4 good stocks to target under $10, February 23, 2012, all upgraded or initiated coverage to a “buy” rating recently from Wall Street analysts and all considered good stocks to buy under $10:
Rigel Pharmaceuticals, Inc. (NASDAQ: RIGL), a clinical-stage drug development company engaged in the discovery and development of small-molecule drugs for the treatment of inflammatory/autoimmune diseases, as well as for certain cancers and metabolic diseases, was upgraded by analysts at Citigroup from a “neutral” rating to a “buy” rating. RIGL closed Wednesday, February 22, 2012 at $9.72, up +0.37 (+3.96%) on volume of 433,760.
RIGL is trading:
- 7.10% above its 50-Day Moving Average, 9.08,
- 22.89% above its 200-Day Moving Average, 7.91,
- at the high end of its 52-Week Range of 6.47 – 10.60,
- with a Short Ratio of 15.40
Initiated Coverage to a “Buy Rating“:
Ambow Education Holding Ltd (NASDAQ: AMBO), providers of educational and career enhancement services in the Peoples Republic of China, is now covered by analysts at Jefferies Group. AMBO closed Wednesday, February 22, 2012 at $7.30, up +0.06 (+0.83%) on volume of 22,541.
AMBO is trading:
- -1.22% below its 50-Day Moving Average, 7.39,
- 9.36% above its 200-Day Moving Average, 6.68,
- in the middle of its 52-Week Range of 4.56 – 9.59,
- with a Short Ratio of 2.80
Jefferies Group set a “buy” rating on AMBO.
Leap Wireless (NASDAQ: LEAP), provides digital wireless services under the Cricket brand name in the United States, is now covered by analysts at Brigantine. LEAP closed Wednesday, February 22, 2012 at $9.73, down -0.02 (-0.21%) on volume of 1,379,743.
LEAP is trading:
- 4.05% above its 50-Day Moving Average, 9.35,
- 18.62% above its 200-Day Moving Average, 8.20,
- near the middle of its 52-Week Range of 5.50 – 17.66,
- with a Short Ratio of 5.20
Brigantine set a “buy” rating on LEAP.
PulteGroup, Inc. (NYSE: PHM), engaged in homebuilding and financial services businesses primarily in the United States, is now covered by analysts at ISI Group. PHM closed Wednesday, February 22, 2012 at $8.33, down -0.26 (-3.03%) on volume of 15,933,042.
PHM is trading:
- 4.00% above its 50-Day Moving Average, 8.01,
- 45.09% above its 200-Day Moving Average, 5.74,
- near the top of its 52-Week Range of 3.29 – 9.31,
- with a Short Ratio of 2.60
ISI Group set a “buy” rating on PHM.
Fundamental company data provided by Capital IQ:
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