Investors in a handful of health-care stocks are probably all smiles this week. Several stocks saw nice double-digit gains over the past five days. Here are three of the biggest winners.
Co-opting the competition
Questcor Pharmaceuticals (NASDAQ: QCOR ) ranks at the top of the list. Shares soared 27% on news that the company is acquiring a potential rival drug.
Earlier this week, Questcor announced that it's buying rights to Synacthen from Novartis (NYSE: NVS ) for $135 million plus potential milestone payments. Synacthen is a synthetic form of adrenocorticotropic hormone, or ACTH, and has been viewed as a potential threat to Questcor's Acthar gel. While Synacthen isn't yet available in the U.S., the drug sells elsewhere in the world for only a fraction of Acthar's cost.
Skeptics of Questcor's success have long maintained that the company would inevitably face competition from lower-cost alternative drugs. Questcor appears to have headed off one of those threats with this acquisition. The company says it plans to actively promote Synacthen for different indications than those for which Acthar is used and potentially some common indications where the synthetic product shows better clinical efficacy.
Best High Tech Stocks For 2014: Fire River Gold Corp. (FAU.V)
Fire River Gold Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties, primarily gold, silver, and base metal properties in Canada and the United States. It principally owns a 100% interest in the Nixon Fork gold mine that covers an area of 11,000 acres located to the northeast of McGrath, Alaska. The company was incorporated in 1997 and is based in Vancouver, Canada.
Best High Tech Stocks For 2014: Hercules Technology Growth Capital Inc (HTGC)
Hercules Technology Growth Capital, Inc. (HTGC), incorporated on December 18, 2003, is an internally managed, non-diversified closed-end investment company. The Company is a specialty finance company focused on providing senior secured loans to venture capital-backed companies in technology-related markets, including technology, biotechnology, life science, and clean-technology industries at all stages of development. The Company's investment objective is to maximize the Company's portfolio total return by generating current income from its debt investments and capital appreciation from its equity-related investments. The Company invests primarily in structured debt with warrants and, to a lesser extent, in senior debt and equity investments. The Company also makes investments in qualifying small businesses through two wholly-owned, small business investment company (SBIC) subsidiaries, Hercules Technology II, L.P. (HT II) and Hercules Technology III, L.P. (HT III).
The Company focuses its investments in companies active in the technology industry sub-sectors characterized by products or services that requires advanced technologies, including, but not limited to, computer software and hardware, networking systems, semiconductors, semiconductor capital equipment, information technology infrastructure or services, Internet consumer and business services, telecommunications, telecommunications equipment, renewable or alternative energy, media and life science. Within the life science sub-sector, the Company generally focuses on medical devices, bio-pharmaceutical, drug discovery, drug delivery, health care services and information systems companies. Within the clean technology sub-sector, the Company focuses on sustainable and renewable energy technologies and energy efficiency and monitoring technologies. The Company refers to all of these companies as technology-related companies and intend, under normal circumstances, to invest at least 80% of the value of its assets in such businesses. Advisors' Opinion:
- [By Helix Investment Research]
Keating Capital is far from the only publicly traded pre-IPO investment company. There are several others, including GSV Capital (GSVC) and Firsthand Technology Value Fund (SVVC). Hercules Technology Growth Capital (HTGC) is also a pre-IPO fund, but with the bulk of its assets (over 92%) invested into loans to and debt of private companies, as opposed to their equity, the company's investment philosophy is different than that of these other pre-IPO funds. Unlike GSV Capital and Firsthand, Keating Capital, as a matter of policy, always purchases equity directly from portfolio companies, never from secondary markets such as SharesPost or SecondMarket. Mr. Keating outlined that this is due to the company's requirement that it be given access to all relevant financial data and managerial projections of its portfolio companies at all times, something that Mr. Keating believes is essential to being able to make informed investor decisions. We note that shares of Facebook (FB) and Twitter are conspicuously absent from Keating Capital's portfolio; the company declined to purchase shares of either company due to an inability to acquire direct financial information regarding these companies. In addition, Keating Capital has a stated goal of investing in the most senior equity securities available at each portfolio company.
