Watsco (WSO) 11/20/09 PriceWatch Alert Support At Around $49.67
Posted: Friday, November 20, 2009 8:41 AM EDT
By: Market Intelligence Center Staff
Watsco (NYSE: WSO) closed yesterday at $51.58. So far the stock has hit a 52-week low of $29.34 and 52-week high of $57.63. Watsco stock has been showing support around 49.67 and resistance in the 53.89 range. Technical indicators for the stock are Bearish and S&P gives WSO a neutral 3 STAR (out of 5) hold rating. WSO appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at a Jan '10 50 covered call (WSO AJ) for a net debit in the $48.58 area. That is also the break even stock price for this trade. This covered call has a 57 day duration, provides 5.82% downside protection and a 2.92% assigned return rate for an 18.72% annualized return rate (comparison purposes only). Watsco has a current annual dividend yield of 3.66%. [FBB-Seven Summits Research]
CLICK HERE: FREE Watsco (WSO) Stock ReportSee what our analysts have uncovered about Watsco (WSO).
More News For Watsco (WSO):
Potential Watsco (WSO) Trade Has 6.67% Downside Protection
Tuesday, February 14, 2012... Watsco (NYSE:WSO) closed Monday's dramatic trading session at $71.94. In the past year, the stock has hit a 52-week low of $50.45 and 52-week high of......
http://www.marketintelligencecenter.com/analyfav/1334391
Watsco (WSO) Could Break Through $72.02 Resistance Level
Wednesday, February 08, 2012... Watsco (NYSE:WSO) closed Tuesday's dramatic trading session at $70.91. In the past year, the stock has hit a 52-week low of $50.45 and 52-week high......
http://www.marketintelligencecenter.com/analyfav/1333265
Potential Watsco (WSO) Trade Has 9.62% Downside Protection
Friday, January 27, 2012... Watsco (NYSE:WSO) closed Thursday's negative trading session at $69.68. In the past year, the stock has hit a 52-week low of $50.45 and 52-week high......
http://www.marketintelligencecenter.com/analyfav/1330745
Watsco (WSO) Could Fall Through $65.95 Support Level
Monday, January 23, 2012... Watsco Inc. (NYSE: WSO) closed Friday's trading session at $67.30. In the past year, the stock has hit a 52-week low of $50.45 and 52-week high of......
http://www.marketintelligencecenter.com/analyfav/1329560
blog comments powered by