Facebook Inc (FB), Edwards Lifesciences Corp (EW): Reasons to Buy These Three Stocks

Page 1 of 2

It has been a tough year for Edwards Lifesciences Corp (NYSE:EW). The stock has declined 24% in 2013 alone due to disappointing sales.

Canaccord’s Jason Mills came out with a note on Monday saying that he expects the company to prevail in its German patent infringement suit against Medtronic, Inc. (NYSE:MDT). The analyst also upgraded the stock with a “Buy” rating and a $85 price target.

Edwards Lifesciences Corp (NYSE:EW)

Edwards Lifesciences Corp (NYSE:EW) is a medical equipment company specifically in the cardiovascular space. The company is objecting to Medtronic’s CoreValue product, which is part of a line to aid in the treatment of aortic stenosis patients (those considered inoperable). The market is believed to be $4 billion per year – but the company is in competition with Medtronic, Inc. (NYSE:MDT).

The key is whether or not Edwards Lifesciences can secure its patent disputes, and become the leader in this space. At this point, it is yet to be seen – but Canaccord is taking the side of Edwards Lifesciences Corp (NYSE:EW). Personally, I’d wait to see how it all plays out.

This smartphone supplier is a “Strong Buy”

Last Friday, there were reports that Samsung had issued building cuts of the Galaxy S4. RF Micro Devices, Inc. (NASDAQ:RFMD) is a leading supplier – it immediately traded lower on the news – but Charter Equity is saying “no worries” with its Strong Buy upgrade.

According to the firm, channel checks indicate strong sales and any weakness are focused primarily in Europe. The firm also notes that RF Micro is a supplier for more than just the Galaxy S4, and that growth as a whole is robust.

In addition to its current fundamentals, Charter speculates that RF Micro Devices, Inc. (NASDAQ:RFMD) will win the amplifier design and will maintain the antenna tuner for upcoming iPhones. With both of these developments, Charter sees upside of 160%! RF Micro moved almost 4% on the news.

While I am not sure of the 160% premium awarded, I tend to agree with the reasons of Charter. The smartphone market is growing, and RF Micro plays a pivotal role. During its last quarter alone, the company grew sales nearly 50% year-over-year and trades at just 1.5 times 12 months sales. Therefore, I agree that there is indubitably value present in this stock.

I couldn’t agree more with this call

Stifel has been one of the logical firms who cover Facebook Inc (NASDAQ:FB). In the past, Stifel has not been dictated by price movement when making its calls. Hence, on January 31, when the stock was $31, the firm downgraded the stock to “Hold” as other firms were upgrading the stock. Now, the firm is upgrading to “Buy” and sees value in the future.

According to Stifel, Q2 PC ad sales will see a boost. The firm expects Facebook Inc (NASDAQ:FB) to benefit as companies prepare for back to school marketing campaigns, and believes that Facebook will see strong growth from a competitive market. Furthermore, Stifel predicts Facebook Inc (NASDAQ:FB) being part of the S&P 500 in the immediate future, which could lead to further buying pressure from index funds.

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

Burger Kings: The 10 Most Expensive Burgers in the World

The 10 Most Ethnically Diverse Countries in the World

The 10 Most Exclusive Credit Cards in the World

The 10 Most Expensive Cruise Ships in the World

The 10 Fastest Supercomputers in the World

The 10 Best Countries for Doing Business 2015

6 Most Expensive Fruits In The World

10 Worst Airlines in the World

The 10 Biggest Tax Havens in the World to Stash Your Money

The 15 Most Murderous Countries in the World

10 Largest Colleges in the World: Bigger Isn’t Always Better

Comedians in Cars Getting Coffee: The 6 Comedians Seinfeld Needs to Interview

Easy Money: The 10 Most Successful Investors in the World Today

The 10 Most Deadly Diseases in the World Today

The 5 Most Expensive Luxury Motorhomes in the World

20 Largest Stock Exchanges in the World

6 Richest Painters In The World 2014

The 6 Countries with the Best Hospitals In The World

10 Largest Beer Brewing Companies in the World

The 10 Richest Fitness Gurus In the World to Pump You Up

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!