Stocks To Buy? FireEye Inc(FEYE), Oracle Corporation(ORCL) and Brady Corp(BRC)
New York, NY – GDP INSIDER – 02/20/2015.
This article discusses three companies: FireEye Inc(NASDAQ:FEYE), Oracle Corporation(NYSE:ORCL) and Brady Corp(NYSE:BRC)
FireEye Inc(NASDAQ:FEYE) shares have had a great run since January 2015. The stock has steadily increased in value by 32.03% over that period. The current RSI and MFI indicator value of 75.48 and 77.90, respectively, show that the stock could continue to move higher. The shares jumped again yesterday by 1.39% to $44.27 on higher than usual trading volume of 9.01 million compared with 30-day average trading volume of 7.98 million, another bullish indicator. In addition, analysts at Bank of America reiterated their ‘buy’ rating on the shares of FireEye Inc and boosted their price target from $44 to $49 per share.
Oracle Corporation(NYSE:ORCL) closed up 0.02% or $0.01 at $44.11 yesterday on low trading volume of 8.47 million shares compared to its 30-day average of 14.08 million. The gain pushed the stock 1.81% above its 50 day moving average of $43.37 and 7.40% above its 200 day moving average of $41.09. Oracle Corporation has mixed fundamentals with a strong current ratio of 4.30 and quarterly year on year revenue growth of 3.50% but weak PEG of 2.17 and total debt to equity ratio of 0.68. However, the stock is up 7.80% over the last three months compared to an increase of 2.38% in the S&P 500 over that period. With a one year target price estimate of $45.40, the stock has strong upside.
Brady Corp(NYSE:BRC) dropped 2.05% or $0.58 to $27.65 yesterday with 0.42 million shares trading hands compared to its 30-day average trading volume of 0.23 million. This comes on the back of its announcing a decline of 2.9% to $282.6 million in sales for the second quarter, compared to $291.2 million in the same period year ago. The company reported earnings per share of 29 cents for the quarter, missing analysts’ estimate of 31 cents by 2 cents. Despite the loss, Brady Corp closed its last trading session 2.89% above its 50-day moving average of $26.91 and 7.93% above its 200-day moving average of $25.63.
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