Earnings Plays April 27-May 1st... Long Post Please Print.
Some of this weeks stocks have criteria of being undervalued stocks, and/or stocks with particularly high growth rates (at least 15%) going forward. Already strong charts or charts that look to be reversing. And some of them have PEG under 1.00.
********************************
Monday, April 27, 1998
RON and EVI report on 28th and 27th.. should look good for the sector at the beginning of next week.
LDRY:
price is under support OF 30.50 a little bearish
but other indicators are strong for LDRY. According to value indicators LDRY
value is DRY has a Value of $40.50 per share. LDRY has a growth rate of 22 % per year.
MFAC:
Good chart, indicators look good. Stochastics do indicate OVERBOUGHT. Volume indicators show the stock is under DISTRIBUTION. Wait for entry. MFAC has a growth rate of 21% per year.
PDE
has a value indicators PDE has a value $45.70 per share. PDE has a growth rate of 32 % .
The Chart looks very good. with a nice MACD. and relative strength increasing . PDE has broken through resistance of 25...this is a good BULLISH stock.
SDLI:
Very nice Chart. all indicators BULLISH. but the stock's volume indicators show it is under
DISTRIBUTION. Watch support at 27 and resistance at 27.50 I like this one..
USV.
MChart is not that good. but could have a reversal. MACD BEARISH.. the stochastics are oversold.
YSII.. see post above
*************************************
TUESDAY, April 28
ADSI has a growth rate of 43 % per year. This stock has long range potential because of it's growth rate It is now in a strong upward trend and the indicators are BULLISH..
Current vs. Year Ago Change for the quaratr reporting: (April '98) 300% (July '98) next quarter: 150%
PAW:
The MACD is BEARISH and the volume indictors are also under DISTRIBUTION
But the relative strength is 'poised' and ready. Price is ABOVE resistance 21.40 which is BULLISH
The trend is reversing. Stochastics indicate stock is OVERBOUGHT
Growth in PROJECTED to be 300% increase in the first quarter versus last year.
WLFI:
another good furniture stock.. note the incredible run of LADF (over 5 points) and the run up and huge gains in STLY. This one is another great chart with all the indicators strongly BULLISH. We're talking about triple digit growth and 3 analysts making upward revisions in the last 30 days.
ARSW:
Strong chart. 73% growth projected in next 3 years. Broker recommendation upgraded from 1.5 to 1.3 in the last week. A nice "GROWTH" stock. PEG of .89 is excellent.
ASI:
PEG .81.. excellent 35% growth in the next 3 years. All indicators point to a strong upward trend.
AZPN: Analysts' upgraded in last 7 days from 1.4 to 1.3
CVTY: turnaround quarter. 3 digit growth next 2 quarters. Excellent stock.. chart is deteriorating a bit but should turn around before Tuesday. We don't want CVTY to be in a position to make a play on Monday or Tuesday.
NSOL.. really good one.. Here's an internet company that is actually earnings. 100% increase this quarter versus last year.. This is very good play..
both CYCH: 100% increase in growth in next 3-5 year
CKFR Current vs. Year Ago Change 100% 143% These are "intraday" plays in the familiar internet market.. .. Volatility is an understatement here but still expect 2-4 points gains.
others to consider: ITEQ, FGII, LHSPF..
********************************
Wednesday, April 29
APCO: 60% increase from last year. Nice chart, deteriorating a bit. Should be back by report date.
NSIT: Chart should reverse it's trend. 5 Strong Buys ... 45% increase this quarter.
FIX: very nice company Current vs. Year Ago Change 120% Earnings revised upward in the last 7 days and 30 days. Very nice PEG of .78. Another value stock with earnings projected to increase going forward at 30% in the next 3 years.
CGX.. a solid company. 50% increase earnings next 3 years. I've played this before. One of my favorites. 4 positive earnings suprises. Very high EPS rank . Looks poised for a move. Price movement over time has not increased as much as the volume. The RSI has set a new 14-day low, this is bearish, but I think all will improve close to earnings.
AOI: nice stock with growth going forward for the next 2 quarters in three digits.
What I like about it is the acceleration. 175% growth for the quarter reporting accelerating to 250% for the quarter that is reporting July 1998..
MDMD: Stochastic overbought wait a while. 700% increase in EPS.. Already reversing down trend. Reports on Wednesday but I'd watch it tomorrow and beginning of next week.
OMTL: 3 digit growth going forward.
RITTF: Current vs. Year Ago Change (April '98) 250% (July '98) 450%
earnings date should be confirmed, company is in Israel.
***************************************
Thursday, April 30
CCMC: STRONG BUY. very good chart, high broker concensus. Recently upgraded.
this should be watched.. Could be one of the best plays for Wednesday/Thursday.
38% increase in EPS, PEG of 1.01. 33% increase in earnings next 3 years.
EAII: This good chart is starting to deteriorate. 80% increase of EPS this quarter of last years' quarter. 37% earnings going forward next 3 years. 4 brokers give it a STRONG BUY recommendation
MCRS: PEG on 1998 Cal Yr Mean 0.87 Nice increase in EPS 25% 6 brokers 1.3 concensus. Chart is very mixed. Stochastic show OVERBOUGHT, while all other indicators are BULLISH. This one is worth waiting for.
NVR: Between CCMC, MCRS, NVR could be a good triple play. NVR strong chart. 43% increase in earnings this quarter versus last year. Another good PEG reading of .82.
15% earnings growth projected next 3 years. Brokers give it a strong buy.
OTEXF:
Strong Chart is starting to reverse. but the fundamentals show a strong "turnaround" quarter.
Current vs. Year Ago Change 140% 214%
Report Date Apr 30 wk/Aug 26 -
Strong acceleration going forward to next 2 quarters and next fiscal year ending June '99 (750%)
SER: See post Current vs. Year Ago Change 367%
************************************
Friday May 1, 1998
MYL:
Current vs. Year Ago Change 109% . I really like this one.
HC:
Chart pattern indicates a STRONG UPWARD TREND it's looks OVERBOUGHT. Part of the oil field service sector.. accelerated earnings projected from 43 to 64%. Both sector and stock should be watched.
ASTX:
EPS %Change Last Qtr 217% places ASTX in 97th percentile for earnings growth and acceleraton. PEG .57.Price is ABOVE resistance. OF 16.51 WHICH IS BULLISH. Strong stock.. Watching this one carefully. Should be worth it.
***************************************
The newsletter based on this report plus some additions and clarifications will be ready by Friday afternoon as previously promised.
***************************************
Jenna
marketgems.com
For feedback:
marketgems.com |
