Welcome to John Ransom’s Stocks in the News where the headlines meet the trendlines.
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Stock number one: Liberty Global plc
Pace recovers from supply chain disruptions—FT.com
Pace, the set-top box maker, has reported double-digit earnings growth over the past year as the company recovered from disruptions to its supply chain caused by floods in Thailand and the Fukushima nuclear disaster in 2011.
But the company’s long-term prospects could be affected by the rise of so-called “cord cutters” – people who abandon their set-top boxes and cable subscriptions to instead watch shows on the internet.
Buyers of Pace’s hardware include Comcast, DirecTV and Liberty Global.
Symbol: LBTYA
Trailing PE: NA; Forward PE: 22
PEG: 25.78
Dividend: NA
Estimate Trend: Flat
Ransom Note Trendline: Avoid Liberty Global
Stock number two: INSYS Therapeutics, Inc.
Insys Therapeutics announces three-for-two stock split—Fly on the Wall
The Insys Therapeutics board has approved a three-for-two stock split of its common stock to be effected through a stock dividend. The record date for the stock split is the close of business on March 17, with share distribution scheduled for March 28.
Symbol: INSY
Trailing PE: 17.38 Forward PE: 43.22
PEG: 2.51
Dividend: NA
Estimate Trend: Flat
Ransom Note Trendline: Hold Insys
Stock number three: FuelCell Energy Inc.
FuelCell Energy (FCEL) Catches Eye: Stock Rises 11.3%- Zacks
FuelCell Energy Inc. (FCEL) was a big mover last session with its shares rising over 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company, as the stock has gained nearly 54% in the past one-month time frame.
This alternative energy provider has seen no estimate revision in the last 7 days. The Zacks Consensus Estimate has also remained unchanged over the same period. Yesterday’s rally is encouraging though, so make sure to keep a close watch on this firm in the near future.
Symbol: FCEL
Trailing PE: NA; Forward PE: NA
PEG: -1.60%
Dividend: NA
Estimate Trend: Flat
Ransom Note Trendline: Avoid FuelCell Energy
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