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AHG None

New Long Plays

Apria Healthcare - AHG - cls: 32.37 chg: +0.05 stop: 29.99

Company Description:
Apria provides home respiratory therapy, home infusion therapy and home medical equipment through approximately 500 branches serving patients in all 50 states. With approximately $1.5 billion in annual revenues, it is the nation's leading homecare company. (source: company press release or website)

Why We Like It:
We still believe there is a chance that this week will see some window dressing by money managers. So far the market has been caught somewhat off guard by the news on new home sales and then the news from Lennar today. Yet that isn't stopping the bullish trend in AHG. We're suggesting long positions now with shares above $31.00. More conservative traders may want to see a new high over $33.00 before considering new positions. We'll put our stop at $29.99 while conservative types might want to use a tighter stop. Our target is the $35.75-36.00 range. We do not want to hold over the late April earnings report.

Editor's note: We apologize for the charts today. Our normal charting program was having technical difficulties.

Picked on March 27 at $32.37
Change since picked: + 0.00
Earnings Date 04/24/07 (unconfirmed)
Average Daily Volume: 910 thousand
 

New Short Plays

None today.
 

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