Expeditors International of Washington (EXPD) 11/11/09 PriceWatch Alert Could Hit 16.76% Return
Posted: Wednesday, November 11, 2009 8:46 AM EDT
By: Market Intelligence Center Staff
Expeditors International of Washington (NasdaqNM: EXPD) closed yesterday at $32.17. So far the stock has hit a 52-week low of $23.86 and 52-week high of $38.10. Expeditors International of Washington stock has been showing support around 31.72 and resistance in the 32.72 range. Technical indicators for the stock are Bearish and S&P gives EXPD a positive 4 STAR (out of 5) buy rating. EXPD appears on the Investors Observer Analysts Favorites list. For a hedged play on this stock, look at a Feb '10 30 covered call (URP BF) for a net debit in the $28.67 area. That is also the break even stock price for this trade. This covered call has a 101 day duration, provides 10.88% downside protection and a 4.64% assigned return rate for a 16.76% annualized return rate (comparison purposes only). Expeditors International of Washington has a current annual dividend yield of 1.18%. [WBA-Seven Summits Research]
CLICK HERE: FREE Expeditors International of Washington (EXPD) Stock ReportSee what our analysts have uncovered about Expeditors International of Washington (EXPD).