Home / Street Sector / Recommended Mix Momentum Stocks: Brocade Communications Systems (NASDAQ:BRCD), Apollo Investment (NASDAQ:AINV), Boston Scientific (NYSE:BSX)

Recommended Mix Momentum Stocks: Brocade Communications Systems (NASDAQ:BRCD), Apollo Investment (NASDAQ:AINV), Boston Scientific (NYSE:BSX)

Brocade Communications Systems, Inc. (NASDAQ:BRCD) [Trend Analysis] retains strong position in active trade, as shares scoring -1.36% to $7.97 in a active trade session, while looking at the shares volume, around 4.67 Million shares have changed hands in this session. Brocade Communications Systems Inc. (BRCD) reported fiscal second-quarter net income of $43.1 million. The San Jose, California-based company said it had profit of 11 cents per share. Earnings, adjusted for pretax expenses and stock option expense, were 22 cents per share. The results matched Wall Street expectations.

The average estimate of 12 analysts surveyed by Zacks Investment Research was also for earnings of 22 cents per share. The computer networking company posted revenue of $523.3 million in the period, falling short of Street forecasts. Eight analysts surveyed by Zacks expected $526.6 million. The firm has institutional ownership of 90.00%, while insider ownership included 0.60%. BRCD attains analyst recommendation of 2.90 with week’s performance of 0.50%. Investors looking further ahead will note that the Price to next year’s EPS is 0.79%.

Shares of Apollo Investment Corporation (NASDAQ:AINV) [Trend Analysis] swings enthusiastically in regular trading session, it a decrease of -5.81% to close at $5.35. Apollo Investment Corp. (AINV) reported that a fourth-quarter loss per share of $0.10 compared to a loss of $0.05, prior year. The company reported net investment income of $0.20 per share for the quarter ended March 31, 2016 compared to $0.21 per share for the quarter ended December 31, 2015. The company’s net asset value was $7.28 per share as of March 31, 2016 compared to $7.56 as of December 31, 2015. AINV experts calculate Return on Investment of 6.60%. The stock is going forward its fifty-two week low with 30.20% and lagging behind from its 52-week high price with -23.27%. AINV last month stock price volatility remained 2.41%.

Boston Scientific Corporation (NYSE:BSX) [Trend Analysis] knocking active thrust in leading trading session, shares a loss of -0.54% to 22.17 with around 7.42 Million shares have changed hands in this session. Boston Scientific Corp. (BSX) reported that it has launched the Precision Montage MRI Spinal Cord Stimulator or SCS System after receiving approval from the U.S. Food and Drug Administration or FDA.

The Precision Montage System offers customized relief to patients with chronic pain while also enabling safe access to full body magnetic resonance imaging or MRI in a 1.5 Tesla environment when conditions of use are met. Boston Scientific is introducing the system at the 8th World Congress of the World Institute of Pain in New York City on May 20 to 23, 2016. The stock is going forward its fifty-two week low with 56.35% and lagging behind from its 52-week high price with -3.65%.  Likewise the positive performance for the quarter recorded as 29.20% and for the year was 23.30%, while the YTD performance remained at 20.23%. BSX has Average True Range for 14 days of 0.40.

 

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