This blog follows the US stock market daily. Free market news, market comments, stock charts, stock and options buy/sell suggestions are provided throughout the day.
Wednesday, February 19, 2014
LIOX A Strong Stock To Consider
Lionbridge Technologies Inc. (LIOX $7.24)
Company provides language, development, and testing services.
Stock broke above $7 and price trend is up. Next resistances are $8.55 then $11.40. Support is $7. Company experienced 3 consecutive quarters earning surprises of over 100% compared with consensus estimates. Its 2015 estimated PE/G is a very bullish 0.37. This means in order for its PE to catch up with G, its stock price will need to rise to $18.9. IBD Composite rating is a very strong 97.
Monthly chart of LIOX
Disclaimer: The above write up is for your information only. You are responsible for your own risk when taking position in these stocks. Author of this blog may already own shares in these stocks.

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