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Earnings trade #1 -- Cerner Corp. (CERN)

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cerner corp earnings tradeCerner Corp. (NASDAQ: CERN) is a health care information technology provider, and that's a hot place to be right now.

The company reports on July 29, and earnings expectations are modest. In fact, only a third of covering analysts consider CERN a "buy," which leaves plenty of room for upgrades. The stock needs to break through potential resistance at $65, and earnings could give it that boost.

Buy CERN call options.

Next: Earnings Trade #2

Symbol Lookup
IndexesChangePrice
DJIA-17.2410,433.71
NASDAQ-6.832,169.18
S&P 500-0.591,105.65

Last updated: November 24, 2009: 10:01 PM

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