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Our top performer was pacemaker and medical device maker Medtronic (MDT +5.6%). The company reported better than expected quarterly revenue and earnings, and boosted its profit forecast for 2024. Verizon Communications (VZ +3.3%) continued its rebound that has taken the wireless telecom giant 20% higher over the past month. ....
On the buy write, if SCS closes above $12.50 at expiration on December 15, these calls would be assigned and our SCS stock would be sold at $12.50. This would produce a gain of $0.60 per share on $11.90 per share at risk, or 5.04%. Over a 24-day period, the annualized return would be 76.7%. ....
Steelcase Inc. (NYSE:SCS – Get Free Report)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $11.98 and last traded at $11.98, with a volume of 774096 shares trading hands. The stock had previously closed at $11.31. Analyst Ratings Changes A number of brokerages have recently commented on […] ....