LOEWS CORP: $40 Short (Sell-Off Target)

May 1, 2020

First off, please don't take anything I say seriously or as financial advise. This is on opinion basis (as always). That being said, let me get into a few of my insights. I am not bullish on L's expected earnings call and believe it may come negative given the time period we are in (and obvious performance ratings and reports). That is why, I believe while (still investable) as a short term trade to set the sell target to $40 in order to mitigate risk. If true, a quick profit turn over of 5.34/share isn't bad.