4 Top-Rated China Recovery Stocks to Buy Now
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Qwest Communications (Q)
By Nick Atkeson and Andrew Houghton
To get your account to flow green like St. Patrick’s Day beer, consider buying long-dated options in Qwest Communications (Q).
Denver-based Qwest provides data, Internet, video and voice services. The company has a yield of 6.7% and earnings of 35 cents. The yield has provided
support for the stock and attracted value investors, but the type of investor may be changing as the company is pointing to growth drivers for the
first time in years.During the past two weeks, we have seen a surge of call buying in Q. Call open interest has grown from 81,000 contracts to 123,000. What is really
amazing is put open interest is only 15,000 contracts. Clearly, institutional options investors believe Qwest will show them the money.We recommend that you “buy to open” Q Jan 5 Calls (VES 110122C00005000).
In June 2007, the stock was at $10, and in March 2000, the stock was at $66. If the stock returns to anywhere near this level, investors will be
seeing lots of green.Related Articles:
Top-Rated China Recovery Stocks to Buy Now
China is on the verge of a real estate bull market the likes of which we’ve never seen before, and the biggest profit-taker of
all will be this little-known $4 stock. Get the full story here, plus three
more top-rated China stocks set to double.
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