Wednesday, January 5, 2011

CSTR Basing

I like the chart here and would be a buyer if I had any money left.

P/E falling from 39 to 22. Double-digit sales growth, favorable analyst opinions, and earnings estimates nudging up.

Disclosure: I have a Jan $39/$44 CSTR bull call spread. Sort of in the money with the stock at $57.02.

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