Option Idea of the Week: Masco Corporation
The shares of Masco Corporation (NYSE:MAS) -- which manufactures home improvement and building products -- have been on a tear in 2012 muscling more than 53% higher. Leading the stock into the black have been its 10-week and 32-week moving averages which ushered MAS to a fresh two-year peak of $16.48 in mid-September. What's more the security recently powered north of the $14.50-$15 neighborhood which halted MAS' rally attempts from late 2010 until September 2012 but could now switch roles to act as support. However despite its technical prowess -- or its fundamental prospects in the wake of Hurricane ...
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