General Electric (NYSE: GE) will report third quarter EPS on 10/12.
- Alex Brown says: "Given attractive risk/reward verses our $47 TP, we reiterate Buy."
- Investors and analysts have frequently called for the sale of NBC Universal because of its declining revenue and GE's 'Six Sigma' discipline not being compatible with Hollywood sensibilities.
- GE October option implied volatility of 24 is above its 26-week average of 20 according to Track Data, suggesting larger risk.
Stryker (NYSE: SYK), a medical technology company with a broad range of products in orthopedics and medical specialties, closed $73.14.
- SYK will report EPS on 10/17.
- SYK has been frequently subject to unconfirmed buyout chatter.
- SYK October option implied volatility of 34 is above its 26-week average of 25 according to Track Data, suggesting larger price fluctuations.
Daily options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
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