Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • AI Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    • Postcards
Login Archives Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • AI Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    • Postcards
    ×
  • Subscribe
Enter stock ticker or keyword
×
Join 100,000+ Like-Minded Investors Today
Twitter
Tags: Options
Stocks: AMCR

The Best Reopening Trade You Never Thought to Make

By Chris Johnson, Quantitative Specialist, Money Morning • June 3, 2021

Start the conversation

Leave a Reply Click here to cancel reply.

You must be logged in to post a comment.

Chris JohnsonChris Johnson

As the global economy continues to reopen, some of the biggest breakout candidates aren't so hard to imagine - stocks like last week's real estate pick, Iron Mountain, or our play on famous Brewmeister Molson Coors earlier last month.

But some other big opportunities hitting my radar now aren't the most easily recognizable "post-COVID-19" plays.

Today, I'm zeroing in on a shipping stock in the early stages of a mid- to long-term runup. Analysts may not be impressed by its modest 4% year-to-date gain, but with a hand in every consumer market across several continents and a wealth of technical indicators adding some steam to the rally, I'm expecting big things from this stock over the next few months.

This Stock Won't Fly Under the Radar for Long

Shipping probably isn't the first thing that comes to mind when looking for a piece of the reopening elation buzz...

Frankly, it isn't sexy. It doesn't scream "summer fun" or "the pandemic's over."

But it's a vital piece of the ongoing economic recovery, and it's a plea felt by enormous cross sections of the market.

Demand for everything from groceries to pharmaceuticals and retail goods is quickly outplacing supply. And as companies everywhere ramp up production to fulfill a backstock of orders, the one thing they'll need more than anything is shipping containers.

Enter Amcor Plc. (NYSE: AMCR).

This shipping specialist manufactures packaging for just about anything you can think of. And as global economies continue reopening, stocks like this will soon become essential to restoring "business as usual."

Last month, Amcor announced earnings, narrowly missing EPS expectations by about 5% and welcoming a horde of critics and short sellers. But with a promising forward-looking position and upward-trending shares after finding some support from its 50-day moving average, I'm expecting a long-term bull run for AMCR stock - not to mention a potential short squeeze to supercharge the impending breakout.

Here's exactly how you should play it now:

Action to Take No. 1: Buy shares of Amcor Plc. (NYSE: AMCR) using a limit order of $15.

Action to Take No. 2: Buy to open AMCR Jan. 21, 2022 $12 calls (AMCR220121C00012000) using a limit order of $0.90.

One More Thing...

The one big takeaway from today's edition of Fast Profits: Sometimes the biggest winners aren't the most obvious. And they don't always have to be.

Today's market is overrun by new traders acting on nothing more than a hunch. But sometimes, the biggest paydays are brewing in corners of the market where you'd never think to look.

Take Tom Gentile's readers - those folks, mostly everyday traders with no professional experience, having been raking in gains like 90%, 149%, and 233% in less than 24 hours.

And not by trading on sentiment or snappy headlines from Finance Media....

But by using the time-tested system of a trading expert - Tom's "Four-Day Profit Cycle." It's as simple as making an easy, no fuss trade like this and waiting for the returns to come rolling in - sometimes in a matter of hours.

Just click here to let Tom show you how it's done...

Follow Money Morning on Facebook and Twitter.

Here Are 10 “One-Click” Ways to Earn 10% or Better on Your Money Every Quarter

Appreciation is great, but it’s possible to get even more out of the shares you own. A lot more: you can easily beat inflation and collect regular income to spare. There are no complicated trades to put on, no high-level options clearances necessary. In fact, you can do this with a couple of mouse clicks – passive income redefined. Click here for the report…

Claim My Free Report

Chris JohnsonChris Johnson

About the Author

Browse Chris's articles |

Chris Johnson is a highly regarded equity and options analyst who has spent much of his nearly 30-year market career designing and interpreting complex models to help investment firms transform millions of data points into impressive gains for clients.

At heart Chris is a quant - like the "rocket scientists" of investing - with a specialty in applying advanced mathematics like stochastic calculus, linear algebra, differential equations, and statistics to Wall Street's data-rich environment.

He began building his proprietary models in 1998, analyzing about 2,000 records per day. Today, that database, which Chris designed and coded from scratch, analyzes a staggering 700,000 records per day. It's the secret behind his track record.

Chris holds degrees in finance, statistics, and accounting. He worked as a licensed broker for 11 years before taking on the role of Director of Quantitative Analysis at a big-name equity and options research firm for eight years. He recently served as Director of Research of a Cleveland-based investment firm responsible for hundreds of millions in AUM. He is also the Founder/CIO of ETF Advisory Research Partners since 2007, noted for its groundbreaking work in Behavioral Valuation systems. Their research is widely read by leaders in the RIA business.

Chris is ranked in the top 99.3% of financial bloggers and top 98.6% of overall experts by TipRanks, the track record registry of financial analysts dating back to January 2009.

He is a frequent commentator on financial markets for CNBC, Fox, Bloomberg TV, and CBS Radio and has been featured in Barron's, USA Today, Newsweek, and The Wall Street Journal, and numerous books.

Today, Chris is the editor of Night Trader and Penny Hawk. He also contributes to Money Morning as the Quant Analysis Specialist.

… Read full bio

Subscribe
Login
Notify of
guest

guest

0 Comments
Inline Feedbacks
View all comments


Latest News

September 14, 2023 • By Garrett Baldwin

This Is My Biggest Economic Fear

September 14, 2023 • By Shah Gilani

earnings
What You Should Do About AI's Latest IPO Right Now

September 14, 2023 • By Addison Wiggin

Rapid Intensification
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Penny Hawk Midday Momentum
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Quantum Data Profits Flashpoint Trader Darknet Alpha Accelerators Brutus Alerts Resource Traders Alliance L.A.U.N.C.H. Investor Rob Roy Trader Long-Term Equity Profits

© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell or Share My Personal Information

wpDiscuz