Top 10 Undervalued Stocks To Own For 2014: Pluristem Therapeutics Inc.(PSTI)
Pluristem Therapeutics Inc., a bio-therapeutic company, engages in the research, development, and commercialization of standardized cell therapy products for the treatment of life threatening diseases. The company?s products are derived from human placenta, a non-controversial, non-embryonic, adult cell source. Its Placental adherent stromal cells are grown in the company's proprietary PluriX three-dimensional process that allows cells to grow in a natural environment. The company provides PLX-PAD that has completed Phase I clinical trials for people suffering from peripheral artery disease. It also offers various product candidates for diabetic foot ulcers, adjuvant hip replacement surgery, athletic injuries, inflammatory bowel disease, multiple sclerosis, neuropathic pain, ischemic stroke, adjuvant for UCB transplantation, and radiation exposure. The company was formerly known as Pluristem Life Systems Inc. and changed its name to Pluristem Therapeutics Inc. in November 2007. Pluristem Therapeutics Inc. was founded in 2001 and is headquartered in Haifa, Israel.
Advisors' Opinion:- [By John Udovich]
Stem cell stocks have not exactly been the best performers lately in part because the controversy over their use has died down over the years while major breakthroughs have been few or far between, but the industry along with small cap stem cell stocks Pluristem Therapeutics Inc (NASDAQ: PSTI), BioTime, Inc (NYSEMKT: BTX) and BioRestorative Therapies (OTCBB: BRTX) are still quietly producing their share of news or minor breakthroughs worth taking note of. Just consider the following stem cell news or news from small cap players in the sector:
- [By James E. Brumley]
Traders may not want to get married for the long haul to any of them, but for speculators looking for a quick, profitable hit, Arca Biopharma Inc. (NASDAQ:ABIO), Pluristem Therapeutics Inc. (NASDAQ:PSTI), and Bacterin International Holdings Inc. (NYSEMKT:BONE) may be better-than-average bets. Here's why.
Best High Tech Stocks For 2014: William Hill(WMH.L)
William Hill PLC, together with its subsidiaries, provides gaming and betting services across online, on the high street, and on the phone channels primarily in the United Kingdom. It operates licensed betting offices (LBOs), which combine over-the-counter (OTC) sports-betting and gaming machines that enable customers to bet on sporting and other events. The company also operates williamhill.com and a series of other gaming Web sites that provide sports betting, casino games, poker, bingo, skills games, financial betting, in-play betting, and other gaming products; and call centers in Leeds and Sheffield, which offer telephone betting services, including telephone bet capture positions, SMS text betting, and live commentary services. In addition, William Hill provides on-course betting services; and owns and operates two greyhound stadia in Sunderland and Newcastle. As of June 21, 2011, it operated approximately 2,300 betting shops in Ireland and Britain. The company was f ounded in 1934 and is based in London, the United Kingdom.
Best High Tech Stocks For 2014: Breadtalk Group Limited (5DA.SI)
BreadTalk Group Limited, an investment holding company, engages in manufacturing, retailing, and franchising various food, bakery, and confectionary products. The company is involved in baking, manufacturing, and dealing in bread, flour, and biscuits; and managing and operating food courts, and operating food and drinks outlets within the food courts. It also operates food and drinks outlets, eating houses, and restaurants. As of December 31, 2011, the company operated 471 owned and franchised bakery outlets, 37 food courts, and 26 restaurants under the BreadTalk, Bread Society, Food Republic, Toast Box, RamenPlay, Din Tai Fung, The Icing Room, and Carl's Jr. brand names. It has operations in the People�s Republic of China, Singapore, Indonesia, the Philippines, Malaysia, Hong Kong, India, Jordan, Kuwait, Thailand, Korea, Bahrain, Oman, Vietnam, and Taiwan. The company was founded in 2000 and is based in Singapore.
