Rockwell Collins (COL) PriceWatch Alert for February 9, 2010
Posted: Tuesday, February 09, 2010 8:43 AM EDT
By: Market Intelligence Center Staff
Rockwell Collins (NYSE: COL) closed yesterday at $52.23. So far the stock has hit a 52-week low of $27.67 and 52-week high of $57.63. Rockwell Collins stock has been showing support around 51.58 and resistance in the 53.32 range. Technical indicators for the stock are Bearish and S&P gives COL a positive 4 STAR (out of 5) buy rating. COL appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at an Apr '10 50 covered call for a net debit in the $48.73 area. That is also the break even stock price for this trade. This covered call has a 67 day duration, provides 6.70% downside protection and a 2.61% assigned return rate for a 14.20% annualized return rate (comparison purposes only). Rockwell Collins has a current annual dividend yield of 1.81%. [ATU-Seven Summits Research]
CLICK HERE: FREE Rockwell Collins (COL) Stock ReportSee what our analysts have uncovered about Rockwell Collins (COL).