Subscriber Alert: closed SMTX; added ANTM

SMTX is being acquired for $6.044. The price is currently at $5.92. While I am not happy with the offer as I was targeting $9 I am not going to wait for the negotiations or counteroffers. Just going to move money to ANTM. In the end, a 36% gain on SMTX is not that bad, especially over such a short holding period.


ANTM - love the price action with a big nice candle from the support line which was previously its resistance. This is particularly nice given the resistance held for a year and a half with price approaching it 4 times.

My readers know that I only use technical signals if they confirm strong fundamentals. This breakthrough is confirmed by strong predictions for ANTM. As you can see below EPS is predicted to grow nicely in the next few years. This growth is backed up by the continued growth in revenues. With a predicted EPS of $32, we are looking at a price target of ~$620 (using P/E of 20). The current price is $328, so we are looking at a potential 90% gain by the beginning of 2023.



Disclaimer: I own ANTM stock. I do not suggest you should buy any of the stocks I write about. As usual, please do your own due diligence before investing your own money in any of the stocks I write about. The above analysis is quite basic and just gives ideas for further research. A much deeper analysis is required for each stock, including the analysis of operations, debt, etc. I may sell any of the stocks at any moment before it reaches the targets that I set or keep them for even when they reach the target.

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