Stocks With Long Term Potential? ACCO Brands Corporation (ACCO), American Homes 4 Rent (AMH) and Violin Memory Inc (VMEM)
New York, NY – GDP INSIDER – 03/27/2015.
This article discusses three companies: ACCO Brands Corporation (NYSE:ACCO), American Homes 4 Rent (NYSE:AMH) and Violin Memory Inc (NYSE:VMEM)
ACCO Brands Corporation (NYSE:ACCO) lost nine cents to finish the day at $7.87, a 1.13% decline in value from its previous closing price. The $892.86 million market cap company had a trading volume of 0.978 million, which is slightly higher than its 30-day average trading volume of 0.898 million. Over the past one week and over the past on month, the shares of US-based school, office and calendar products manufacturer and marketer have gained 5.50% and 4.52%, respectively. With one year price target estimate of $9, the stock has still room to improve, making it a hold for now.
American Homes 4 Rent (NYSE:AMH) continued to decline yesterday with the stock closing down 1.21% or $0.20 to finish the day at $$16.29 with 1.33 million shares changing hands, compared to its 30-day average trading volume of 1.07 million. The stock, which traded within a range of $16.24 and $16.55 during yesterday’s trading, currently situated 4.54% above its one year low of $15.58 and 12.83% below its one year high of $18.69. With quarterly revenue growth of 80.10% year on year and consensus target estimate of $19.75, American Homes 4 Rent is a potential investment if you buy at the right time.
Violin Memory Inc (NYSE:VMEM) jumped 0.56% as the stock gained two cents to finish the day at a new closing price of $3.56, a figure which moved the stock 8.97% further away from its 50 day moving average of $3.89 and 17.39% below its 200 day moving average of $4.31. The California-based storage systems designer has been underperforming the S&P 500 over the past six months with the stock down 18.54%, compared to the index which is up 3.70% over the same period. With RSI of 46.14 and one year target price estimate of $5.50, Violin Memory Inc has good upside potential if you buy at the right time.
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.