Earnings Preview For Boston Scientific (BSX)
Posted: Tuesday, February 09, 2010 1:46 PM EDT
By: Market Intelligence Center Staff
Boston Scientific (NYSE: BSX) opened at $8.22. So far today, the stock has hit a low of $8.08 and a high of $8.24. BSX is now trading at $8.18, up $0.03 (0.38%). The stock hit its 52-Week high of $11.77 in September and set its 52-Week low of $6.08 in March. Boston Scientific is going to be reporting its fourth quarter numbers tomorrow, and analysts are expecting to see earnings of 13 cents per share, in-line with the same period last year. Technical indicators for the stock are bullish and S&P gives BSX a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on BSX the stock seems like it could be a candidate for a May out-of-the-money bull-put credit spread below the 7 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Boston Scientific (BSX) Stock ReportSee what our analysts have uncovered about Boston Scientific (BSX).
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