NEW BULLISH Plays

Ingram Micro Inc. - IM - close: 29.86 change: +0.17

Stop Loss: 28.75
Target(s): 34.00
Current Gain/Loss: unopened

Entry on March -- at $--.--
Listed on March 05, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.5 million
New Positions: Yes, see below

Company Description

Why We Like It:
IM is in the services sector. The company distributes information technology products. The company reported earnings on February 13th that came in 10 cents better than Wall Street expected. Revenues were also significantly above expectations. The stock soared from $26 to $28.50 following its earnings report (with an intraday high near $30). Here is it three weeks later shares of IM have slowly worked their way back toward round-number resistance at $30.00.

The current rally has pushed IM to new 14-year highs. A breakout past $30 could be a new entry point. We're suggesting a trigger to buy IM at $30.15. If triggered our target is $34.00.

Trigger @ 30.15

Suggested Position: buy IM stock @ (trigger)

- (or for more adventurous traders, try this option) -

Buy the JUN $30 call (IM1421F30) current ask $1.50

Annotated chart:



Starz - STRZA - close: 32.97 change: +0.31

Stop Loss: 31.40
Target(s): 36.50
Current Gain/Loss: unopened

Entry on March -- at $--.--
Listed on March 05, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.0 million
New Positions: Yes, see below

Company Description

Why We Like It:
STRZA is in the services sector. The company is in the media and entertainment industry. Right now "content is king". Not only does STRZA distribute content they also make it. There is some speculation that STRZA is a takeover candidate by a larger media company.

The stock broke out to new highs in February. Since then STRZA has consolidated sideways to digest those gains. Now STRZA looks poised to run higher again. Today's high was $33.09. I am suggesting a trigger to open bullish positions at $33.35. If triggered our target is $36.50 over the next several weeks.

Trigger @ 33.35

Suggested Position: buy STRZA stock @ (trigger)

- (or for more adventurous traders, try this option) -

Buy the Apr $35 call (STRZA1419D35) current ask $0.65

Annotated chart: