Biotech Still Leads

John Ransom | March 05, 2014 11:01 AM

Welcome to John Ransom’s Stocks in the News where the headlines meet the trendlines.

Click here to listen to Ransom Notes Radio live or for archives of previous shows.

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

LBTYA data by YCharts

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

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