Dividend Stocks and a Handy Earnings Spreadsheet!
This week we provided a table of the past moves in notable stocks reporting earnings over the next week, along with average and median moves and standard deviation of the moves over the last five years.
View the original Cherry Picks email newsletter and download the referenced earnings data here.
Dividend stocks have been in focus recently. With the rise in rates—dividend yields vs cash alternatives have tightened which can contribute to the downside pressure in these stocks. As real yields rise on risk free Treasury bills, the dividend-paying stocks become less valuable as they have downside potential.
Meanwhile, PayPal (PYPL) has been one of the unloved tech names of the past three years and is currently sitting at multi year lows. The current implied volatility (IV) projects a roughly +/- $4.54 expected move through the end of the week. PayPal will report earnings on Nov. 1.
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Michael Rechenthin, Ph.D., (aka “Dr. Data”), managing director of research and development, has 25 years of trading and markets experience. He is best known for his weekly Cherry Picks newsletter. On Thursdays, he appears on Trades from the Research Team LIVE.
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