Stocks With Long Term Potential? Mattson Technology, Inc. (MTSN), Globalstar, Inc. (GSAT) and Geron Corporation (GERN)
New York, NY – GDP INSIDER – 04/09/2015.
This article discusses three companies: Mattson Technology, Inc. (NASDAQ:MTSN), Globalstar, Inc. (NYSEMKT:GSAT) and Geron Corporation (NASDAQ:GERN)
Mattson Technology, Inc. (NASDAQ:MTSN) continued its downward trend yesterday with the stock declining a further 0.52% or $0.02 to close at $3.84 with 0.679 million shares trading hands compared to its 30 day average trading volume of 1.41 million. The semiconductor wafer processing equipment designer and manufacturer has been steadily climbing for the last one year, gaining 54.84% and so far this year, it has already gained 12.94% compared to the S&P 500 1.12% since the beginning of the year, making it a solid hold and a speculative gain.
Globalstar, Inc. (NYSEMKT:GSAT) fell back yesterday to close down 5.43% or $0.17 to finish the day at $2.96 on high trading volume of 4.12 million shares, compared to its 30 day average trading volume of 3.10 million. The 2.72 billion market cap company, which oscillated between $2.90 and $3.13 during yesterday’s trading, currently situated 89.74% above its 52 week low of $1.56 and 34.66% away from its 52 week high of $4.53. Mobile voice and data communications services provider is holding 4.38% above its 50 day moving average of $2.85 and 5.80% below its 200 day moving average of $3.14, making it a hold.
Geron Corporation (NASDAQ:GERN) continued to gain yesterday to close up 6.38% or $0.24 at $4.00 on lower than average trading volume of 2.92 million compared to its 30 day average trading volume of 5.53 million. Over the past one month and over the past three months, the shares of Geron Corporation has surged 9.29% and 28.21%, respectively. Not only that, but the ticker has also been outperforming the S&P 500 for the past one year with the stock up 108.44%, compared to the index which is only up 11.20% for the same period. The stock has an RSI of 59.39 and MFI of 39.49. Both of these indicate, the stock may move higher, and these technical are not yet indicating that a correction is on the horizon.
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