American Eagle Outfitters (AEO) NewsBite - AEO Higher on Financial Statement
Fri. August 29, 2008; Posted: 12:49 PM
Aug 29, 2008 (Fresh Brewed Media via COMTEX) --
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PowerRating -- American Eagle Outfitters (NYSE:
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PowerRating) opened at $14.76. So far today, the stock has hit a low of $14.58 and a high of $15.30. AEO is now trading at $15.06, up $0.27 (1.83%). The stock hit its 52-Week high of $27.29 in September and set its 52-Week low of $11.87 in July. Shares of American Eagle Outfitters have been trading higher today after the company released yesterday evening its financial statement. Technical indicators for the stock are bullish and S&P gives AEO a positive 5 STARS (out of 5) strong buy ranking. If you are looking for a hedged play on AEO the stock seems like it could be a candidate for an October out-of-the-money bull-put credit spread below the 12.50 range.
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For full details on American Eagle Outfitter (AEO)
click here. American Eagle Outfitter (AEO) has Short Term PowerRatings of 5. Details on American Eagle Outfitter (AEO) Short Term PowerRatings is available at
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