11/11 Best Idea For The Week Ahead

Last week when I didn’t post a best idea because I thought the market had run too far too fast, I had no idea what we were about to follow up with. I did jokingly note that Microsoft had an all time high weekly close and that wasn’t bearish, but no I didn’t see the 2nd biggest company in the world following up with a 5%+ gain this week. These are just amazing moves.

It’s getting really, really hard to see value in lots of this market, but I think I found one this week trading sub 15x next years earnings with a near 5% free cash flow yield and over a $70B market cap with bullish options flows is a tough thing to find in this environment. I don’t see a lot of people talking about this name, but the average analyst target is 20% higher and the chart setup is nice, so let’s take a look at