Will It Be Wise To Invest In NeoStem Inc (NBS), Chemtura Corp (CHMT) and Parsley Energy Inc (PE)?

Posted by Saimoon May 5, 2015 0 Comment 467 views


New York, NY – GDP INSIDER  –  05/05/2014.

This article discusses three companies: NeoStem Inc (NASDAQ:NBS), Chemtura Corp (NYSE:CHMT) and Parsley Energy Inc (NYSE:PE)

NeoStem Inc (NASDAQ:NBS) climbed yesterday with the stock gaining 1.08% or $0.03 to close at $2.82 on light trading of 0.264 million shares, compared to its three month average trading volume of 0.368 million. The developer of cellular therapies to repair damaged tissue, cells and organs has been declining since the middle of March, and is now down 25.20% year to date. With quarterly revenue growth of 29.30% and one year price target estimate of $18.17, the stock is starting to look undervalued and may be worth a speculative buy, but is a hold for now.

Is NeoStem Inc Undervalued? Check Out The Technical Indicators With Free NBS Analysis.

Chemtura Corp (NYSE:CHMT) continued to decline yesterday to close down 0.72% or $0.22 to finish the day at a closing price of $30.31 on light trading volume of 0.618 million, compared to its three month average trading volume of 0.754 million. The plastic additive and chemical producer has been enjoying relatively steady gains for the last month and the stock has now gained 22.56% so far this year, outperforming the S&P 500 which is only up 2.70% over the same period. With RSI of 67.34 the stock is near the top of its normal range, better to hold or profit-take for now.

Is Chemtura Corp Able To Reach A Higher Trading Range? Delve Into The Details With Free CHMT Analysis.

Parsley Energy Inc (NYSE:PE) continued its recent upward trend with the stock closing up 2.02% or $0.34 to finish the day at a closing price of $17.18 on lower than average trading volume of 1.428 million, compared to its three month average trading volume of 1.74 million. The independent oil and natural gas company has been underperforming the S&P 500 over the last one month, with the stock down 1.55% compared to the index, which has gained 1.63% over the same period. With an RSI of 58 and quarterly revenue growth of 91.90% year on year, the stock is all set to achieve or exceed its one year price target estimate of $19.33.

Is Growth What The Future Holds For Parsley Energy Inc? Learn More About Company’s Trajectory In Our Free PE 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