Are These Stocks The Right Buys? Targa Resources Partners LP (NGLS), CSX Corporation (CSX) and Sungy Mobile Ltd (GOMO)

Posted by admin April 30, 2015 0 Comment 423 views


New York, NY – GDP INSIDER  –  04/30/2014.

This article discusses three companies: Targa Resources Partners LP (NYSE:NGLS), CSX Corporation (NYSE:CSX) and Sungy Mobile Ltd (NASDAQ:GOMO)

Targa Resources Partners LP (NYSE:NGLS) continued its recent upward trend yesterday as the stock closed up 2.27% or $1.03 to close the day at $4634, with more than 1.420 million shares changing hands compared to its three month average trading volume of 1.09 million. The natural gas treatment, processing and sales company has been struggling with the decline in commodity prices over the past one year with the stock down 19.14%, compared to the S&P 500 which is up 11.80% over the same period. With a converging MACD and a one year target estimate $51.95, there is some medium to long term upside potential and if commodity prices increase, the stock recover quite quickly.

Is Targa Resources Partners LP’s Current Trend Support By Its Technical Indicators? Find Out More With Free NGLS Analysis.

CSX Corporation (NYSE:CSX) climbed slightly yesterday with the stock increasing 0.38% or $0.14 to close at $36.95 on much higher than average trading of 11.309 million shares, compared to its three month average trading volume of 8.81 million. The rail based transportation supplier company has been performing well over the past one year with the stock climbing 33.74%, compared to the S&P 500 index, which is up only 11.80% for the period. With its MACD diverging and RSI of 69, the stock may be slightly overvalued and could correct downwards making it a hold rather than buy for now.

 Is There Good Investment Potential In CSX Corporation? Click Here For Free CSX Analysis.

Sungy Mobile Ltd (NASDAQ:GOMO) climbed yesterday as the stock gained 0.20% or $0.01 to finish the day at a closing price of $4.95 with only 0.026 million shares trading hands compared to its three month average trading volume of 104.50K. The provider of mobile internet products and services is currently holding well above its 50 day moving average of $4.63 but below its 200 day moving average of $6.49. With RSI of 57 and MACD about to experience a bearish crossover, the company will struggle to make its one year target estimate of $5.65, making the stock a sell at this time.

Do Sungy Mobile Ltd’s Technical Indicators Back Up Yesterday’s Fall? Find Out With Our Free GOMO Analysis.

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