360° Coverage : Relative Strength Alert For American Eagle Outfitters

2 Updates

Relative Strength Alert For American Eagle Outfitters

Apr 10 2014, 3:27pm CDT | by

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two...

Filed under: news

 
 
 

22 weeks ago

Relative Strength Alert For American Eagle Outfitters

Apr 10 2014, 3:27pm CDT | by

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. American Eagle Outfitters, Inc. (NYSE: AEO) presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most “interesting” ideas that merit further research by investors.

But making American Eagle Outfitters, Inc. an even more interesting and timely stock to look at, is the fact that in trading on Thursday, shares of AEO entered into oversold territory, changing hands as low as $11.27 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.

Click here to find out what 9 other oversold dividend stocks you need to know about, at DividendChannel.com »

In the case of American Eagle Outfitters, Inc., the RSI reading has hit 29.2 — by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 51.1. A falling stock price — all else being equal — creates a better opportunity for dividend investors to capture a higher yield. Indeed, AEO’s recent annualized dividend of 0.50/share (currently paid in quarterly installments) works out to an annual yield of 4.25% based upon the recent $11.77 share price.

A bullish investor could look at AEO’s 29.2 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on AEO is its dividend history.

In general, dividends are not always predictable; but, looking at the history chart below can help in judging whether the most recent dividend is likely to continue.


Can your brain be trained to become a chart-predicting wizard? Click here to find out
/>/>
 
Update
2

2 weeks ago

Khazanah throws MAS RM6b lifeline

Aug 29 2014 5:01pm CDT | Source: Business Times Singapore

August 30, 2014 1:15 AMKHAZANAH Nasional will inject RM6 billion (SS$2.4 billion) over three years to resuscitate loss-making Malaysia Airlines (MAS) under a recovery plan that includes even an Act of Parliament. Other key moves are migrating its operations, assets and liabilities to a new company (NewCo) and s ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
1

2 weeks ago

MAS posts loss of RM307m for Q2

Aug 28 2014 5:00pm CDT | Source: Business Times Singapore

August 29, 2014 1:13 AMMALAYSIA Airlines (MAS) registered a loss of RM307 million (S$122 million) for the second quarter to end-June, but warned of worse to come in the second half when the "full financial impact of the double tragedies of MH370 and MH17 ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.

 

blog comments powered by Disqus

Latest stories

NASA to make major announcement about spacecraft contracts
Washington, Sep 17 (IANS) US space agency NASA said Tuesday it will make a "major announcement" regarding the awarding of contracts to build commercial spaceships that will send the country's astronauts to space soil by 2017.
 
 
Chip in to enhance links, president tells Indians in Vietnam
Ho Chi Minh City, Sep 16 (IANS) The Indian diaspora in Vietnam can play a "significant role" as a "bridge" in deepening relations between the two countries, President Pranab Mukherjee said Tuesday.
 
 
Ho Chi Minh City's rise as economic hub marvellous: President
Ho Chi Minh City, Sep 16 (IANS) Lauding the perseverance and success of the people of Vietnam, President Pranab Mukherjee Tuesday expressed admiration at how Ho Chi Minh City has transformed into a prosperous regional economic hub.
 
 
Modi government improved economy, India's global image: President
Ho Chi Minh City, Sep 16 (IANS) In a departure from custom, President Pranab Mukherjee Tuesday largely abandoned his prepared speech to the Indian community in Vietnam and instead extolled the Narendra Modi government for its steps to improve the economy and burnish India's global image.
 
 
 

Latest from the Network

Spanish minister warns against Catalonia independence vote
Madrid, Sep 17 (IANS) Spanish Minister of Foreign Affairs Jose Manuel Garcia-Margallo warned that if Catalonia region continues with plans to hold an independence referendum Nov 9, the regions status as an autonomous...
Read more on Politics Balla
 
Men are pigs: Kelly Brook
London, Sep 17 (IANS) Actress-model Kelly Brook targets at her ex-boyfriends Billy Zane and Jason Statham again by branding them as "pigs". The "Piranha 3D" star released her tell-all memoir "Close Up" earlier this...
Read more on Celebrity Balla
 
Dutch Supreme Court upholds sentence in child abuse case
The Hague, Sep 17 (IANS) Dutch Supreme Court Tuesday upheld the 19 years jail sentence of a man, who abused 67 young children in a child care centre. In April last year Robert M. was sentenced to 19 years in prison...
Read more on Politics Balla
 
Kate Moss is Kristin Cavallari's style icon
Los Angeles, Sep 17 (IANS) Reality TV star Kristin Cavallari admires Supermodel Kate Moss' "effortless" dressing and describes her as the "ultimate" style icon. The former "The Hills" star, who gave birth to her...
Read more on Celebrity Balla
 
NASA to make major announcement about spacecraft contracts
Washington, Sep 17 (IANS) US space agency NASA said Tuesday it will make a "major announcement" regarding the awarding of contracts to build commercial spaceships that will send the country's astronauts to space soil...
Read more on Apple Balla
 
US says it wants India to have good relations with China too
Washington, Sep 16 (IANS) Ahead of Chinese President Xi Jinping's visit to India, the US says it has a very broad relationship with India and wants New Delhi to have good relationships with all the countries in the...
Read more on Politics Balla
 
22 Palestinians arrested on suspicion of rioting
Jerusalem, Sep 16 (IANS) Jerusalem police and border patrol officers have arrested 22 Palestinians on suspicion of rioting in east Jerusalem in recent days, Israeli police said in a statement Tuesday. Among the...
Read more on Politics Balla
 
Iraqi troops retake villages, US jets pound IS positions (Roundup)
Baghdad, Sep 16 (IANS) Iraqi security forces Tuesday recaptured several villages in heavy clashes with extremist insurgent groups, while US warplanes expanded their airstrikes and pounded Islamic State militants near...
Read more on Politics Balla
 
London's Muslims call for peace after beheading of Briton by IS
London, Sep 16 (IANS/RAY) London's Muslims are fearful of a backlash from indigenous Britons following the beheading of British national David Haines in West Asia by militants of the Islamic State (IS) terrorist group...
Read more on Politics Balla
 
Iggy Azalea's ex-boyfriend owns the rights to alleged sex tape?
Iggy Azalea's ex-boyfriend claims she indirectly gave him permission to release and market their alleged sex tape. Hefe Wine, who also previously managed the 'Fancy' hitmaker, says she signed a contract in 2009 giving...
Read more on Celebrity Balla