Should You Invest In Scientific Games Corp(SGMS), Ann Inc(ANN) and InspireMD Inc(NSPR)?
New York, NY – GDP INSIDER – 03/16/2015.
This article discusses three companies: Scientific Games Corp(NASDAQ:SGMS), Ann Inc(NYSE:ANN) and InspireMD Inc(NYSEMKT:NSPR)
Scientific Games Corp(NASDAQ:SGMS) dropped unexpectedly on Friday, closing down 7.37% or $0.93 at $11.69 on very active trading of 3.499 million shares, compared to its three month average trading volume of 0.881 million. The lottery gaming systems maker had been trending upwards until it released its fourth quarter and full year results on Thursday, that showed a year on year increase in revenue of 40.8% for Q4 and a lower than expected loss of $0.55 per share. Both of these figures were better than market expectations making the stock a good hold going forward.
Ann Inc(NYSE:ANN) climbed 8.07% or $3.02 on Friday to close at $40.45 with more than 3.084 million shares changing hands, compared to its three month average trading volume of 0.692 million shares. The rally began after the designer and manufacturer of women’s apparel announced its fourth quarter and full year financial results that showed an unexpected increase in fourth quarter earnings of 20% or $0.12, after three consecutive quarters of earnings decline. With RSI of 71.01 it may not go much higher at this time, but the stock is a good medium term hold at the moment.
InspireMD Inc(NYSEMKT:NSPR) reversed its recent slide on Friday with the stock climbing 3.45% or $0.01 to close at $0.30 on very heavy trading of 2.905 million shares. The stock has been underperforming the S&P 500 so far this year, with the stock down 90.37% YTD compared with the S&P 500 which is only down 0.27% for the same period. Fourth quarter and full year financial results released on Thursday showed a loss of $4.8 million or $0.12 per diluted share. With RSI of 27.15 the stock still looks undervalued making it a hold and potential buy.
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.