Ads by Google

Credit Suisse Group (CS) With Support Around $54.91And an S&P 4 Stars Buy Rating

Oct 26, 2009 (Fresh Brewed Media via COMTEX) --

Company: Credit Suisse Group (CS)

Credit Suisse Group (NYSE: CS) ended the last trading session at $56.00. So far the stock has hit a 52-week low of $18.61 and 52-week high of $60.08. Credit Suisse Group stock has been showing support around 54.91 and resistance in the 57.35 range. Technical indicators for the stock are Bullish and S&P gives CS a positive 4 STAR (out of 5) buy rating. CS appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at a Dec '09 55 covered call (CS LK) for a net debit in the $52.60 area. That is also the break even stock price for this trade. This covered call has a 54 day duration, provides 6.07% downside protection and a 4.56% assigned return rate for a 30.84% annualized return rate (comparison purposes only). Credit Suisse Group has a current annual dividend yield of 0.10%.

ABR-Seven Summits Research Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

Copyright (C) 2009 FreshBrewedMedia. All rights reserved

News Provided by COMTEX

Company: Credit Suisse Group (CS)


Related terms: dividend, nyse, research, S&P, trade, yield

Related Articles

Credit Suisse Group (CS) Appears On Investors Observer Hedged Dividend Income List - Zibb.com
Nov 25, 2009
...60.08. Credit Suisse Group stock has been...out of 5) buy rating. CS appears on the Investors Observer Hedged Dividend...purposes only). Credit Suisse Group has a current...WBA-Seven Summits Research Goto www.iotogo...

eReader Customer Base Is Shrinking
Nov 3, 2009
...shrinking. A research report by Credit Suisse pointed out the irony. The U.S...between 1992 and 2002, according to a Credit Suisse analysis. In 1982, the literary...percent to 54.2 percent in 1992, Credit Suisse said. During the next 10 years...

Reliance bid for LyondellBasell may be first of many
Nov 23, 2009
...competition," he said. Indeed, Credit Suisse said more bidders would likely emerge...has since become a moving target. Credit Suisse said Reliance would not likely make...point, more bidders could emerge, Credit Suisse said. Sources told ICIS that possible...

Beurs.NL - Credit Suisse Asset Management Income Fund Inc - Koersverloop
Nov 11, 2009
home koersen Credit Suisse Asset Management Income Fund Inc Koersverloop Credit Suisse Asset Management Income Fund Inc - Koersverloop Credit Suisse Asset Management Income Fund Inc Periode: Dag Week Maand Jaar ...