Do Intel Corporation(INTC), Amarin Corporation Plc(AMRN) and RealPage Inc(RP) Offer Long Term Investment Potential?
New York, NY – GDP INSIDER – 03/13/2015.
This article discusses three companies: Intel Corporation(NASDAQ:INTC), Amarin Corporation Plc(ADR)(NASDAQ:AMRN) and RealPage, Inc(NASDAQ:RP)
Intel Corporation(NASDAQ:INTC) dropped 4.73% or $1.53 to close at $30.80 yesterday on very active trading of 107.402 million shares, compared to its three month average trading volume of 29.398 million. This came after the designer and manufacturer of computer components announced that it was slashing its revenue forecast for the first quarter of this year by almost one billion dollars. Intel Corporation cited the reasons for this negative outlook as weaker demand for its processor chips due to currency concerns and lower business desktop inventories, even so it is still a hold at the moment.
Amarin Corporation Plc(ADR)(NASDAQ:AMRN) saw solid gains yesterday with the stock soaring 22.68 % or $0.44 to close at $2.38, after hitting a 52 week high of $2.54 during the day on very heavy trading of 24.427 million shares. The stock price of the biopharmaceutical company specialized in cardiovascular health therapeutics has been steadily increasing, after it successfully completed a $53 million dollar private stock placement last week. With RSI now at 90.13 there may not be much more room for the stock to rise for now, making it a short term sell or medium term hold.
RealPage, Inc.(NASDAQ:RP) fell back slightly yesterday falling 3.79% or $0.76 to close at $19.29 with more than 3.472 million shares changing hands, compared to its three month average trading volume of 0.190 million. The stock has been on a rollercoaster with it both outperforming and underperforming the S&P 500 over the last 52 weeks. The stock is currently up 4.5% for the period, compared with the S&P 500 which is up 10%. With a one year target estimate of $22.40 the stock has plenty of upside potential making it a hold for now.
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