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Validus Holdings LTD – BUY!
24 february 2015

After breaking out of a powerful triangle, which took nearly a year to shape up until the fall of 2014 Validus shares slowed down within a clear flag. The boundary of the flag was breached in early February, which means the stock holds strong upside potential. The stock has virtually corrected down to the flat-breakout level, which is also the bound of the gap. It makes sense to buy into the name at 41.70, with the first target price at 42.20, the closest resistance level. Should the stock breaks out of this mark, it could gain traction until reaching the target with the strength of the previous strike when breaking out of the triangle towards 45.50. If the overall macroeconomic trend remains unchanged, this target is reachable within the next two or three months.

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Validus Holdings LTD – BUY!

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  • 1 1 correctly predicted forecast
    Cole Bolchoz
    http://www.validusholdings.com/media/97942/Q4-2014-Earnings-Release.pdf
    Bob knows more about Validus than I. But I cannot see how see this company will do as predicted. Look at this from their earnings sheet.
    (Pembroke, Bermuda, January 29, 2015 - Validus Holdings, Ltd. (“Validus” or the “Company”) (NYSE: VR) today reported
    net income available to Validus of $125.9 million, or $1.38 per diluted common share, for the three months ended December 31,
    2014, compared to $95.3 million, or $0.93 per diluted common share, for the three months ended December 31, 2013. Net income
    available to Validus was $481.3 million, or $5.08 per diluted common share, for the year ended December 31, 2014, compared to
    $532.7 million, or $4.94 per diluted common share, for the year ended December 31, 2013. )

    They ended 2013 with 532.7 mil, and at the end of last 481.3 mil.
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