Can These Companies Surprise? NeoStem Inc (NBS), Western Asset Mortgage Capital Corp (WMC) and ACCO Brands Corporation (ACCO)
New York, NY – GDP INSIDER – 04/17/2014.
This article discusses three companies: NeoStem Inc (NASDAQ:NBS), Western Asset Mortgage Capital Corp (NYSE:WMC) and ACCO Brands Corporation (NYSE:ACCO)
NeoStem Inc (NASDAQ:NBS) continued its recent decline yesterday with the stock falling another 0.69% or $0.02 to close at $2.89 on light trading of 0.317 million shares, compared to its three month average trading volume of 0.3331 million. The developer of cellular therapies to repair damaged tissue, cells and organs has been declining since the middle of March, and is now down 23.34% year to date. With quarterly revenue growth of 29.30% and one year price target estimate of $18.17, the stock is starting to look undervalued and may be worth a speculative buy, but is a hold for now.
Western Asset Mortgage Capital Corp (NYSE:WMC) continued to climb yesterday with the stock gaining 0.20% or $0.03 to close at $14.68 on relatively lower than average trading of 0.398 million shares, compared to its three month average trading volume of 0.684 million. The residentially focused real estate investment trust has been trading within quite a narrow range of between $14.24 and $14.81 for the last month, without showing any signs of breaking out. The share price is already above its one year target estimate of $14.57 and without major news, it is better to hold than buy.
ACCO Brands Corporation (NYSE:ACCO) continued to decline yesterday with the stock sliding 1.86% or $0.16 to close the day at $8.45 on light trading of 0.490 million shares, compared to its three month average trading volume of 0.827 million shares. The developer and manufacturer of computer related office supplies has been fluctuating between the range of $7.19 and $8.75 for the last month, but is gradually trending upwards. With a one year target estimate of $9.00 and diverging MACD, the stock may still have a bit more upward potential, making it a hold at this time.
About Ultimate Stock Alerts
UltimateStockAlerts.com covers NASDAQ and NYSE listed companies that are overlooked by Wall Street. Investors can choose to receive trading strategies via text message (SMS) or email. To receive free text message alerts text the word ULTIMATE to 555888 from your cell phone. For more information visit www.UltimateStockAlerts.com
Disclosure: UltimateStockAlerts.com 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.