Overlooked mid cap medical�technology and systems�stock CareFusion Corporation (NYSE: CFN) could offer nice growth in the healthcare space, meaning its worth taking a closer look at the stock along with the performance of potential benchmarks like the iShares Dow Jones US Medical Device ETF (NYSEARCA: IHI) and SPDR S&P Health Care Equipment ETF (NYSEARCA: XHE). I should mention that we have recently added CareFusion Corporation to our SmallCap Network Elite Opportunity (SCN EO) portfolio because the�stock continues to be in a long-term thrusting patter and we believe its also�undervalued based on current valuation.
What is�CareFusion Corporation?Mid cap�CareFusion Corporation is a global corporation serving the health care industry with products and services that help hospitals measurably improve the safety and quality of care. The company�� product families include Pyxis庐 for medication and supply dispensing, Alaris庐 for infusion, AVEA庐 ventilators, Jaeger庐 for respiratory diagnostic instruments, AVAmax庐 and PleurX庐 for interventional procedures, V. Mueller庐 and Snowden-Pencer庐 surgical instruments, and ChloraPrep庐 skin antiseptic.
10 Best Services Stocks To Buy Right Now: TRI Pointe Homes Inc (TPH)
Tri Pointe Homes, Inc., formerly TRI Pointe Homes, LLC, incorporated on August 5, 2010, is engaged in the design, construction and sale of single-family homes in planned communities in metropolitan areas located throughout Southern and Northern California. During the year ended December 31, 2012, the Company�� operations consist of 13 communities, eight of which are actively selling, containing 695 lots under various stages of development in Southern and Northern California. In June 2013, TRI Pointe Homes Inc announced that the acquisition of 202 lots in two California locations- Irvine (Orange County) and Vacaville (Solano County).
The Company�� business focused primarily on fee building projects in Southern California, in which it built, marketed and sold homes for independent third-party property owners, marketed under the TRI Pointe Homes brand name. During the year ended December 31, 2012, the Company has sold over 350 homes (including fee building projects).
Advisors' Opinion:- [By Travis Hoium]
What: Shares of TRI Pointe Homes (NYSE: TPH ) jumped as much as 15.7% today after announcing the acquisition of Weyerhaeuser's (NYSE: WY ) residential real estate unit.
- [By James Fink]
One small-cap name in the housing sector is TRI Pointe Homes. That's a New York Stock Exchange stock, ticker symbol (TPH). It's controlled by Barry Sternlicht, who's a very wildly successful real estate entrepreneur.
Best Mid Cap Stocks To Own Right Now: (BANC)
First PacTrust Bancorp, Inc. operates as a bank holding company for Pacific Trust Bank and Beach Business Bank that provides retail banking services to individuals and small to mid-sized businesses. The company offers various deposit accounts, such as checking and savings accounts, money market deposits, certificate accounts, retirement accounts, interest bearing demand accounts, and certificates of deposits. Its loan portfolio comprises commercial and industrial loans, commercial real estate mortgage loans, multi-family mortgage loans, small business administration guaranteed business loans, construction loans, lease financing, single family 1-4 unit residential mortgage loans, home equity lines of credit, home equity loans, and other consumer loans. In addition, the company offers leasing and financing services, cash and treasury management services, card payment services, remote deposit services, ACH origination, and employer/employee retirement planning products. Furth er, it provides mobile, online, and telephone banking services; automated bill payment services; electronic statements; safe deposit boxes; and direct deposit and wire transfers. As of December 31, 2012, it operated 19 banking offices in San Diego, Los Angeles, Orange, and Riverside counties in California; and 24 single family mortgage loan production offices in California, Arizona, Oregon, and Washington. First PacTrust Bancorp, Inc. was founded in 1941 and is headquartered in Irvine, California.
Advisors' Opinion:- [By Tim Melvin]
He opened a position in shares of Banc of California (BANC) in the quarter. The company is the holding company for Pacific Trust Bank and Beach Business Bank in the San Diego area. The bank has 60 locations and more than $3.5 billion in assets, and it just completed the acquisition of three institutions — The Private Bank of California, The Palisades Group and CS Financial –� which increased total assets by almost $1 billion. The shares trade right at book value. Banc of California is well positioned to benefit from a strong recovery in California and may eventually become a buyout target itself.
