Main Street Capital (MAIN)
That expansion in the report’s universe of stocks brings us today’s Chart of the Week, Main Street Capital (MAIN).
We love this stock so long as it’s above the $45 level.
There’s a nice base, solid strength, and a ton of upside.
In fact, this baby could be looking at a double-up.
So long as we’re above $45, we’re looking at a target of $80 initially.
Below that level, there’s too much downside to get involved, but above it, we’re riding it up.
And while the options market is somewhat limited here given that MAIN is only a $3 billion company, the June 50 calls are there for 80 cents as an attractive play, as well.
Til next week, good trading,
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