NEW BULLISH Plays

Papa John's Intl. Inc. - PZZA - close: 50.84 change: +1.00

Stop Loss: 48.49
Target(s): 54.75
Current Gain/Loss: unopened
Time Frame: exit prior to the July 31st earnings report (unconfirmed)
New Positions: Yes, see below

Company Description

Why We Like It:
PZZA runs a pizza delivery and carry out chain. After consolidating sideways in the $45-50 zone for over two months the stock is breaking out to record highs. I am suggesting we hop on board the PZZA bandwagon. We'll launch positions at the open tomorrow. Nimble traders can try and wait and buy a dip near $50.00, which should be new short-term support. We're putting our stop loss at $48.49 to start. Our target is $54.75. FYI: The Point & Figure chart for PZZA is bullish with a $63 target.

Suggested Position: buy PZZA stock @ (the open)

- or -

buy the Aug $55 call (PZZA1218H50) current ask $0.60

Annotated chart:

Entry on July xx at $ xx.xx
Earnings Date 07/31/12 (unconfirmed)
Average Daily Volume = 115 thousand
Listed on July 17, 2011


Verisk Analytics - VRSK - close: 50.94 change: +0.93

Stop Loss: 49.75
Target(s): 54.50
Current Gain/Loss: unopened
Time Frame: exit prior to the July 31st earnings report (unconfirmed)
New Positions: Yes, see below

Company Description

Why We Like It:
VRSK is in the business services industry. The stock has been showing relative strength with a steady trend of higher lows. Just recently shares have managed to breakout past resistance near $50.00 and close at record highs.

I am suggesting bullish positions at the open tomorrow. Nimble traders could try and buy a dip near $50.00, which should be new support. Our target is $54.50 but we'll plan to exit prior to the late July/early August earnings report.

Suggested Position: buy VRSK stock @ (the open)

Annotated chart:

Entry on July xx at $ xx.xx
Earnings Date 07/31/12 (unconfirmed)
Average Daily Volume = 874 thousand
Listed on July 17, 2011