ARTICLE SYNOPSIS...Shares of Novellus have risen nearly 88% since October 4, 2011, and with a new long buy signal waiting to be triggered, the stock may see $50 sooner rather than later.
ARTICLE SYNOPSIS...Was last week's tumble in the S&P 500 just a shakeout, or was its subsequent two-day rally a complete fakeout? Who knows, but based on pure momentum, shares of Novellus Systems appear to be offering a near-ideal covered-call setup.