Are Two Harbors Investment Corp (TWO), Monster Worldwide Inc (MWW) and Investors Bancorp Inc (ISBC) Overvalued Or Heading For More Gains?
New York, NY – GDP INSIDER – 03/19/2015.
This article discusses three companies: Two Harbors Investment Corp (NYSE:TWO), Monster Worldwide Inc (NYSE:MWW) and Investors Bancorp Inc (NASDAQ:ISBC)
Two Harbors Investment Corp (NYSE:TWO) continued its upward march yesterday with the stock peaking at $10.78, one cent below its 52 week high of $10.79 before falling back slightly to close up 1.13% or $0.12 at $10.70 on heavy trading of 5.340 million shares, compared to its three month average trading volume of 2.665 million. The real estate investment trust posted the gains after it declared that its quarterly dividend for the first quarter will be $0.26 per share of common stock. With RSI of 68.91 the stock is riding very high making it a hold at the moment.
Monster Worldwide Inc (NYSE:MWW) reversed Tuesdays correction to close up 2.56% or $0.16 yesterday at $6.42 on active trading of 2.675 million shares, compared to its three month average trading volume of 1.878 million. The online employment solutions provider has been outperforming the S&P 500 since the middle of February, with the stock up 38.96% so far this year compared to the S&P 500 which is only up $1.97% for the same period. With a one year target estimate of $7.11, Monster Worldwide Inc is trending in the right direction making it a hold and potential buy.
Investors Bancorp Inc (NASDAQ:ISBC) fell back slightly yesterday to close down 1.36% or $0.16 at $11.60 with more than 3.804 million shares changing hands, compared to its three month average trading volume of 2.316 million. The Investor Bank holding company corrected yesterday after its recent gains that were triggered by Monday’s approval by the Board of Governors of the Federal Reserve System of a 5% share buyback. With a MACD bullish crossover looking very likely, the stock may start to climb again if the support is there, making it a hold at this time.
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