This stock has been chosen as a JUMP candidate for its upcoming earnings catalyst that is likely to move the stock between 5-20% post release. To conduct further research on the financials, analyst views and pivot points visit the Inside Mole research tool. This report is based on our analysis and opinions and the trade plan is how we intend to trade this event. As a self-directed trader you may decide to take a different approach to this event. For details on how we trade these events watch the video below.
Target: Trip Adviser, Inc. (TRIP)
Earnings Release Date: 5/08/18 (After Market Close)
Position Entry Time: (at or near EOD-end of day)
Last 3 Quarters: “Jump Zone” Move: 15.47%, -23.57%, -10.13%
Consensus Estimates: ($.15 whisper) ($.16 estimize) ($.16 wall street)
(** always check in the trade room 30 minutes prior to close for last minute trajectory updates
ANALYSIS: StockJumpers trajectory analysis reveals a beat and positive market sentiment on the release news. Most analysts have them as meeting but we think they will do better than expectations. The stock popped 15% last quarter even on a miss, based on forward guidance which is now – this quarter. This may not be one to bet the farm on, so our trade allocation will be conservative, but we are in the buy zone here.
Overall we are LONG for the event and will buy before end of day and add to our position once we see the numbers.
(Note: This is an after-market release – today)
TARGET ‘JUMP ZONE’ POTENTIAL: 8-10%
CONFIDENCE RANKING: 8
POTENTIAL OPTIONS CONTRACT: NONE
Click here to go to the research page to review the current financials and analysis of this stock before you place any positions. Just enter the ticker symbol.