Sell to close the January 20, 2017 put on BIG with a strike price of $42.5 at 24c or higher. Symbol (BIG170120P42.5)Big Lots reported 3c for the third quarter, 4c better than the one penny loss expected and raised annual guidance by that amount. Revenue, however, missed estimates with comp… Read More

Name: Vulcan Materials (NYSE: VMC)Target: $165Buy Up to: $140Theme: Infrastructure spending.Catalyst: Funding from the  Federal Highway Bill (the FAST act) is driving new orders for the company’s paving materials. Another $200 billion of transportation funding was approved on November ballots, turning on the spigot of new projects for the next few… Read More

Sell to close the January 20, 2017 puts on L Brands with a strike price of $68.5 at $1.45 or higher. Symbol (LB170120P68.5)Despite L Brands issuing negative news in its third quarter earnings release two weeks ago and on its November sales report today, the stock is trading higher. When I… Read More

Sell Drew Industries (NYSE: DW) for a 35% gain in six months. The stock traded above my $100 target last week so we are booking this gain. I recommended Drew on June 1 based on the company’s strong position supplying parts for RV’s. The company has delivered with earnings growth of… Read More

Sell Lydall (NYSE: LDL) for a gain of 38% in less than five months.I recommended Lydall on July 13 due to its focus on materials used for roadway engineering but such a large move in a short period of time requires booking the gain.  It has gone up faster than I… Read More

I’m adding U.S. Concrete (NSDQ: USCR) and Integrated Device Technology (NSDQ: IDTI) to the portfolio. Both are  special situation stocks with near term catalysts to drive them higher:Buy U.S. Concrete (NSDQ: USCR) Pave your way to profits with this producer of ready mix concrete. U.S. Concrete has built its way… Read More