Apollo Group Inc. (APOL) opened at 69.50. So far today, the stock has hit a low of 69.45 and a high of 73.41. APOL is now trading at 70.96, up 5.03 (7.24%). The stock hit its 52 week high of 73.41 today and set its 52 week low of 33.33 in November. APOL has been moving upwards since November of last year. Apollo reported yesterday after the market closed its fourth quarter profit rose by more than a third to $103.2 million on higher enrollment. The company posted earnings of 60 cents per share on revenue of $713.9 million, while analysts, on average, forecast earnings of 60 cents per share and revenue of $701 million. A Baird analyst also upgraded the stock this morning to "Outperform" from "Neutral" and lifted her price target to $80 from $56. Technical indicators for the stock are bullish and steady while S&P gives APOL a positive 4 STARS (out of 5) buy rating. If you’re looking for a hedged play on this stock, consider a December bull-put credit spread below the $55 range. APOL stock could fall up to 22.5% before expiration and this position would still be profitable. [RHF - Seven Summits Strategic Investments NewsBite]