TraderDanER

October 23 Earnings: Owen-Illinois - Currency advantage

Long
TraderDanER Mis à jour   
NYSE:OI   O-I Glass, Inc.
Owen-Illinois is going to benefit from the strength of the Euro and the Mexican Peso with its international operations.
Better price-cost margins enhancing system pricing to aid overall sales in the quarter.

Even with the company's higher costs with overall operational expenses, I believe the pros outweigh.

I believe the company will benefit from the aforementioned factors and am starting OI with a $27.00 PT.
A tight stop loss to prevent 52-week high slippage is advised going into earnings.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.