Eye Catching Stocks: DSW (DSW), LinkedIn (LNKD), Ralph Lauren (RL)
LinkedIn Corporation (LNKD) failed to extend gains with the stock declining -3.55% or $-3.99 to close the day at $108.44 on light trading volume of 4.22M shares, compared to its three month average trading volume of 3.78M. The Mountain View California 94043 based company has been underperforming the internet information providers group over the past 52 weeks, with the stock losing -57.66%, compared to the industry which has advanced 20.36% over the same period. With RSI of 43.56, the stock should still continue to rise and get closer to its one year target estimate of $169.56, making it a hold for now.
Upside Outweighs Downside Risk for LinkedIn Corporation Click Here To View Our Analysis Of LNKD
Ralph Lauren Corporation (RL) fell -3.51% during last trading as the stock lost $-3.32 to finish the day at $91.24 with about 1.39M shares changing hands, compared to its three month average trading volume of 1.42M. The $7.94B market cap company, which fluctuated between $90.53 and $94.48 during the day, currently situated 11.64% above its 52 week low of $82.15 and -34.16% away from its one year high of $141.03. The RSI of 42.55 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
We Like Ralph Lauren Corporation And See The Fair Value Higher, Click Here To See How High RL Can Move.
DSW Inc. (DSW) saw its value decrease by -3.44% as the stock dropped $-0.93 to finish the day at a closing price of $26.09. The stock was lighter in trading and has fluctuated between $21.23-$39.58 per share for the past year. The shares, which traded within a range of $26.07 to $26.94 during the day, are up by 9.49% in the past three months and up by 4.98% over the past six months. It is currently trading -3.71% below its 20 day moving average and 1.83% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $28.71 a share over the next twelve months. The current relative strength index (RSI) reading is 46.64.The technical indicator lead us to believe there will be no major movement any time soon, hold.
We Recommend DSW Inc. For Investors, Click Here To See Our Full Report.