Q2 STOCKS TO BUY

Buzz Stocks: Sears Holdings Corp, Horizon Pharma PLC, and Voyager Therapeutics Inc

Today's stocks to watch in the news include Sears Holdings Corp (NASDAQ:SHLD), Horizon Pharma PLC (NASDAQ:HZNP), and Voyager Therapeutics Inc (NASDAQ:VYGR)

Dec 8, 2016 at 9:28 AM
facebook X logo linkedin


U.S. stock futures are trading above fair value, following the European Central Bank's (ECB) latest policy decision. Among specific equities in focus today are retail stock Sears Holdings Corp (NASDAQ:SHLD), as well as drugmakers Horizon Pharma PLC (NASDAQ:HZNP) and Voyager Therapeutics Inc (NASDAQ:VYGR). Here's a quick look at what's driving SHLD, HZNP, and VYGR.

  • SHLD is down 1%, after the retailer posted another disappointing earnings report. The company logged its fifth straight quarterly loss, with Chief Financial Officer Jason Hollar saying "We cannot guarantee when we will return to profitability." Based on last night's close at $12.12, the stock has already lost 41% in 2016, and the fundamental and technical struggles have attracted heavy skepticism. Specifically, 15.7 million Sears Holdings Corp shares are controlled by short sellers, which equates to 72.1% of the stock's available float, or 27.4 times the average daily trading volume. 
  • HZNP is set to drop 19% out of the gate -- and was halted earlier -- on news the company is suspending the trial of its Friedreich's ataxia treatment after the drug failed to meet its goals in a late-stage study. The stock has struggled on the charts in 2016, losing 10.5% to close last night at $19.39. If the shares don't pick up the pace, a round of bearish analyst attention could pressure Horizon Pharma PLC even further. For instance, six of seven brokerage firms rate HZNP a "strong buy," with no "sell" recommendations on the books. 
  • VYGR, on the other hand, reported positive results in an early stage study for its Parkinson's disease treatment. Voyager Therapeutics Inc is now on pace to open 31% higher -- on track for its biggest one-day percentage gain since going public in November 2015. Still, the projected price move would leave VYGR, which closed Wednesday at $13.73, below breakeven on a year-to-date basis. If short sellers begin to cover amid this pending surge, however, the stock could flourish. That is, it would take these bears more than two weeks to cover their positions, based on average daily volumes. 

Stay on top of overnight news & big morning movers. Sign up now for Schaeffer's Opening View.

 
 

“Buy This Stock Now!” - Expert Who Called 11x On TSLA

He called a rare 11x on Tesla…

But now, thanks to Elon & Trump’s new alliance…

He says there’s a new opportunity that could be 1,000x BIGGER than Tesla – and it could completely revolutionize a $23 Trillion market.

It’s trading for less than $5 per share right now…

But it won’t be under the radar for long.

Discover The 1,000x Bigger Elon Opportunity Here

GRAND SLAM COUNTDOWN

 
 

Featured Articles from Trusted Partners:

👀Learn How Dividends Create Passive Income for Life
Receive $200 Off Motley Fool Epic. The Motley Fool Epic $299 discounted offer is based on $499/year list price. Introductory promotion for new members only. Take control of your money and your portfolio with Motley Fool Epic.

💵New Income System Could Pay You $4,243 Monthly
You could collect an average of $4,243 per month starting as early as next week with a new payout system for income investors. New registrations are being accepted for investors who want to be in a position to start with their first payout next week.

🚀Easy 92% Crypto Dividends (No Coins Required)
COIN stock doesn't pay a dividend... But there's actually a new way to collect a massive dividend that's indirectly based on the stock and offers a terrific monthly income (currently yielding nearly 92% on a forward basis).

🤝Free Advisor Match with Wiseradvisor.com
Don't leave your retirement to chance! Get matched with a trusted financial expert for FREE and make the most of your tax refund. Get started now.

⚠️Dennis Quaid's #1 Warning for Americans
Here's the thing: life doesn't come with guarantees. The economy shifts, markets stumble, and years of hard work could slip through your fingers like sand. But it doesn't have to be that way for you. So request a free copy of this Gold & Silver Guide that will arrive right to your doorstep when you act now.

 

 
 

Follow us on X, Follow us on Twitter