T, HOG, SJM, V Covered In Lee Allen Report Today

Posted: Thursday, April 09, 2009 10:10 AM EDT

AT&T (T), Harley Davidson (HOG), JM Smucker Co. (SJM) and Visa (V) were covered in a Lee Allen Report today. To see the report, and read Lee's thoughts on the cell phone market, go to http://www.iotogo.com/la040909 . T is now at $25.79, up $.40 (1.58%) on volume of 2,527,954 shares traded. Over the last 52 weeks the stock has ranged from a low of $20.90 to a high of $40.70. A T and T stock has been showing support around $24.75 and resistance in the $26.09 range. Technical indicators for the stock are bullish and S&P gives T a positive 5 STARS (out of 5) strong buy ranking. If you are looking for a hedged play on T the stock seems like it could be a candidate for a May out-of-the-money bull-put credit spread below the 23 range. [ABR-Seven Summits Strategic Investments NewsBite]

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