Is It Time To Invest In Alere Inc (ALR), Ampio Pharmaceuticals Inc (AMPE) and RSP Permian Inc (RSPP)?
New York, NY – GDP INSIDER – 04/17/2014.
This article discusses three companies: Alere Inc (NYSE:ALR), Ampio Pharmaceuticals Inc (NYSEMKT:AMPE) and RSP Permian Inc (NYSE:RSPP)
Alere Inc (NYSE:ALR) continued to climb yesterday with the stock gaining 0.38% or $0.19 on lower than average trading volume of 0.314 million shares, compared to its three month average trading volume of 0.569 million. The developer and manufacturer of medical diagnostic products has been outperforming the S&P 500 so far this year, up 31.16% year to date compared to the S&P 500 which has gained only 2.24% for the same period. The RSI of 64.82 indicates the stock is not overvalued at the current level and may rise further, making it a hold for now.
Ampio Pharmaceuticals Inc (NYSEMKT:AMPE) climbed yesterday closing up 0.50% or $0.04 at $7.97, on low trading of 0.348 million shares compared to its three month average trading volume of 0.800 million. The stock has been vastly outperforming the S&P 500 so far this year, posting a gain of 132.36% year to date compared to the S&P 500 which is currently up only 2.24% for the same period. With one year price target estimate of $14 and quarterly revenue growth of 71.40% the stock has a solid potential, making it a buy.
RSP Permian Inc (NYSE:RSPP) dropped slightly yesterday closing down 1.75% or $0.51 at $28.57 with 0.994 million shares changing hands, compared to its three month average trading volume of 1.22 million. The independent oil and natural gas producer specialized in unconventional oil reserves has been bucking the trend of most companies in the oil and natural gas sector, with the stock up 13.64% so far this year. With a one year target estimate of $30 there is still some further upside potential, making it a hold until oil prices rise again.
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