Scary: The Government Might Drive Your Car

John Ransom | September 05, 2014 3:20 PM

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

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Stock number one: Mobileye N.V.

Mobileye Sets Its Course For Self-Driving Vehicle—Investor's Business Daily

Mobileye, a maker of camera-based driver-assistance systems, edged Wall Street's second-quarter targets on Thursday and laid out a road map for rapid growth in its first quarterly report as a public company.

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The Jerusalem-based company earned 5 cents a share excluding items in Q2 vs. 3 cents a share in the year-earlier quarter, topping Wall Street's expectations by a penny. Revenue rose 91% to $33.7 million, edging analyst views of $33.1 million.

Symbol: MBLY

Trailing PE: NA; Forward PE: 124

PEG: 3.82

Dividend: NA

Estimate Trend: Up

Ransom Note Trendline: Never, Ever, Ever Buy a Company that The Government Will Soon Use to Drive Your Car.

Stock number two: Achillion Pharmaceuticals, Inc.

Why Achillion Pharmaceuticals (ACHN) Stock Might be a Great Pick--Zacks

One stock that might be an intriguing choice for investors right now is Achillion Pharmaceuticals, Inc. (ACHN). This is because this security in the Medical industry is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.

Mitcham Industries Inc. (MIND) saw a big move last session, as the company’s shares fell more than 13% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for MIND, as the stock is now down around 17.3% since August 13, 2014.

Symbol: MIND

Trailing PE: 64; Forward PE: NA

PEG: 1.05

Dividend: NA

Estimate Trend: NA

Ransom Note Trendline: Avoid Mitcham