Vector Trading Near Top Of Buy Zone With EPS On Tap

Vector (VGR) is trading within a buy zone as it gets ready to report earnings on May 5.

It’s trading approximately 4% above a 12.71 buy point from a second-stage cup with handle.


Be aware that buying just before a stock reports is risky, since an EPS or sales miss could send it sharply lower. You can minimize your exposure by waiting to see the actual numbers and the market’s reaction. Using an options strategy during earnings season is another way to put yourself in a position to profit, while minimizing the potential downside.

See How IBD Helps You Make More Money In Stocks

Earnings grew 86% last quarter, up from 21% in the prior report. Revenue also increased, from -4% to 9%.

Analysts expect EPS growth of -13% for the quarter, and an 8% gain for the full year.

The company has a 93 Composite Rating and holds the No. 1 rank among its peers in the Tobacco industry group. Altria (MO) and Universal (UVV) are also among the group’s highest-rated stocks.

Note: Dates for earnings reports are subject to change. Check the company’s website for any updates.


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