Next-Big-Thing Stocks: Pandora Media Inc(P), Celldex Therapeutics, Inc.(CLDX) and American Green Inc(ERBB)
New York, NY – GDP INSIDER – 02/05/2015.
This article discusses three companies: Pandora Media Inc(NYSE:P), Celldex Therapeutics, Inc.(NASDAQ:CLDX) and American Green Inc(OTCMKTS:ERBB)
Pandora Media Inc(NYSE:P) is all set to announce its 4Q14 earnings afterhours on Thursday. The company expects to report fourth quarter revenue of 276.5 million, up 76.5 million compared with $200 million in the same quarter year ago. The US based internet radio company saw an increase of 6.44% in value to close yesterday’s trading session at a new closing price of $18.52, which may be attributed to JPMorgan Chase & Co’s ‘overweight’ rating on the stock, given by its analysts on Tuesday. On Thursday 5th, analysts at B. Riley reiterated their ‘buy’ rating on the shares of Pandora Media Inc with a price target set at $38.
Celldex Therapeutics, Inc.(NASDAQ:CLDX) had a low average trading volume of 2.83 million during yesterday’s trading, a figure which is lower than its 3-month daily average trading volume of 3.01 million. The company has a bid price of $17.00×200 and an offering price of $20.11×1200. The Hampton-based biopharmaceutical company, which focuses on the development of technologies for the treatment of cancer, saw a decline of 6.34% in value during yesterday’s trading to close the day at a new closing price of $19.12. This mark places the stock 42.63% below its one year high of $33.33. Despite the decline, the shares of Celldex Therapeutics, Inc have surged 43.01% over the last 6 months. The stock has a consensus price target of $33 and an upside of 72.59%.
American Green Inc(OTCMKTS:ERBB) gained $0.0009 to close the day at $0.0136, a 7.09% increase in value from its previous closing price. The stock $54.75 million market cap company, which has traded within a range of $0.01 to $0.22 over the past 52 weeks, has a beta of 1.13. The company has finally launched its ZaZZZ vending machine on Tuesday and put a livestream to show the very first sale of cannabis flower product through that machine. Yesterday, the stock had a high trading volume of 34.20 million, greater than its 30-day average trading volume of 18.37 million.
UltimateStockAlerts.com provides investors and traders with trading strategies via text message and email. To obtain text message stock alerts service text the word ULTIMATE to 555888 from your cell phone.
UltimateStockAlerts continuously monitors and scans the markets for day trading and swing trading signals on NASDAQ, NYSE, AMEX, OTCBB and Pink Sheet companies for its free e-newsletter subscribers.
Disclosure: UltimateStockAlerts 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.