Weekly Comments – May 22, 2017 – DAR, IRBT, LCII, OLED, REX

DAR  –  Recent technical developments.  Just over a week ago investors expressed their displeasure with financial performance in Darling Ingredients first quarter ending March 2017.  The shares were pulled downward by a round of selling activity beginning of the…

IRBT  –  Updated view following price movement.  Last week shares of iRobot set a new 52-week high price as traders intensified their pursuit of the technology darling.  At the end of the week the Company disclosed a new investigation by the U.S. International…

LCII   –  Revised outlook on technical developments.  Negative political news caused turmoil in the U.S. equity market last week and few stocks were immune.  Shares of LCI Industries were not immune to the downdraft.  The shares set a new 52-week low in…

OLED  –  Rating change following price move.  Last week shares of Universal Display set a new 52-week high price despite the ‘risk-off’ sentiment that took over in the U.S. equity market as a consequence of negative political news.  The stock had registered as…

REX  –  Preview of earnings report.  REX American Resources is on the calendar to report financial results for the fiscal first quarter ending April 2017, on Wednesday this week before the market open.  There is no consensus estimate for the quarter.  In the same…

 

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