Best High Tech Stocks For 2014: Tsakos Energy Navigation Ltd(TNP)
Tsakos Energy Navigation Limited, together with its subsidiaries, provides seaborne crude oil and petroleum product transportation services worldwide. The company offers marine transportation services for national and independent oil companies and refiners under long, medium, and short-term charters. As of August 16, 2011, its fleet consisted of 50 vessels comprising 59 tankers, including 2 dynamic positioning 2 (DP2) shuttle tankers under construction, and 1 liquefied natural gas carrier. The company was formerly known as MIF Limited and changed its name to Tsakos Energy Navigation Limited in July 2001. Tsakos Energy Navigation Limited was founded in 1993 and is based in Athens, Greece.
Advisors' Opinion:- [By Rick Munarriz]
We can start with Tsakos Energy Navigation Limited (NYSE: TNP ) . Shares of the energy transporter moved 27% higher last week after surprising the market with a quarterly profit. Business isn't great at Tsakos. Revenue dipped slightly during the period, and a profit of $0.02 a share may not turn heads. However, analysts were bracing for a loss of $0.08 a share on a sharper decline in revenue.
- [By Travis Hoium]
What: Shares of energy transporter Tsakos Energy Navigation Limited (NYSE: TNP ) jumped 17% today after the company released earnings.
Best High Tech Stocks For 2014: TiVo Inc.(TIVO)
TiVo Inc., together with its subsidiaries, provides technology and services for television solutions, including digital video recorders (DVRs) and connected televisions in the United States and internationally. The company offers subscription-based TiVo service, which enhances home entertainment by providing consumers with a way to record, watch, and control live television, as well as to receive videos, pictures, and movies from cable, broadcast, and broadband sources in one interface. It also provides a platform for advertising and audience research measurement services. TiVo Inc. distributes the TiVo DVR through consumer electronics retailers and its online store at TiVo.com, as well as the TiVo service through agreements with satellite and cable television service providers; and broadcasting companies. As of January 31, 2011, it had approximately 1.5 million subscriptions to the TiVo service. The company was founded in 1997 and is headquartered in Alviso, California. Advisors' Opinion:
- [By Rick Munarriz]
Google's (NASDAQ: GOOG ) finally playing nice with TiVo (NASDAQ: TIVO ) .
Shares of TiVo soared 8% yesterday after the DVR pioneer reached a settlement with Google's Motorola Mobility unit, but the stock's getting slammed this morning after the amount that it will be receiving will be far less than what was originally projected.
- [By WALLSTCHEATSHEET.COM]
Analysts like the stock: 15 Buy, 1 Hold, 0 Sell. However, when profits are scarce and employees aren�� confident in the direction of the company or their leader, there is significant cause for concern. Patent settlements have helped Tivo, but experienced�investors want organic growth and consistent profits.
Best High Tech Stocks For 2014: First Bancshares Inc.(FBSI)
First Bancshares, Inc. operates as the bank holding company for the First Home Savings Bank that offers a range of community banking products and services in Missouri. It primarily engages in generating deposits and originating loans. The company?s deposit products include negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans. Its loan portfolio comprises real estate loans, such as residential mortgage, commercial real estate, land, and second mortgage loans; consumer loans, including automobile, recreational vehicles, mobile home, savings account, and various other consumer loans; and commercial business loans. As of February 14, 2012, the company operated from its home office in Mountain Grove and 10 full service offices in Marshfield, Ava, Gainesville, Sparta, Springfield, Theodosia, Crane, Galena, Kissee Mills, and Rockaway Beach, Missouri. First Bancshares, Inc. was founded in 1 911 and is based in Mountain Grove, Missouri.
No comments:
Post a Comment