Which Is The Right Medium Term Investment? M/A-COM Technology Solutions Hldgs Inc (MTSI), Boston Private Financial Hldg Inc (BPFH) and WL Ross Holding Corp (WLRH)
New York, NY – GDP INSIDER – 05/05/2014.
This article discusses three companies: M/A-COM Technology Solutions Hldgs Inc (NASDAQ:MTSI), Boston Private Financial Hldg Inc (NASDAQ:BPFH) and WL Ross Holding Corp (NASDAQ:WLRH)
M/A-COM Technology Solutions Hldgs Inc (NASDAQ:MTSI) continued to climb yesterday with the stock gaining $1.29 to finish the day at $33.59, a 4.97% increase in value from its previous closing price of $32 on higher than average trading volume of 0.711 million after it introduced its high power 6W amplifier for Ka-Band high data density satellite communications. The amplifier is capable of providing 6W of saturated output power and 24 dB of linear gain. With its MACD converging and RSI of 48.17, M/A-COM Technology Solutions Hldgs Inc is all set to achieve or exceed its one year price target estimate of $38.22 anytime soon.
Boston Private Financial Hldg Inc (NASDAQ:BPFH) reversed its recent downward trend yesterday as the stock gained ten cents to finish the day at a closing price of $12.63 on light trading volume of 0.391 million compared with its three month average trading volume of 0.727 million and is trading above its 200 day moving average of $12.43. The RSI and MFI for Boston Private Financial Hldg Inc indicate that the stock price is not under significant downward or upward pressure. The indicators are 50 and 60, respectively, and are not a cause for concern.
WL Ross Holding Corp (NASDAQ:WLRH) continued its recent uncertain trading pattern with the stock declining 0.93% or $0.10 to close at $10.60 with only 408 shares changing hands, compared to its three month average trading volume of 0.068 million. The development stage company focused on mergers, asset acquisitions and capital stock exchanges has been trading within the very narrow range of $9.96 and $10.75 for the last month. With its MACD diverging and RSI of 67.46, there is potential for the stock to gain further.
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