3 Stocks to Buy on Short Squeeze Hopes
The setup is just right for a boom -- increasing short interest despite a pretty technical picture
Stocks to Buy – Trinity Industries (TRN)
Click to Enlarge Trinity Industries (TRN) was on the stocks of interest list thanks to increased short interest activity. After a short rest, TRN stock is finding support at the $80 level.
Stifel upgraded its price target for Trinity shares from $86 to $90 based on the strong fundamental outlook.
I’ve mentioned lately that the stock market is getting closer to being fully valued by the market, but there is reason to believe that we could continue to see $90 in a relatively short time frame.
Article printed from InvestorPlace Media, http://investorplace.com/2014/06/stocks-to-buy-short-squeeze/.
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