PACCAR (PCAR) NewsBite - PCAR Falls on Recession Fears

Posted: Wednesday, December 03, 2008 10:48 AM EDT
By: Market Intelligence Center Staff





PACCAR (NasdaqNM: PCAR) opened at $25.05. So far today, the stock has hit a low of $24.28 and a high of $25.99. PCAR is now trading at $25.98, down $0.41 (-1.55%). Over the last 52 weeks the stock has ranged from a low of $21.96 to a high of $58.09. Shares of PCAR are trading lower with the broader economy today after a weak productivity report from the Labor Department and a cut forecast from Research In Motion (RIMM) reignited investors' fears of an extended recession. Technical indicators for the stock are neutral and S&P gives PCAR a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on PCAR the stock seems like it could be a candidate for a December out-of-the-money bear-call credit spread above the 30 range. [ABR-Seven Summits Strategic Investments NewsBite]



CLICK HERE: FREE PACCAR (PCAR) Stock Report
See what our analysts have uncovered about PACCAR (PCAR).
More News For PACCAR (PCAR):

PACCAR (PCAR) Showing Resistance Near $43.86 With 1.64% Dividend Yield

Monday, February 13, 2012... PACCAR (NASDAQ:PCAR) closed Friday's negative trading session at $43.27. In the past year, the stock has hit a 52-week low of $31.57 and 52-week high......

http://www.marketintelligencecenter.com/analyfav/1334225

Potential PACCAR (PCAR) Trade Has 4.52% Downside Protection

Monday, February 06, 2012... PACCAR (NASDAQ:PCAR) closed Friday's favorable trading session at $44.25. In the past year, the stock has hit a 52-week low of $31.57 and 52-week......

http://www.marketintelligencecenter.com/analyfav/1332647

PACCAR (PCAR) Gains 3.1% as Earnings, Revenues Smash Estimates

Tuesday, January 31, 2012... PACCAR (NASDAQ: PCAR) jumped after the company reported EPS of 91 cents, beating estimates for 79 cents. Revenue also beat estimates, with U.S. and......

http://www.marketintelligencecenter.com/newsbites/1331541

PACCAR (PCAR) Showing Bullish Technicals With Resistance At $44.95

Tuesday, January 31, 2012... PACCAR Inc (NASDAQ: PCAR) closed Monday's trading session at $44.18. In the past year, the stock has hit a 52-week low of $31.57 and 52-week high of......

http://www.marketintelligencecenter.com/analyfav/1331357

Potential PACCAR (PCAR) Trade Has $43.70 Breakeven

Wednesday, January 25, 2012... PACCAR Inc (NASDAQ: PCAR) closed Tuesday's trading session at $45.00. In the past year, the stock has hit a 52-week low of $31.57 and 52-week high of......

http://www.marketintelligencecenter.com/analyfav/1330012


Related News For PCAR:
Hedged Trade Ideas For PCAR:



blog comments powered by Disqus


investorsobserver
OptionsXpress
Fidelity Investments
Brokers Xpress
money show 2011

FREE Daily Newsletter

 




Portions of this content may be copy written by Fresh Brewed Media, Investors Observer, and/or O2 Media LLC. SmartReadMX and other related related technologies used to produce content for this service are covered by US Patents numbers 7,865,496, 7,856,390, and 7,716,116.