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Bolan's Blowout looks at Alarm.com (ALRM) and Horizon Global (HZN)
In this edition of Bolan’s Blowouts Brian Bolan takes a look at ALRM which reported a beat and raise quarter last evening. Brian speaks to the analysts and the potential for future upgrades, but notes that Goldman Sachs has increased their price target to $34 from $31. In after hours trading last night, Brian saw the stock trading around $33.75, but the high for the day so far is only $33. The meager gain of around 3% looks to be a great buying opportunity. Horizon Global is the stock that is getting blown off the books as it is down 21% over the last few sessions. The company missed pretty badly and earnings estimates have plunged.
More Stock News: 8 Companies Verge on Apple-Like Run Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>