How Much Higher Can These Stock Go? Builders FirstSource, Inc. (BLDR), Vantage Drilling Company (VTG) and Warren Resources, Inc. (WRES)

Posted by Saimoon April 16, 2015 0 Comment 440 views


New York, NY – GDP INSIDER  –  04/16/2014.

This article discusses three companies: Builders FirstSource, Inc. (NASDAQ:BLDR), Vantage Drilling Company (NYSEMKT:VTG) and Warren Resources, Inc. (NASDAQ:WRES)

Builders FirstSource, Inc. (NASDAQ:BLDR) closed the day essentially flat after declining by close to 3% in trading Wednesday afternoon.  The fall followed two positive days of trading.  The company announced on Monday that it would acquire ProBuild Holdings, a lumber supplier, which drove the shares higher.  The deal will increase annual sales by around four times so the valuation has yet to settle out.  The transaction is a game changer for Builders FirstSource, Inc, and it should substantially improve profitability at the company.

Sorting Out The Right Valuation Could Provide A Lot Of Upside For Investors, Click Here To Learn More About Builders Firstsource, Inc In Our Free BLDR Analysis.

Vantage Drilling Company (NYSEMKT:VTG) was a top performing stock yesterday and increased in value by 24%.  It moved upward on volume of 8.5 million shares compared to an average of 1.67 million.  The shares traded at $0.5005, and the company could have a lot of upside.  The RSI indictor is approaching the 80+ range where we would have increased concern but remains at 76.  Vantage Drilling Company is an offshore driller in the United States.  The increase in the share price did not come on any major public announcements, but the increase in oil prices is helping these small cap stocks in the sector.

Is Now A Right Time To Invest In Vantage Drilling Company? Click Here To See The Huge Potential For VTG Shares.  

Warren Resources, Inc. (NASDAQ:WRES) had a big day yesterday behind the continuing rise in oil prices.  The shares were up by $0.22 or 21.6%.  Despite the big move up, the stock is still at the bottom end of its 52-week range of $0.84 – $7.02.  Volume was also high for the independent exploration and production company.  Warren Resources, Inc for May delivery was up by 4.2% to $55.55 per barrel and Brent increased by 2.5% for May delivery.  The increase in oil prices and the stock followed a U.S. Department of Energy announcement that inventories increased, but less than expected.  A continued upward move for oil could drive WRES significantly higher and presents an opportunity for investors.

Do Warren Resources, Inc’s Technical Indicators Support Further Gains? Click Here To See How High WRES Can Go In Our Free Analysis.

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