Which Stocks Have Further To Still Move? Hersha Hospitality Trust (HT), Allison Transmission Holdings Inc (ALSN) and 1-800-Flowers.Com Inc (FLWS)
New York, NY – GDP INSIDER – 04/29/2014.
This article discusses three companies: Hersha Hospitality Trust (NYSE:HT), Allison Transmission Holdings Inc (NYSE:ALSN) and 1-800-Flowers.Com Inc (NASDAQ:FLWS)
Hersha Hospitality Trust (NYSE:HT) reported 1Q 2015 earnings after the close on Monday, and the shares increased by a little over 1% in trading yesterday on the announcement. The results were ahead of Wall Street expectations with funds from operations of $0.07 per share, a penny ahead of consensus. The real estate investment trust is a way for investors to play a rebounding real estate market in the United States. In particular, Hersha Hospitality Trust focuses on hotels, a part of the market that improves when disposable incomes for vacations and business travel increases.
Allison Transmission Holdings Inc (NYSE:ALSN) stock price was down in yesterday’s trading session by 3.8% to $30.89. The company reported its first quarter earnings, and both revenue and EPS fell short of consensus forecasts. After Tuesday’s decline, the MACD for Allison crossed the signal and could indicate a further decline is ahead for the stock. In addition, it moved below both its simple and exponential moving average. The auto, truck and vehicle transmission and parts manufacturer could benefit from a rebounding auto market in the U.S. However, pressure from weakness around the globe could mount other parts of the business.
1-800-Flowers.Com Inc (NASDAQ:FLWS) had a good day yesterday, and the shares rose by 10.8% to $12.01. The stock’s volume surged with over 2.3 million shares traded during the session compared to a daily average of 629,376. The company was upgraded by Sidoti following its 3Q 2015 earnings report. The upgrade and positive earnings triggered the move in the stock. The stock broke through its moving averages, and its momentum can continue to drive the shares higher. The stock is already up 56% YTD, and we expect it could move higher.
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