Top Medical Stocks To Watch Right Now

Technical Signals for Breakout

1. The first most apparent signal from a technical charting viewpoint is the strikingly clear formation of the “Cup and Handle” pattern on the weekly chart. This pattern is well known and considered to be a bullish continuation pattern, followed by strong positive price movement.

For those not familiar with the technical pattern, it is illustrated as shown below from the Investopedia website. In the chart above, it appears that Cogentix Medical (NASDAQ:CGNT) is now in the handle formation period with the positive upturn prior to breakout.

Top Medical Stocks To Watch Right Now: Avago Technologies Limited(AVGO)

Advisors’ Opinion:

  • [By WWW.THESTREET.COM]

    Nvidia may be No. 1 in gaming, but investors are missing out on the run in Advanced Micro Devices (AMD) , the No. 2 player in the space. And let’s not forget about Broadcom (AVGO) , which makes the next generation of communications chips that all of our next devices and gadget will be using.

  • [By Michael A. Robinson]

    This Santa Clara, Calif., company has an impressive customer list. It works with everyone from healthcare giant AstraZeneca Plc. (NYSE: AZN) to chip leader Broadcom Ltd. (Nasdaq: AVGO) to consumer products titan Kimberly-Clark Corp. (NYSE: KMB).

  • [By Chris Lange]

    Broadcom Limited (NASDAQ: AVGO) reported fiscal fourth-quarter financial results after markets closed on Thursday. The company said that it had a net loss of $1.59 per share and $4.14 billion in revenue. Thomson Reuters did not have estimates readily available at this time. The same period from last year had $1.49 in earnings per share (EPS) and $1.84 billion in revenue.

  • [By Harsh Chauhan]

    More importantly, Apple could build around 120 million new iPhones this year as compared to 89 million units of the iPhone 7/7S in 2016 — according to Mizuho. This is great news for the other companies in Cupertino’s supply chain — such as Skyworks Solutions (NASDAQ:SWKS), Broadcom (NASDAQ:AVGO), and Cypress Semiconductor (NASDAQ:CY) — as they won’t have to wait until the second half of the year to bask in iPhone-driven glory.

Top Medical Stocks To Watch Right Now: Lennox International, Inc.(LII)

Advisors’ Opinion:

  • [By Greg Williamson]

    Watsco’s current P/E of 24.5 is in the same ballpark as its competitor Lennox International (NYSE: LII  ) (NYSE: LII  ) (NYSE: LII  ) , whose P/E is 23.8. Lennox is a manufacturer of HVAC equipment and components, and will also benefit from HVAC industry tailwinds.

Top Medical Stocks To Watch Right Now: Rubicon Technology, Inc.(RBCN)

Advisors’ Opinion:

  • [By Jim Robertson]

    On Thursday, our Under the Radar Moversnewsletter suggested shorting small cap LED semiconductor stockRubicon Technology (NASDAQ: RBCN):

    Rubicon Technology isn’t going to be a monster-sized winner for us, even if things go perfectly. About the best downside target we could hope for is the $0.60 area, where the stock was launched into an unsustainable uptrend a week ago. But, it’s a high-odds trade we can’t pass up. Yesterday’s doji bar after a big rally was a warning sign that we were transitioning into a net-selling environment. Today’s sharp pullback confirms we’re moving into that bearish mode.

Top Medical Stocks To Watch Right Now: H&R Block, Inc.(HRB)

Advisors’ Opinion:

  • [By Dan Caplinger]

    Even with the volatility, some stocks shined, and H&R Block (NYSE:HRB), PPG Industries (NYSE:PPG), and Global Blood Therapeutics (NASDAQ:GBT) were among the best performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so well.

  • [By Trey Thoelcke]

    H&R Block Inc.s (NYSE: HRB) latest quarterly earnings report is expected after Tuesday’s close. The consensus estimates call for a net loss of $0.62 in per share and $129.07 million in revenue. Shares closed trading most recently at $29.71, in a 52-week range of $19.85 to $31.80. The consensus price target is $27.67.

  • [By WWW.THESTREET.COM]

    Cramer also called out H&R Block (HRB) , a company even he was skeptical of, but also one that rose — up 14.8% on strong earnings.

    With the Federal Reserve eyeing four possible rate hikes, Cramer said is not the time to give up on the banks, which is why he owns Citigroup (C) for Action Alerts PLUS. Cramer said he wouldn’t give up on Dow Chemical (DOW) , Arconic (ARNC) or the oil stocks either, as oil will be resuming its climb after this brief pause. He recommended EOG Resources (EOG) as a favorite in that group.

  • [By Monica Gerson]

    Shares of H & R Block Inc (NYSE: HRB) surged over 12 percent on Friday as the company reported better-than-expected results for its fourth quarter and lifted its quarterly dividend to $0.22 per share. H & R Block shares gained 0.29 percent to $24.30 in the after-hours trading session.

  • [By Chris Lange]

    H&R Block Inc. (NYSE: HRB) is set to release its most recent quarterly results Wednesday. The consensus forecast is a net loss of $0.72 per share and revenue of $131.67 million. Shares were most recently traded at $25.86. The consensus price target is $23.92, and the 52-week range is $19.85 to $31.80.

Top Medical Stocks To Watch Right Now: Natural Grocers by Vitamin Cottage, Inc.(NGVC)

Advisors’ Opinion:

  • [By Lisa Levin]

    Natural Grocers by Vitamin Cottage Inc (NYSE: NGVC) was down, falling around 33 percent to $5.70 as the company posted downbeat quarterly results and lowered its FY17 earnings guidance.

  • [By Peter Graham]

    A long term performance chart for Whole Foods Market shows shares still lower than they were five years ago whilepeers in the organic space like Sprouts Farmers Market Inc (NASDAQ: SFM) and Natural Grocers by Vitamin Cottage (NYSE: NGVC) have performed worst:

  • [By Peter Graham]

    A long term performance chart for Whole Foods Market shows along with mid cap peerSprouts Farmers Market Inc (NASDAQ: SFM) and Natural Grocers by Vitamin Cottage (NYSE: NGVC) appearing to all be in downtrends that may or may not have leveled off:

  • [By Peter Graham]

    A long term performance chart for Whole Foods Market shows along with mid cap peerSprouts Farmers Market Inc (NASDAQ: SFM) and Natural Grocers by Vitamin Cottage (NYSE: NGVC) largely drifting lower with two price spikes:

Top Medical Stocks To Watch Right Now: Hexcel Corporation(HXL)

Advisors’ Opinion:

  • [By Lisa Levin]

    Breaking news

    Hexcel Corporation (NYSE: HXL) issued a weak profit and sales forecast for 2017.
    VeriFone Systems Inc (NYSE: PAY) reported better-than-expected earnings for its fourth quarter, but issued a weak outlook for the first quarter.
    Boeing Co. (NYSE: BA) lifted its quarterly dividend by 30 percent to $1.42 per share. The company’s board also announced a a new $14 billion share buyback plans.
    Inovalon Holdings Inc (NASDAQ: INOV) cut its earnings and revenue guidance for full year 2016.