Kelley Wright
Investment Q Trends
Chuck Carlson
The DRIP Investor
Paul Goodwin
Cabot China & Emerging Markets Report
John Reese
Validea

3-D: A technical standout


Bookmark and Share
by Bernie Schaeffer, editor Schaeffer's Investment Research

Based on our strategy of assessing technical, fundamental and sentiment-based metrics, I initiated a long position in 3-D Systems (DDD); the stock has been a technical standout.

The shares have posted a year-to-date gain of 17% and a year-over-year gain of 211 percent. The equity is trending well above its 50-day and 200-day moving averages, and thus indicates it is in a long-term update.

Short interest, as a percentage of the stock's float, is over 23 percent. Any additional strength could lead to a short-covering rally.

Additionally, the Schaeffer's put/call open interest ratio (SOIR), which measures open interest for the front three months of an optionable equity, currently stands at 1.12.

This ratio indicates a bias of puts versus calls and is in the 80th percentile of all SOIR ratios in the past 52 weeks. An unwinding of these bearish bets could act as a tailwind toward the equity.

Finally, there are only 6 analysts covering the equity (4 buys, 2 holds). This creates the potential for more analysts to cover the equity and/or initiate a series of upgrades, which could also help to drive the shares higher.

Learn more about this financial newsletter at Bernie Schaeffer's Investment Research.

Related articles

    Advertisement
    Banner
    News Flash

    US Natural Gas ETF: On a roll
    by Doug Fabian, editor Successful Investing

    One area I think is ready for a new buy is natural gas. After experiencing a sharp decline from November through early January, natural gas prices have been on a roll.


    Read more...

     

    Split buys? HOMB and Noble Energy
    by Neil Macneale, editor 2-for-1 Stock Split Newsletter

    Each month, we add one stock to our model portfolio based upon those companies that have announced 2-for-1 stock splits; after a meager number of splits over the past year, we have a nice collection of six splits elect from this month.


    Read more...


       

    WisdomTree targets global bonds
    by Mark Salzinger, editor The Investor's ETF Report

    While most investors diversify the equity portions of their portfolio with allocations to foreign stocks, few diversify their bond holdings internationally. WisdomTree recently introduced the first ETF to invest in a truly global portfolio of corporate bonds.


    Read more...

     

    Express Scripts: Obamacare buy
    by J. Royden Ward, editor Cabot Benjamin Graham Value Investor

    I am attracted to healthcare stocks because the confusion surrounding “ObamaCare” has held healthcare stock prices back. I think Express Scripts (ESRX) is very likely to shine in 2013.


    Read more...

     

    Hodges: High conviction funds
    by Walter Frank, editor MoneyLetter

    Over the last two months, Hodges Fund (HDPMX) has made a strong run to the top echelons of our domestic stock fund rankings. And one of its siblings, Hodges Small Cap (HDPSX) has been within the top decline of the small blend category from 2009 through last year, and is in the top 20% this year.


    Read more...

     

    United Natural: A play on Whole Foods
    by Mark Skousen, editor Hedge Fund Trader Alert

    We’ve recommended Whole Foods Market (WFM) from time to time, and the stock has moved up sharply in the past three years, but I’d like to suggest an alternative -- one of Whole Foods’ primary suppliers, United Natural Foods (UNFI).


    Read more...

     

    Timing expert eyes India
    by Sy Harding, editor Street Smart Report

    The money flow and momentum reversals in India's Bombay Index have now been enough to trigger buy signals on intermediate-term indicators. With this new buy signal, we have added a position in the iShares India 50 ETF (INDY) to our portfolio.


    Read more...

     

    Value investor goes with Guess
    by Charles Mizrahi, editor Hidden Values Alert

    Guess?, Inc. (GES) is a holding in our special situation portfolio; its strong product quality has created brand name recognition and a loyal consumer following.


    Read more...

     

    MGAM: Bingo, lotteries, casinos
    by Jim Oberweis, Jr., editor The Oberweis Report

    Multimedia Games Holding Company (MGAM) makes innovative gaming systems for Native American and commercial casino operators in North America, lottery operators, and charity and commercial bingo operators.


    Read more...

     

    Fidelity expert: Bowers' bond bets
    by Jack Bowers, editor Fidelity Monitor & Insight

    If you’ve been worried that the bond market might take a big hit, you can relax. Indeed, while bond funds may lag stock funds over the next 5-10 years, they still have a decent shot at keeping up with inflation, and they remain an excellent way to cut risk in a blended portfolio.


    Read more...

     



    Banner



    Close
    Select Offer: Schwab Options Market Commentary