Welcome to John Ransom’s Stocks in the News where the headlines meet the trendlines.
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Stock number one: Yandex N.V.
Russian companies sink in wake of Ukraine invasion—Fly on the Wall
Shares of a number of Russian companies are falling after Russia invaded Ukraine. WHAT'S NEW: Russian soldiers invaded the Ukrainian region of Crimea over the last few days, occupying key strategic locations in the area. The U.S. and other Western countries strongly condemned the move, and warned that Moscow would face consequences if it doesn't back down. Among the companies falling sharply in response to the situation are QIWI (QIWI), which provides payment services in Russia; Yandex (YNDX), a Russian Internet search engine.
Symbol: YNDX
Trailing PE: 25; Forward PE: 0.55
PEG: 0.98
Dividend: NA
Estimate Trend: Up
Ransom Note Trendline: Sell Yandex
Stock number two: General Electric Company (GE
There is no headline-- Me
Symbol: GE
Trailing PE: 19.87 Forward PE: 14
Recommended
PEG: 1.77
Dividend: 3.50%
Estimate Trend: Flat
Ransom Note Trendline: Avoid GE.
Stock number three: Plug Power Inc.
Plug Power up 18%; Analysts raise price target - MarketWatch
Analysts at Cowen and Co. upped their price target on fuel-cell maker Plug Power Inc. PLUG +17.99% to $5.50 a share, from $5 a share, they said in a note to clients Monday. Plug shares added 18% Monday. The company last week announced it had won a contract with Wal-Mart Stores Inc. WMT -0.94% distribuition centers
Symbol: PLUG
Trailing PE: NA; Forward PE: NA
PEG: NA
Dividend: NA
Estimate Trend: Flat
Ransom Note Trendline: Avoid Plug Power
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