Stock Alert: STRL Is Positioned To Gain Big

  • Posted August 30, 2017

Sterling Construction (STRL: NASDAQ) is positioned to gain big over the coming weeks.

Thanks to the National Inflation Association for shining light on STRL. They sent out the suggestion Monday August 28th, when the price was $10.25 per share. As of the close Tuesday August 29th, it was already up to $11.99 per share.

To give an example of the gains that are available, in a little over a day, options at the $12.50 price, expiring in December 2017 had already gained over 150% ! But what is fueling this stock?

Sterling Construction is an infrastructure company based just outside of Houston, TX.

But that’s not all. Even before Hurricane Harvey devastated the area, the company was highlighted to gain from national transportation projects. Now, add in all of the Houston area projects that they could bid on during the rebuild phase after Hurricane Harvey, and this company could hurdle it’s all time highs in value.

 

strl2

 

As you can see, there is some resistance in the $13 range…but if it can clear the $14 range, there is not much to hold it back.

Of note, in NIA’s suggestion, they had mentioned that it could reach $15-$20.

Con: On the flip side, Unicorn Bay has STRL’s book value listed at only $4.86.

Whether or not you decide to enter a position on STRL, consider donating some of your profits to those affected by Hurricane Harvey.

-Travis

JMJ – IOGD

  • you can probably exit this position now with a nice gain!
    The current price is $17.93 🙂

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