Express Scripts (ESRX) Hits 52-Week High

Posted: Monday, November 23, 2009 2:54 PM EDT

Express Scripts (NasdaqNM: ESRX) hit a new 52-Week high of $87.79 so far today. Currently the stock is up $2.27 (2.67%) to $87.36 on 1,429,991 shares traded. Today's high is up $44.61 from a 52-Week Low of $42.75. Express Scripts stock has been showing support around $82.48 and resistance in the $86.74 range. Technical indicators for the stock are bullish and S&P gives ESRX a positive 5 STARS (out of 5) strong buy ranking. If you are looking for a hedged play on ESRX the stock seems like it could be a candidate for a February out-of-the-money bull-put credit spread below the 75 range. [ABR-Seven Summits Strategic Investments NewsBite]

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