Are These Stocks Undervalued? NeoStem Inc (NBS), ACCO Brands Corporation (ACCO) and Medijane Holdings Inc (MJMD)
New York, NY – GDP INSIDER – 03/31/2015.
This article discusses three companies: NeoStem Inc (NASDAQ:NBS), ACCO Brands Corporation (NYSE:ACCO) and Medijane Holdings Inc (OTCMKTS:MJMD)
NeoStem Inc (NASDAQ:NBS) continued its recent decline yesterday with the stock falling another 4.70% or $0.1301 to close at $2.6399 on active trading of 0.628 million shares, compared to its three month average trading volume of 0.323 million. The developer of cellular therapies to repair damaged tissues, cells and organs has been declining since the middle of March, and is now down 30.53% for the month. With quarterly revenue growth of 29.40% and RSI now quite low at 26.97, the stock is starting to look undervalued and may be worth a speculative buy, but is a hold for now.
ACCO Brands Corporation (NYSE:ACCO) kept its recent volatile trend yesterday with the stock climbing 2.85% or $0.23 to close at $8.30 on light trading of 0.671 million shares, compared to its three month average trading volume of 0.845 million shares. The developer and manufacturer of computer related office supplies has been fluctuating between the range of $7.23 and $8.30 for the last month, but is gradually trending upwards. With a one year target estimate of $9.00 and bullish diverging MACD, the stock may still have a bit more upward potential, making it a hold at this time.
Medijane Holdings Inc (OTCMKTS:MJMD) skyrocketed yesterday with the stock gaining 212.50% or $0.0102 to close at $0.0150 with more than 58.650 million shares changing hands compared to its three month average trading volume of 2.205 million shares. The developer and distributor of medical marijuana products saw the gains on no major news, but the enormous climb has pushed the stock to a total gain of 15.38% YTD, after being down over 80% for most of the year so far. With RSI now at 80.25, it is unlikely that it will go higher without a significant announcement, making it a sell.
UltimateStockAlerts.com provides investors and traders with trading strategies via text message and email. To obtain text message stock alerts service text the word ULTIMATE to 555888 from your cell phone.
UltimateStockAlerts continuously monitors and scans the markets for day trading and swing trading signals on NASDAQ, NYSE, AMEX, OTCBB and Pink Sheet companies for its free e-newsletter subscribers.
Disclosure: UltimateStockAlerts is not a registered investment adviser and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit www.UltimateStockAlerts.com website, for complete risks and disclosures.