5 Best Up And Coming Stocks To Invest In Right Now
They call economics “the dismal science.” We got a good example why this week.
Three years ago, Harvard economists Ken Rogoff and Carmen Reinhart published a paper based on solid history and rigorous statistics showing that when a country’s debt-to-GDP ratio breaches 90%, its growth plunges into negative territory. As highly respected economists, the paper influenced policymakers around the world.
“[I]t is widely acknowledged, based on serious research, that when public debt levels rise about 90% they tend to have a negative economic dynamism, which translates into low growth for many years,” said EU Commissioner Olli Rehn in 2010.
“Economists who have studied sovereign debt tell us that letting total debt rise above 90 percent of GDP creates a drag on economic growth and intensifies the risk of a debt-fueled economic crisis,” said Congressman Paul Ryan in 2011.
5 Best Up And Coming Stocks To Invest In Right Now: Teekay Tankers Ltd(TNK)
Teekay Tankers Ltd., together with its subsidiaries, engages in the ownership and operation of oil tankers. As of August 16, 2011, it owned a fleet of nine double-hull Aframax tankers and six double-hull Suezmax tankers. The company, through its joint venture with Wah Kwong Maritime Transport Holdings Limited, also owned a very large crude carrier newbuilding. As of March 1, 2011, it operated four Aframax tankers in the Teekay Pool and three Suezmax tankers in the Gemini Pool arrangements; and five Aframax tankers and three Suezmax tankers under fixed-rate time-charter contracts. The company is headquartered in Hamilton, Bermuda.
5 Best Up And Coming Stocks To Invest In Right Now: Penns Woods Bancorp Inc.(PWOD)
Penns Woods Bancorp, Inc. operates as the holding company for Jersey Shore State Bank that provides commercial and retail banking services to individuals, partnerships, non-profit organizations, and corporations in Pennsylvania. It accepts various time, demand, and savings deposits, including Super NOW accounts, statement savings accounts, money market accounts, fixed rate certificates of deposit, club accounts, checking accounts, and individual retirement accounts. The company also offers loan products, such as secured and unsecured business and consumer loans that include financing commercial transactions, as well as construction and residential mortgage loans, and revolving credit loans with overdraft protection. Its loan products comprise agricultural loans; commercial loans; real estate loans, including construction and land development, farmland, one-to-four family residential, multi-family, and commercial or industrial loans; and consumer loan products consisting of second mortgages, automobile financing, small loan requests, overdraft check lines, and PHEAA referral loans. In addition, the company provides insurance, securities brokerage, financial planning, safe deposit, automated teller machine, Internet, and telephone banking services, as well as annuity and mutual fund investment products. Penns Woods Bancorp operates 12 branch offices in Lycoming, Clinton, and Centre counties in Pennsylvania. The company was founded in 1934 and is based in Williamsport, Pennsylvania.
Best Machinery Companies To Watch In Right Now: Alimera Sciences Inc.(ALIM)
Alimera Sciences, Inc., a biopharmaceutical company, engages in the research, development, and commercialization of prescription ophthalmic pharmaceuticals. The company focuses on diseases affecting the back of the eye or retina. The company is developing ILUVIEN, an intravitreal insert in phase-3 clinical trials for the treatment of diabetic macular edema (DME), which is a disease of the retina that affects individuals with diabetes and could lead to severe vision loss and blindness. Its ILUVIEN insert designed to be inserted into the patient?s eye to release a daily dose of fluocinolone acetonide over an anticipated period of 24 to 36 months. The company also conducts phase-2 clinical trials on ILUVIEN for the treatment of the dry form of age-related macular degeneration (AMD), the wet form of AMD, and retinal vein occlusion. In addition, it conducts testing on two classes of nicotinamide adenine dinucleotide phosphate oxidase inhibitors. Further, the company develops I LUVIEN inserter, a custom insertion system for ILUVIEN. Alimera Sciences, Inc. was founded in 2003 and is headquartered in Alpharetta, Georgia.
