Stocks For Long Term? Cowen Group Inc (COWN), MBIA Inc. (MBI) and Aramark (ARMK)
New York, NY – GDP INSIDER – 05/14/2014.
This article discusses three companies: Cowen Group Inc (NASDAQ:COWN), MBIA Inc. (NYSE:MBI) and Aramark (NYSE:ARMK)
Cowen Group Inc (NASDAQ:COWN) declined yesterday as the stock lost 5.25% or $0.31 to finish the day at a closing price of $5.59 on higher than average trading volume of 4.368 million, compared to its three month average trading volume of 0.942 million. Consumer trends for spending patterns, increasing employment outlook in the United States, and low inflation are all positive for retail. The stock has benefitted from the positive trends in retail; it has outperformed the sector and the S&P 500. The S&P 500 is down by 2.90% in the past six months and down 1.92% YTD. Better to hold with a view to buy.
MBIA Inc. (NYSE:MBI) continued its recent climb yesterday with the stock gaining another 2.66% or $0.24 to close the day at $9.33 on heavy trading volume of 3.366 million compared with its three month average trading volume of 1.69 million. The stock has been falling steadily for most of the last one year with the stock down 24%, but has been starting to gain back some of these losses over the past three months with the stock up 10%. The company has a one year target estimate of $14.83 and a bullish MACD crossover indicating there is still plenty of upside potential in the stock making it a good hold and potential medium to long term buy.
Aramark (NYSE:ARMK) saw a slight decline of 0.86% or $0.27 in value to close the day at $30.98 on higher than average trading volume of 3.33 million, compared to its 30 day average trading volume of 1.40 million. The global provider of food and uniform services is heading towards the upper end of its 52 week range of $25.03 to $32.69. Despite the loss, the stock is trading 5.81% above its 200 day moving average of $29.30. Over the past three months and over the past six months, the shares of Aramark have gained 0.90% and 9.87%, respectively. With converging MACD and RSI of 46.30, it is a good hold for now.
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