Should You Buy FMSA Holdings Inc (FMSA), Threshold Pharmaceuticals Inc. (THLD), And Ikanos Communications Inc. (IKAN)?
New York, NY – GDP INSIDER – 01/06/2014.
Although times are tough for sand companies in the oil sector, the management of FMSA Holdings Inc (NYSE:FMSA) is optimistic that they would overcome the hard times. According to the company’s CEO, Jennifer Deckard, they have encouraged such hard times before, and they hope to overcome the current one as well.
The optimism is caused by the belief that oil companies are using more sand per well. That means that the demand will likely be enough to keep the going. Additionally, the experience that the management of FMSA Holdings Inc (NYSE:FMSA) has gathered in the past dealing with hard market conditions is expected to be of help in the current situation. However, some sand companies have already announced job cuts and reduced production as oil prices continue to fall. Such companies are worried about cut in capital spending by oil companies.
Threshold Pharmaceuticals, Inc. (NASDAQ:THLD) recently updated that a mid-stage trial of its potential cancer drug showed positive results. Threshold Pharmaceuticals is among the smaller drug companies with a robust pipeline of drug candidates. The company’s pipeline has eight drug candidates in Phase 1 clinical trial.
In addition to a robust pipeline, Threshold Pharmaceuticals, Inc. (NASDAQ:THLD) is also keen to prioritize the development of drug candidates that have better competitive edge in the market.
Ikanos Communications, Inc. (NASDAQ:IKAN) disclosed that ST&T selected its family of chipset known as Ikanos Fusiv(R) Vx500 for deployment in its next generation gateway platform. ST&T particularly seeks to use the chipset for home automation and the motoring of other home applications.
According to Ikanos Communications, Inc. (NASDAQ:IKAN), the chipset, Ikanos Fusiv(R) Vx500, was selected by ST&T on the basis of its scalability, versatility and high-performance. ST&T is a significant customer as it serves leading global OEMs and the telecom carriers. Therefore, the deal is expected to elevate the profile of the product and perhaps attract more and major business opportunities in the automation field.
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