ERT, ISLE, NLST, OCZ and REGI: 5 under $10 stocks that must be watched. All 5 of them are good stocks to buy now based on the analyst upgrades and new coverage to “buy” ratings except for ISLE which was upgraded to “outperform“. All 5 should be added to stock watch lists for any breaking news which could propel the stocks closer to their 52-week highs.
eResearchTech (NYSE: ERT)
ERT, an industry leader in cardiac safety drug research, respiratory research and multi-mode outcomes assessments/ePRO solutions, closed yesterday at $6.49, up +0.93 (+16.73%) on volume of 1,735,682.
ERT is currently trading at:
- 16.92% above its 50-Day Moving Average of 5.55
- 30.81% above its 200-Day Moving Average of 4.96
- near the top end of its 52-Week range of 3.86 – 7.12
- with a Short Ratio of 7.20
ERT was upgraded by analysts at Benchmark Co. from a “hold” rating to a “buy” rating. Benchmark Co. now have a $8.00 price target on the stock, up previously from $6.50.
Isle of Capri Casinos (NASDAQ: ISLE)
ISLE, the first developer to enter the burgeoning Mississippi market in August 1992 who has expanded to 15 casinos operating under four brands in six states, closed yesterday at $6.18, up +0.31 (+5.28%) on volume of 194,198.
ISLE is currently trading at:
- 18.30% above its 50-Day Moving Average of 5.22
- 18.94% above its 200-Day Moving Average of 5.20
- near the middle of its 52-Week range of 3.90 – 9.89
- with a Short Ratio of 10.80
ISLE was upgraded by analysts at FBR Capital from a “market perform” rating to an “outperform” rating. FBR Capital now have a $8.00 price target on the stock, up previously from $5.00.
New Coverage
Netlist, Inc. (NASDAQ: NLST)
NLST, the leading provider of high-performance modular memory subsystems to the world’s premier OEMs specializing in bridging the widening gap between the system OEM’s requirements and the capabilities of the IC manufacturer, closed yesterday at $3.75, up +0.16 (+4.46%) on volume of 888,987.
NLST is currently trading at:
- 9.51% above its 50-Day Moving Average of 3.42
- 58.77% above its 200-Day Moving Average of 2.36
- near the top of its 52-Week range of 1.04 – 4.24
- with a Short Ratio of 2.90
NLST is now covered by analysts at Dougherty & Co. who set a “buy” rating and a $4.50 price target on the stock.
Ocz Technology Group Inc (NYSE: OCZ)
OCZ, a dominant player in the manufacturing and distribution of solid state drives (SSDs), a disruptive, game-changing technology that is replacing traditional rotating magnetic hard disk drives (HDDs), closed yesterday at $8.86, up +0.21 (+2.43%) on volume of 2,969,870.
OCZ is currently trading at:
- 4.35% above its 50-Day Moving Average of 8.49
- 28.57% above its 200-Day Moving Average of 6.89
- past the middle of its 52-Week range of 4.14 – 10.94
- with a Short Ratio of 10.30
OCZ is now covered by analysts at Dougherty & Co. who set a “buy” rating and a $13.50 price target on the stock.
Renewable Energy Group Inc (NASDAQ: REGI)
REGI, a leading North American biodiesel producer with a nationwide distribution and logistics system is focused on converting natural fats, oils and greases into advanced biofuels, closed yesterday at $9.61, down -0.16 (-1.64%) on volume of 133,653.
REGI is currently trading at:
- 1.22% above its 50-Day Moving Average of 9.49
- 1.22% above its 200-Day Moving Average of 9.49
- In the middle of its 52-Week range of 8.56 – 10.29
- with a Short Ratio of 0.10
REGI is now covered by:
- analysts at UBS AG who set a “buy” rating and a $20.00 price target on the stock.
- analysts at Canaccord Genuity who set a “buy” rating and a $13.00 price target on the stock.
- analysts at Piper Jaffray who set an “overweight” rating and a $17.00 price target on the stock.
FEB