Best Mid Cap Stocks To Own Right Now: Carbonite Inc (CARB)
Carbonite, Inc. (Carbonite), incorporated on February 10, 2005, focuses on the development and marketing of personal computer backup software that enables users to backup, access, and restore data files online. Carbonite is a provider of online backup solutions for consumers and small and medium sized businesses (SMBs). The Company provides secure online backup solutions with anytime, anywhere access to files stored on its servers, which it calls the Carbonite Personal Cloud. In November 2012, the Company acquired Zmanda, Inc.
The Company�� backup solutions works automatically uploading encrypted copies of its customers��files to the Carbonite servers. The Company's customers can browse and share their photos, videos, and documents anytime, anywhere using a Web browser or its free iPad, iPhone, BlackBerry, and Android apps. As of December 31, 2012, the Company had subscribers in more than 100 countries, with subscribers based in the United States representing 94% of its total revenue for 2012.
The Company competes with CrashPlan, Mozy, SOS Online Backup, Apple, Google, Microsoft, Amazon, DropBox, SugarSync, Box and others.
Advisors' Opinion:- [By Seth Jayson]
Carbonite (Nasdaq: CARB ) is expected to report Q2 earnings around July 12. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Carbonite's revenues will grow 27.5% and EPS will remain in the red.
Best Mid Cap Stocks To Own Right Now: Harmonic Inc.(HLIT)
Harmonic Inc. designs, manufactures, and sells video infrastructure products and system solutions to create, prepare, and deliver a range of video services for television and media platforms in the united States and internationally. Its products include video production platforms and playout solutions, such as video servers used by broadcasters, content owners, and multi-channel network operators to create and play-to-air television channels; video-optimized storage, which provides storage capacity and access bandwidth to support media production applications comprising video editing, content transformation, and media library management; and media applications that provide media integrated management and workflow control over content stored on its systems. The company offers video processing products, including broadcast encoders; contribution and distribution encoders; stream processing and statistical multiplexing solutions; content preparation and delivery for multi-scr een applications; decoders and descramblers; and management and control software. It also provides edge products that integrate routing, multiplexing, scrambling, and modulation into a single package; optical transmitters and amplifiers, which operates at various optical wavelengths and serves long-haul and local transport applications in the cable distribution network; optical nodes to supports network architectures for bandwidth delivered to a service area; and return path transmitters that support two-way transmission capabilities for analog or digital transport. In addition, the company offers technical support and professional services, such as maintenance and support; and consulting, implementation, and integration services. Harmonic Inc. sells its products through direct sales force, independent distributors, and integrators to cable, satellite and telco, and broadcast and media companies. The company was founded in 1988 and is headquartered in San Jose, California. Advisors' Opinion:
- [By Anna Prior]
Harmonic Inc.(HLIT) lowered its guidance for the second quarter as the video infrastructure services company said it has seen decreased demand in its video business. Shares fell 13% to $6.21 premarket.
- [By Garrett Cook]
Shares of Harmonic (NASDAQ: HLIT) were down 8.91 percent to $6.50 after the company lowered its Q2 forecast and issued a weak Q3 guidance.
Riverbed Technology (NASDAQ: RVBD) shares tumbled 5.85 percent to $19.16 after the company lowered its Q2 revenue forecast.
- [By Roberto Pedone]
Harmonic (HLIT) designs, manufactures and sells versatile and hig-performance video products and system solutions that enable service providers to efficiently deliver the next generation of broadcast and on-demand services. This stock closed up 1.8% to $7.81 in Tuesday's trading session.
Tuesday's Range: $7.61-$7.85
52-Week Range: $3.96-$8.04
Tuesday's Volume: 656,000
Three-Month Average Volume: 777,544From a technical perspective, HLIT bounced modestly higher here right above its 50-day moving average of $7.51 with decent upside volume. This stock has been uptrending a bit for the last month, with shares moving higher from its low of $7.10 to its intraday high of $7.85. During that move, shares of HLIT have been consistently making higher lows and higher highs, which is bullish technical price action. That move is now pushing shares of HLIT within range of triggering a big breakout trade. That trade will hit if HLIT manages to take out some near-term overhead resistance at $8 to its 52-week high at $8.04 with high volume.
Traders should now look for long-biased trades in HLIT as long as it's trending above its 50-day at $7.51 or above more support at $7, and then once it sustains a move or close above those breakout levels with volume that hits near or above 777,544 shares. If that breakout triggers soon, then HLIT will set up to enter new 52-week high territory, which is bullish technical price action. Some possible upside targets off that move are $9.50 to $10.50.
- [By Seth Jayson]
Harmonic (Nasdaq: HLIT ) is expected to report Q1 earnings on April 23. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Harmonic's revenues will decrease -10.8% and EPS will decrease -66.7%.
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