355.
On Barchart.com, VRTX is a 100% buy. Analysts rate VRTX a strong buy. The highest target price on VRTX is $456. The mean target is $383.87. The low target is $315.
StockRover.com shows that VRTX is valued at a 25.9 price to free cash flow ratio. Its forward PE is 23.5.
On Valuentum.com, NVDA's FVE is $573. At Morningstar.com, NVDA is a three star stock with a $480 FVE. It is trading at $456.46, up $6.35 a share.
On Barchart.com, NVDA is a 64% buy. Of 38 analysts that posted target prices on NVDA, the highest target price is $1,100. The mean is $625.53 and the low TP is $460.
On StockRover.com, NVDA is valued at a 110.2 P/FCF ratio, which is too high for me. Its forward PE is 28.4. To me, the P/FCF ratio is more credible than the PE ratio.
Valuentum.com's FVE on META is $294 a share. META is a 3* stock on Morningstar.com, which says its FVE on META is $372. Meta is trading at $317, up $2.68.
On Barchart.com, META is a strong 88% buy. Analysts rate META a strong buy. The highest target price on META is $425. The mean TP is $381.11 and the low TP is $285.
On StockRover.com, META is shown to be valued at a 22.2 P/FCF ratio. Its forward PE is 20.2.
Bradley Guichard upgrades Amazon (AMZN) to a strong buy. He likes the strong increase in free cash flow. But he wonders whether AMZN can sustain the momentum?
Valuentum.com says its fair value estimate on AMZN is $109. It rates the stock as over bought. Morningstar.com gives AMZN three stars and a FVE of $155.
On Barchart.com, AMZN is rated a 72% buy. It shows that analysts rate AMZN a strong buy with the highest target price at $230 a share. The mean target is $172 and the low target is $123. It is trading at $140.26, up 1.18%.
AMZN is trading at an extremely high 86.5 price to free cash flow ratio. Its forward PE ratio also is hight at 47.4 times earnings.
If traders agree with this advice, they might trade weekly or bi-weekly MSFT puts at -.10 or -.12 deltas until the stock gets within 10% to 15% of $30p or so.
Valuentum.com gives MSFT a FVE of $307. Morningstar rates MSFT a 3* stock with a $370 FVE. MSFT is $356.91, up $4.10 a share.
On Barchart.com, MSFT is a strong 88% Buy. Analysts rate MSFT a strong buy. The highest target price is $450. The mean of 36 analysts is $393. The lowest target is $232.
MSFT's P/FCF ratio is a high 42.1. Its forward PE is a moderately high 26.4.
Is anybody reading these comments?
11.7.23. Near close. AMZN $143.11. Sold AMZN 11.24.23 (17 days) $135 puts for $0.63. Delta -.14.
META $319.11. Sold META 11.24.23 $310 puts (delta -.29 For $3.50.
MSFT $361..04. Sold MSFT 11.24.23 $342.50 puts delta -.13 for $1.17 a share.
CAT $234.90. Sold CAT 11.24.23 $220 puts delta -.11 for $0.70 a share.
I have expiring puts on CAT, MSFT and AMZN, which was called last week at $137. META is a new position for me.
VRTX is up $9.62 today. I'll wait for lower prices to sell VRTX puts.
11.5.23. VRTX hasn't gotten much attention recently at SeekingAlpha.com. The last two ratings were buys and an Aug. 31 opinion recommended holding. I've been holding off waiting for a correction on the stock. But I'm getting to accept current valuations and trade short term puts on VRTX, preferably on a dip.
On Valuentum.com, VRTX gets a $356 fair value estimate. Morningstar.com gives VRTX two stars and a $314 fair value estimate, which means it's over bought. VRTX is trading at $385.56, up $9.355.
On Barchart.com, VRTX is a 100% buy. Analysts rate VRTX a strong buy. The highest target price on VRTX is $456. The mean target is $383.87. The low target is $315.
StockRover.com shows that VRTX is valued at a 25.9 price to free cash flow ratio. Its forward PE is 23.5.
11.5.23. NVDA getting buy and hold ratings at SeekingAlpha.com.
On Valuentum.com, NVDA's FVE is $573. At Morningstar.com, NVDA is a three star stock with a $480 FVE. It is trading at $456.46, up $6.35 a share.
On Barchart.com, NVDA is a 64% buy. Of 38 analysts that posted target prices on NVDA, the highest target price is $1,100. The mean is $625.53 and the low TP is $460.
On StockRover.com, NVDA is valued at a 110.2 P/FCF ratio, which is too high for me. Its forward PE is 28.4. To me, the P/FCF ratio is more credible than the PE ratio.
On SeekingAlpha.com, most analysts are bullish on META. Nexus upgrades META.
https://seekingalpha.com/article/4647366-meta-stock-upgrade-ai-growth-exposure-at-reasonable-price
Lighting Rock Research says META is a sell because of a 16% increase in capital expenditures in FY24, FTC regulatory risk. "Maintain 'Sell'". https://seekingalpha.com/article/4647366-meta-stock-upgrade-ai-growth-exposure-at-reasonable-price
Valuentum.com's FVE on META is $294 a share. META is a 3* stock on Morningstar.com, which says its FVE on META is $372. Meta is trading at $317, up $2.68.
On Barchart.com, META is a strong 88% buy. Analysts rate META a strong buy. The highest target price on META is $425. The mean TP is $381.11 and the low TP is $285.
On StockRover.com, META is shown to be valued at a 22.2 P/FCF ratio. Its forward PE is 20.2.
Bradley Guichard upgrades Amazon (AMZN) to a strong buy. He likes the strong increase in free cash flow. But he wonders whether AMZN can sustain the momentum?
https://seekingalpha.com/article/4647674-3-reasons-amazon-is-a-strong-buy-after-q3-earnings-rating-upgrade
Valuentum.com says its fair value estimate on AMZN is $109. It rates the stock as over bought. Morningstar.com gives AMZN three stars and a FVE of $155.
On Barchart.com, AMZN is rated a 72% buy. It shows that analysts rate AMZN a strong buy with the highest target price at $230 a share. The mean target is $172 and the low target is $123. It is trading at $140.26, up 1.18%.
AMZN is trading at an extremely high 86.5 price to free cash flow ratio. Its forward PE ratio also is hight at 47.4 times earnings.
11.5.23. Juxtaposed Ideas things "Microsoft is too expensive here–wait for a pullback. Suggests that investors wait for the stock to fall to the $305 area. https://seekingalpha.com/article/4647283-microsoft-is-too-expensive-here-wait-for-a-pullback
If traders agree with this advice, they might trade weekly or bi-weekly MSFT puts at -.10 or -.12 deltas until the stock gets within 10% to 15% of $30p or so.
Valuentum.com gives MSFT a FVE of $307. Morningstar rates MSFT a 3* stock with a $370 FVE. MSFT is $356.91, up $4.10 a share.
On Barchart.com, MSFT is a strong 88% Buy. Analysts rate MSFT a strong buy. The highest target price is $450. The mean of 36 analysts is $393. The lowest target is $232.
MSFT's P/FCF ratio is a high 42.1. Its forward PE is a moderately high 26.4.