Dear Reader, Badger Meter has been making water meters and other devices designed to regulate and.. [afdaf3fd61bec5de782f6956499cf967c4d37d87][5ba6df09f6dbcb9ba8424d0bb0adfdd894b90fc3]
An Earnings Beat Sets Up a Trading Opportunity
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[Options Profits Daily]
This Water Meter Maker Could Deliver a Triple Digit Gain
Badger Meter has been making water meters and other devices designed to regulate and measure the flow of water and other liquids for more than a century since its founding in 1905.
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Louis Navellier has uncovered six must-own tech stocks about to put old school Silicon Valley names to shame.
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Recently the company reported results for the third quarter ended September 30, 2020:
âResiliency of municipal water market evident with consolidated third quarter 2020 sales of $113.6 million, an increase of 5% compared to $108.6 million in the comparable prior year quarter; municipal water sales grew 11% year-over-year.â
Sure, this does not look exciting at first glance, but we decided to take a closer look and significant gains are possible using [this strategy.](
In this case, earnings could be the beginning of a new up trend in this boring stock. However, there are reasons to consider risk and we have a strategy that does that.
As we explain in [our latest article,]( there are strategies that can benefit from news while considering risks of a reversal. In fact, the risk can be limited in precise terms when the trade is opened.
In the article, we explain in detail, one such options strategy. This strategy is one that is focused on risk and is able to limit the risk to a precise level in dollar terms. In this trade, which we explain in detail, the [risk is limited to $130]( based on recent market prices.
Despite that focus on minimizing the potential risk of the trade, the strategy is still capable of delivering large-short term returns. We show how to find the exact amount of risk in dollar terms and we also detail the potential gains of the trade which is about 184%, based on actual recent market data.
You can find all of the details of the strategy and the specific trade in our latest free educational article that is [available right here..](
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