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 Click to see monthly returns in table format!

Lists

Qihoo 360 Technology Co Ltd (QIHU), Actavis plc (ACT), Yahoo! Inc. (YHOO) Among 20 Long Ideas from Sohn Canada

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

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!