CNBC’s “Fast Money” traders share their trades for Monday, November 10.
Tim Seymour said on the show that he would long telecommunications services provider AT&T Inc. (T). The name rallied back above $34.50 on Friday. T will have resistance located at $35 & $36 going forward.
On valuation-measures, shares of AT&T, Inc. have a trailing-12 and forward P/E of 10.68 and 13.38, respectively. P/E to growth ratio is 3.02, while T-12 profit margin is 13.05%. EPS registers at $3.27. The company has a market cap of $181.01B and a median Wall Street price target of $35.00 with a high target of $41.00.
Shares traded 0.55 percent higher on Friday.
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Pete Najarian thinks Yahoo Inc. (YHOO) is going higher. And rightly so. From a technical perspective, the web portal’s shares jumped higher on Friday right above some near-term resistance at $48. Shares also hit a new 52-week high, surpassing their previous high of $47.93 set on November 6. The move in YHOO should be considered a breakout given it was prompted from a well defined trendline. This pattern spells out further upside movement at this point.
Yahoo closed up 1.29% to $48.55 in Friday’s trading session.
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Brian Kelly said he’d sell CurrencyShares Swiss Franc Trust (FXF). The name keeps making lower lows. This trend to the downside is quickly pushing shares of FXF within range of triggering a major break of support level located at $100.
FXF gained $0.79, or 0.73%, to $101.10 on Friday
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Guy Adami thinks it’d be a good idea to long F5 Networks, Inc. (FFIV) on Monday. From a technical perspective, if the name manages to take out some key near-term overhead resistance levels at $128 will likely be heading up to the $135.
In the past 52 weeks, shares of Seattle, Washington-based company have traded between a low of $80.76 and a high of $128.30 with the 50-day MA and 200-day MA located at $118.27 and $114.10 levels, respectively. Additionally, shares of FFIV trade at a P/E ratio of 1.19 and have a Relative Strength Index (RSI) and MACD indicator of 62.71 and +5.49, respectively.
On valuation-measures, shares of F5 Networks, Inc. have a trailing-12 and forward P/E of 30.97 and 17.49, respectively. P/E to growth ratio is 1.19, while t-12 profit margin is 17.97%. EPS registers at 4.09. The company has a market cap of $9.30B and a median Wall Street price target of $131.00 with a high target of $153.00.
FFIV added 1.16% on Friday.
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