Higher returns are on the horizon for these companies that currently have a low PE Ratio: The Western Union Company (NYSE:WU), Corning Incorporated (NYSE:GLW), General Cable Corporation (NYSE:BGC). The PE Ratio stands for the Forward Price to Earnings Ratio. A Forward PE Ratio refers to the current stock’s price over and above its expected price per share. Higher returns ahead are expected when the current P/E is more than the forward P/E. Of course, these earnings are simply estimates.
Carrie Rosen
Healthcare Stocks Weakening in 3-Month Period: BioDelivery Sciences International, Inc. (NASDAQ: BDSI), CEL-SCI Corporation (NYSEMKT:CVM), Spectranetics Corp (NASDAQ:SPNC)
When the price per share of your stock goes up, it’s a good sign. It strengthens your portfolio.
For investors, tracking these percentage gains is good practice for each of your stocks. Gains and losses are tracked by percentage increase and decrease. The calculations involve comparing the initial (before) quantity and the after (final) quantity.
Overbought Stocks: Valero Energy Corporation (NYSE:VLO), Chubb Corp (NYSE:CB), Synergy Pharmaceuticals Inc. (NASDAQ:SGYP)
The RSI (Relative Strength Index) measures losses recently for stocks, to show that they are overbought or in an oversold condition instead. This measurement is a valuable way to pick stocks. At the point when the RSI reaches 70, it is technically overvalued; it is best to pullback at this point. If, on the other hand, the RSI is 30 or under, it is said to be oversold and, thus, undervalued.
Stocks in Overbought Territory: United Bankshares, Inc. (NASDAQ:UBSI), Sterling Bancorp (NYSE:STL), IGATE Corp (NASDAQ:IGTE)
The Relative Strength Index (RSI) is a versatile oscillator that measures how prices move. It ranges between 0 and 100; when it is over 70, it is usually in overbought territory. When it is under 30, it is seen to be oversold, generally. Considering the RSI, stocks that are currently in overbought territory, as of July 2, are United Bankshares, Inc. (NASDAQ:UBSI), Sterling Bancorp (NYSE:STL), and IGATE Corp (NASDAQ:IGTE).
On Sell Signals for: W. R. Berkley Corp (NYSE:WRB), Infosys Ltd ADR (NYSE:FL), Sunesis Pharmaceuticals, Inc. (NASDAQ:SNSS)
RSI is an acronym that stands for Relative Strength Index. It measures the speed and changes of price movements. It’s a momentum oscillator that is a go-to gage over the last several years. RSI can move between 0 and 100. When that RSI number goes above 70, generally the consensus is that it has been overbought. It is oversold, usually, when under 30. It is helpful for investors to locate trends using RSI.
Silver Stocks are Heading up: Silver Standard Resources Inc. (USA) (NASDAQ:SSRI), Hecla Mining Company (NYSE:HL), Coeur Mining Inc. (NYSE:CDE)
Declining gold prices are top news for Thursday on the London spot market, with unexpected positive numbers being released in the US in the areas of employment and manufacturing. In the a.m., European trade-hitting hit a low that exceeded the last three-and-a-half months. Spot gold was $1,164 per troy ounce, which was down 0.3%. That was during the session that had an ounce priced at $1,162.50.