Henry Schein (HSIC) Climbed Over 1% Yesterday And Stock Has Positive 4 STARs S&P Rating
Posted: Tuesday, November 03, 2009 9:16 AM EDT
By: Market Intelligence Center Staff
Henry Schein (NasdaqNM: HSIC) closed yesterday at $53.57. So far the stock has hit a 52-week low of $32.08 and 52-week high of $56.92. Henry Schein stock has been showing support around 52.49 and resistance in the 54.43 range. Technical indicators for the stock are Bearish and S&P gives HSIC a positive 4 STAR (out of 5) buy rating. HSIC appears on the Investors Observer Momentum Plays list. For a hedged play on this stock, look at a Jan '10 50 covered call (HQE AJ) for a net debit in the $48.97 area. That is also the break even stock price for this trade. This covered call has a 74 day duration, provides 8.59% downside protection and a 2.10% assigned return rate for a 10.37% annualized return rate (comparison purposes only). Henry Schein does not pay dividends at this time. [ATU-Seven Summits Research]
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