Are These Stocks Showing The Right Potential? Empire State Realty Trust Inc (ESRT), Gogo Inc (GOGO) and Headwaters Inc (HW)
New York, NY – GDP INSIDER – 04/17/2014.
This article discusses three companies: Empire State Realty Trust Inc (NYSE:ESRT), Gogo Inc (NASDAQ:GOGO) and Headwaters Inc (NYSE:HW)
Empire State Realty Trust Inc (NYSE:ESRT) continued to decline yesterday with the stock sliding another 0.11% or $0.02 to close the day at $18.20 on light trading of 0.406 million, compared to its three month average trading volume of 0.865 million. The real estate investment trust focused on New York and Manhattan has gained 20.29% over the past one year, outperforming the S&P 500 which has only managed to gain 12.88% over the same period. The stock is now well on track to meet or exceed its one year target estimate of $20.50, making it a hold with a view to buy.
Gogo Inc (NASDAQ:GOGO) continued its bullish run with the stock hitting a new high of $22.05 before falling back slightly to close up 4.48% or $0.94 yesterday at $22.03, on heavy trading of 1.66 million shares, compared to its 30 day average trading volume of 1.09 million. The US-based wireless digital entertainment and other services provider in the commercial and business aviation markets has been performing exceptionally well this year with the stock up 33.30%, outperforming the S&P 500 which is only up 2.24% YTD, by almost a 30 times. With a recent bullish MACD crossover and RSI of 75.03, the stock is likely heading to a higher trading range, making it a hold for now.
Can Gogo Inc Keep Posting Gains? Take A Look At The Technical Indicators With Free GOGO Analysis.
Headwaters Inc (NYSE:HW) reversed its recent upward trend yesterday as the stock lost twenty-seven cents to finish the day at a closing price of $18.65, a 1.46% decline in value from its previous closing price with 0.465 million shares changing hands, far lower than its three month average trading volume of 0.708 million. The building products and services provider is now up 24.42% so far this year and 62.74% over the last 52 weeks. With a one year price target estimate of $19.42 and RSI of 63.26, the stock does not look like it is going to climb much higher in the near term, without a significant piece of positive news making it a hold, rather than a buy.
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