As Moody’s issues warnings on 17 global banks and security firms, the former executives and bankers are arrested in the Olympus stock fraud and jobless claims have reached a four year low, investors looking for a good deal in the market can take action on these; 14 of the best stocks to buy now under $30, February 16, 2012, all upgraded or initiated coverage to a “buy” rating or better recently from Wall Street analysts and all considered good stocks to buy under $30:
Upgraded To “Buy” Or Better
Asbury Automotive (NYSE: ABG) was upgraded by analysts at TheStreet to a “buy” rating. ABG is currently at $25.42.
BioMed Realty Trust, Inc. (NYSE: BMR) was upgraded by analysts at Stifel Nicolaus from a “hold” rating to a “buy” rating. BMR is currently at $18.94. Stifel Nicolaus now have a $21.00 price target on the stock.
Mack-Cali Realty Corp. (NYSE: CLI) was upgraded by analysts at TheStreet to a “buy” rating. CLI is currently at $28.59.
Cynosure Inc (NASDAQ: CYNO) was upgraded by analysts at Citigroup from a “neutral” rating to a “buy” rating. CYNO is currently at $16.46. Citigroup now have a $22.00 price target on the stock, up previously from $13.00.
Fusion-Io Inc. (NYSE: FIO) was upgraded by analysts at Benchmark Co. from a “hold” rating to a “buy” rating. FIO is currently at $25.36. Benchmark Co. now have a $30.00 price target on the stock.
Initiated Coverage
Applied Minerals (OTCBB: AMNL) is now covered by analysts at Roth Capital. AMNL is currently at $1.47. Roth Capital set a “buy” rating on the penny stock.
EXFO (NASDAQ: EXFO) is now covered by analysts at Gabelli. Gabelli set a “buy” rating on the stock. EXFO is currently at $7.80.
Gevo, Inc. (NASDAQ: GEVO) is now covered by analysts at Canaccord Genuity. GEVO is currently at $10.21. Canaccord Genuity set a “buy” rating on the stock.
P.H. Glatfelter Company (NYSE: GLT) is now covered by analysts at Sidoti. GLT is currently at $15.69. Sidoti set a “buy” rating on the stock.
Harry Winston Diamond (NYSE: HWD) is now covered by analysts at Citigroup. HWD is currently at $13.02. Citigroup set a “buy” rating on the stock.
Movado Group (NYSE: MOV) is now covered by analysts at Citigroup. MOV is currently at $19.38. Citigroup set a “buy” rating on the stock.
RPC, Inc (NYSE: RES) is now covered by analysts at Standpoint Research. RES is currently at $14.71. Standpoint Research set a “buy” rating and a $21.00 price target on the stock.
Sup Energy Svcs (NYSE: SPN) is now covered by analysts at Canaccord Genuity. SPN is currently at $27.75. Canaccord Genuity set a “buy” rating and a $35.00 price target on the stock.
Solazyme Inc (NASDAQ: SZYM) is now covered by analysts at Canaccord Genuity. SZYM is currently at $11.56. Canaccord Genuity set a “buy” rating on the stock.
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