52 Week Low Stocks to Watch For a Bounce Next Week Announced By Penny Stock Picks. Horizon Pharma, Inc., Acura Pharmaceuticals, Inc., Best Buy Co., Inc., Solazyme, Inc.
Huntington Beach, CA (PRWEB) November 02, 2012
http://www.PSPicks.com provides its subscribers with a free newsletter that reports up to the minute information and exclusive charts on cheap, undervalued, hidden, and undiscovered stocks in the United States with the potential of fast gains.
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Stocks finished down 1 percent Friday, wiping out the previous session’s gains. The New 52-Week Low indicates a stock is trading at its lowest price in the past 52 weeks. This is an important indicator for many investors in determining the current value of a stock or predicting a trend in a stock’s performance. One popular strategy employed by stock traders is to purchase companies hitting new lows in the hopes for a bounce.
Here are a few stocks that made the PSPicks screener.
Horizon Pharma, Inc., a biopharmaceutical company, through its subsidiaries, develops and commercializes medicines for the treatment of arthritis, pain, and inflammatory diseases. The stock hit a new low Friday of $ 2.31.
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Acura Pharmaceuticals, Inc., a specialty pharmaceutical company, engages in the research, development, and manufacture of pharmaceutical product candidates utilizing its proprietary Aversion and Impede technologies. The stock hit a new low Friday of $ 1.32.
Best Buy Co., Inc. operates as a retailer of consumer electronics, computing and mobile phone products, entertainment products, appliances, and related services primarily in the United States, Europe, Canada, and China. The stock hit a new low Friday of $ 14.62.
Solazyme, Inc. engages in the production of renewable oil with a focus on chemicals and fuels, nutrition, and skin and personal care markets. The stock hit a new low Friday of $ 7.61.
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