9 Father's Day Trades
-
Father's Day Trade #7: Cabela's Inc. (CAB)
By Chris Johnson and Jon Lewis
Every year, fathers from all corners make the pilgrimage to one of the temples of outdoor sports -- Cabela's Inc. (CAB). With more than 30 stores around the United States and Canada, the outdoor outfitter provides dad with almost anything needed to venture into the great outdoors.
CAB's stock is headed into a seasonally strong period, as summer months often see the shares head higher. We like the stock's recent short-term pullback to the May lows as an opportunity to purchase shares before the summer rush kicks in.
'Call' yourself an options trader? Then 'put' yourself to the test to see how good you really are.
More By This Expert
John Lansing
The 'MAC' Daddy of Moving Averages
Learn how the Moving Average Convergence/Divergence (MACD) can help you to identify when a stock is overbought or oversold.
Technical Analysis 101: Buying Pressure
Find out how buying pressing can help you to identify potential long positions.
Technical Analysis 101: Trading Volume
Learn how to use volume to help you to spot potential breakouts and protect yourself from consolidations.
Technical Analysis 101: Resistance and Support Levels
Expert explains how technical support and resistance levels are formed.
Technical Analysis 101: Cup-and-Handle Pattern
Learn how to use this pattern to identify the potential for a stock to break out.
MOST POPULAR
- What's Hot: DELL, DHI November 20, 2009
- Sidewinder: MCD, DKS, JPM November 20, 2009
- Options News: SII November 20, 2009
- Sidewinder: CY, ADSK, KG November 19, 2009
- Options for Dummies November 19, 2009




