Stocks With Steady Return? Lion Biotechnologies Inc (LBIO), ZBB Energy Corporation (ZBB) and Audioeye Inc (AEYE)
New York, NY – GDP INSIDER – 04/30/2014.
This article discusses three companies: Lion Biotechnologies Inc (NASDAQ:LBIO), ZBB Energy Corporation (NYSEMKT:ZBB) and Audioeye Inc (OTCMKTS:AEYE)
Lion Biotechnologies Inc (NASDAQ:LBIO) gained $0.41 to finish the day at a closing price of $12.12, an 0.41% increase in value from its previous closing price after analysts at Chardan Capital Markets initiated their coverage on the stock with a ‘buy’ rating and set their price target at $30 per shares. Lion Biotechnologies Inc has been performing well for the last six months with the stock gaining 96.43%, far outperforming the performance of S&P 500, which has only gained 6.28% over the same period. With quarterly earnings growth (yoy) of 83.80% and consensus price target of $19, the stock has plenty of upside potential, making it a hold with a view to buy.
ZBB Energy Corporation (NYSEMKT:ZBB) climbed yesterday with the stock gainiing 1.86% or $0.02 to close at $1.01. The designer and manufacturer of energy storage and power control technologies has been outperforming the S&P 500 for most of this year so far, with the stock up 98.04% year to date compared to the S&P 500 index which has only gained 2.33% for the same period. With RSI now at 67.83, the stock is showing no signs of stopping, but considering that it has now gained 74.74% in the last thirty days, it is likely that there will be some profit taking in a few day, making it a sell at this price or medium to long term hold.
Audioeye Inc (OTCMKTS:AEYE) declined yesterday with the stock trading between $0.23 and $0.26, before closing the day at its opening price of $0.26 on light trading of 0.075 million shares, compared to its three month average of 0.281 million. The patented internet content software distributer was down over 55% for the last three months, but has been climbing gradually upwards and is now only down 38%. With RSI now at 45.89 and MACD just experienced a bullish crossover, the stock could have some upside potential, making it a small speculative purchase.
About Ultimate Stock Alerts
UltimateStockAlerts.com covers NASDAQ and NYSE listed companies that are overlooked by Wall Street. Investors can choose to receive trading strategies via text message (SMS) or email. To receive free text message alerts text the word ULTIMATE to 555888 from your cell phone. For more information visit www.UltimateStockAlerts.com
Disclosure: UltimateStockAlerts.com 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.