This food stock is one to watch as earnings season kicks into high gear, traders say (via TradingNation)
"We are going to be watching very closely," Nancy Tengler, chief investment officer at Laffer Tengler Investments, said in the Friday interview.," which reports on Tuesday, Tengler said. "We'd love to buy more, but the stock's up 50% from where we made our initial purchase. So, we'll be listening very closely to see what the company's guidance is for delivering food coming out of the other side of this.
"There's two names that kind of stand out to me from a trading perspective in here, and the first I would point out would be Netflix," he said, pointing to its chart.. It's also above its 200-day moving average, which I would note is rising at this point in time," Johnson said. "I look at a stock like this: You're 75% off the lows. You're back above your 200-day moving average," he said.
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