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Morgan Stanley Upgrades Keurig Dr Pepper On Improved Valuation
Monday, February 24, 2020 - 10:25am | 380The bearish case for Keurig Dr Pepper Inc (NYSE: KDP) has come to an end after the stock's underperformance over the past year, according to Morgan Stanley. The Keurig Dr Pepper Analyst Dara Mohsenian upgraded Keurig Dr Pepper from Underweight to Equal-Weight with a price target lifted from $28...
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The Technician's Playbook: 11 Sector Pair Trades
Monday, March 13, 2017 - 2:57pm | 724A pair trade is a trading strategy, in which a long position is matched with a short position in a pair of highly correlated instruments such as stocks, options, commodities and ETFs. It's essentially buying an instrument, which may be considered and underperformer, and selling another...
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An Investor's Toolbox: The Pair Trade
Tuesday, July 19, 2016 - 1:51pm | 260When intending to bet one security will outperform another, investors often will enter into a pair trade to take advantage of the differences in performance. A pair trade is constructed when someone buys one security and shorts another with the intent to profit off of the spread between the future...
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Short Apple, Long Samsung: A Tech Pair Trade Explained
Thursday, June 16, 2016 - 7:49am | 298Peter Garnry of Saxo Bank, a Danish investment bank and advisory firm, explained on CNBC his latest pair trade idea of buying Samsung Electronics Co Ltd (OTC: SSNLF) and shorting Apple Inc. (NASDAQ: AAPL). According to the analyst, Apple made some blunders in Asia where it "mis-interpreted...
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Pair Trade? Vetr Crowd Downgrades Box, Upgrades Square
Tuesday, January 5, 2016 - 2:49pm | 186The Vetr crowd may have presented investors with a compelling pair trade thesis. The Vetr crowd downgraded Box Inc (NYSE: BOX)'s stock rating to 3.5-stars out of a possible 5-stars. Concurrently, the Vetr crowd upgraded Square Inc (NYSE: SQ)'s rating to a perfect 5 out of 5 stars from a previous...
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10% Annual Alpha? Why Pair Trades Make Sense When The Market Is Volatile
Monday, September 14, 2015 - 1:31pm | 464• A great way to generate alpha in an uncertain and volatile market could be pair trades. • Deutsche Bank’s pair trades model generates 10 percent annual alpha during backtesting. • Deutsche Bank’s model identifies divergence between highly-correlated, supply chain-...
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Luxury Handbag Pair Trade: Jefferies Likes Coach, Downgrades Vera Bradley
Tuesday, August 18, 2015 - 12:38pm | 360A new Jefferies report focuses on a specific retail segment that has been under a lot of pressure in recent years: handbags. Jefferies analyst Randal Konik believes that the results from a new handbag survey indicate that the worst of the downturn in the handbag market could now be in the rear-...
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Bank Of America's Pair Trade: Yahoo & Google
Friday, December 5, 2014 - 9:54am | 337Justin Post of Bank of America re-positioned media company ratings for 2015. The analyst downgraded shares of Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) to Neutral from Buy, while upgrading shares of Yahoo! Inc (NASDAQ: YHOO) to Buy from Neutral. "On a high level, our rating change provides...
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A Pair Trader's Nightmare: Coca-Cola Vs. PepsiCo
Wednesday, July 23, 2014 - 4:19pm | 827There are different ways to invest and/or trade issues in the stock market. Beside the traditional forms of either the outright purchase or options of an issue, there is another, less well-known form of investing known as pair trading. As defined by Investopedia, pair trading is “the...
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ETF Pair Trade To Maximize Profits In The Energy Sector
Friday, June 8, 2012 - 3:47pm | 1175Oil prices have been on a wild ride the last few years to say the least. There are many ways to play these trends. You can buy crude oil futures (NYM: CLN12.NYM) and hedge with airline stocks, though not always a good oil hedge. The point is that there are many options, but few maximize risk/...