- [By Roberto Pedone]
Another under-$10 stock that’s very close to triggering a major breakout trade is Alimera Sciences(ALIM), a biopharmaceutical company that specializes in the research, development and commercialization of prescription ophthalmic pharmaceuticals. The bears can certainly declare victory on this stock so far this year since shares are down by a whopping 87%.
If you take a look at the chart for Alimera Sciences, you’ll notice that this stock plunged huge off its November high of $8.77 to its recent low of $1.09 a share. The reason for that huge drop was due to the fact that Food and Drug Administration refused to approve Iluvien, a time-released injection that is intended to treat diabetic macular edema, which can cause blurred vision and blindness.
>>4 Beaten-Down Stocks Poised for Rebounds
Following that plunge, the stock has now started to trade range-bound between $1.09 and $1.44 a share. A move outside of that range should set this stock up for its next big trend.
Traders should watch ALIM now for a breakout trade if the stock can manage to trade above some near-term overhead resistance levels at $1.32 to $1.44 a share on high volume. Look for volume that’s tracking in close to or above its three-month average action of 273,964 shares. At last check, the volume today is over 500,000 shares with the stock trading up 3% to $1.30.
One could be a buyer of ALIM off any weakness and simply anticipate the breakout trade. I would use a mental stop just below $1.20 to $1.15 a share. You could also buy off strength and get long over $1.31 and then $1.44 a share. I would add aggressively to any long position above $1.70 since that will clear most of the near-term overhead resistance until we cross $2 a share. If you buy off strength use a mental stop a few percentage points below $1.31.
5 Best Up And Coming Stocks To Invest In Right Now: BioDelivery Sciences International Inc.(BDSI)
BioDelivery Sciences International, Inc., a specialty pharmaceutical company, focuses on developing and commercializing products in the areas of pain management and oncology supportive care. The company uses its patented BioErodible MucoAdhesive (BEMA) and Bioral cochleate drug delivery technologies in the development of its products. The BEMA technology is a small erodible polymer film for application to the buccal mucosa; and the Bioral cochleate drug delivery technology encapsulates a selected drug or therapeutic in a cochleate cylinder. Its pain franchise consists of products utilizing the patented BEMA technology, including ONSOLIS, a fentanyl buccal soluble film for the management of pain in opioid tolerant adult patients with cancer; and BEMA Buprenorphine, which is in the development stage for the treatment of moderate to severe chronic pain, as well as for the treatment of opioid dependence. The company also engages in developing product candidates utilizing the B EMA technology for conditions, such as nausea/vomiting. BioDelivery Sciences International, Inc. was founded in 1997 and is headquartered in Raleigh, North Carolina.
5 Best Up And Coming Stocks To Invest In Right Now: NVIDIA Corp (NVDA.F)
NVIDIA Corporation (NVIDIA), incorporated on February 24, 1998, is engaged in creating the graphics chips used in personal computers (PCs). The Company operates in three segments: graphics processing unit (GPU) Business, professional solutions business (PSB) and consumer products business (CPB). Its mobile processors are used in cell phones, tablets and auto infotainment systems. Designers use GPUs to create visual effects in movies and create everything from golf clubs to jumbo jets. NVIDIA solutions are based on two technologies: the GPU and the mobile processor. GPUs are the engines of visual computing, the science and art of using computers to understand, create and enhance images. It has three GPU product brands: GeForce, which creates visual experiences for gamers; Quadro, which is engaged in visual computing for designers and digital artists, and Tesla, which accelerates applications for scientists and researchers. Tegra is its mobile processor and is built for a pplications ranging from smartphones, tablets and notebook PCs to televisions and cars. During the fiscal year ended January 29, 2012 (fiscal 2012), it acquired Icera Inc.In fiscal 2012, it launched Project Maximus, which uses the compute power of Tesla with the visualization power of Quadro to merge the design and simulation stages into one workstation. In May 2012, the Company and Intellectual Ventures announced that they jointly acquired a set of patents developed and owned by IPWireless. The portfolio comprises approximately 500 patents granted and pending in the wireless communications area, including concepts in LTE, LTE-Advanced and 3G/4G technologies.
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