Undiscovered Gems? Entegris Inc (ENTG) and Castlight Health Inc (CSLT)

Posted by admin April 16, 2015 0 Comment 788 views

New York, NY – GDP INSIDER  –  04/16/2014.

This article discusses two companies: Entegris Inc (NASDAQ:ENTG) and Castlight Health Inc (NYSE:CSLT)

Entegris Inc (NASDAQ:ENTG) resumed its steady climb yesterday with the stock gaining 2.16% or $0.30 to close at $14.16. The manufacturer and supplier of microelectronics and other high tech products has gained a total of 6.23% over the last the month and has been closely tracking and mostly outperforming the S&P 500. The S&P 500 has only gained 1.22% over the same period. With strong quarterly revenue growth of 45.80% year on year, but declining quarterly earnings growth of -54.70%, the stock is something of a conundrum. However, with a strong cash balance of over $300 million and RSI of 62.24, it is likely that the stock will continue to climb a bit further before it levels out. The one year target estimate for the stock is still quite high at $15.92 and is quite achievable, based on its current performance, making it a hold and potential medium term buy at this time.

Is Entegris Inc Moving In A Right Direction? Click Here For Free ENTG Analysis.

Castlight Health Inc (NYSE:CSLT) continued to fluctuate yesterday, with the stock gaining 1.07% or $0.08 to close at $7.54 with 0.394 million shares changing hands, compared to its three month average trading volume of 0.752 million. The healthcare information technology solutions provider has been trading between $7.07 and $9.41 for the last month and although the stock is down 35.56% so far this year, it is still trading within quite a wide range. Overall, the company is performing fairly well at the moment with strong quarterly revenue growth of 184.30% year on year and a current ratio of 5.25. Despite relatively low EPS of -$1.59, Castlight Health Inc still has a one year target estimate of $11.00 giving it good investment potential. Despite the positives, the stock just recently passed a bearish MACD crossover and with RSI of 41.08 could go either way. Better to avoid this stock until it stabilizes, rather than buy.

Is Castlight Health Inc A Good Medium To Long Term Investment? Check Out The Technical Indicators With Free CSLT Analysis.

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.

Write Your Comment