John Ransom

Welcome to John Ransom’s Stocks in the News where the headlines meet the trendlines:

Stock number one: Adept Technology.

And the headline says: Adept Technology joins rally in robot space, shares up 6% - Yahoo Finance

Shares of intelligent robot maker Adept Technology (ADEP) are benefiting from increased interest in the space following Raymond James upgrade of peer iRobot (IRBT) and Google's (GOOG) purchase yesterday of Boston Dynamics, an engineering company that has designed mobile research robots for the Pentagon. Shares of Adept are up 6%, or 76c, to $12.45 in late morning trading.

Note: The stock has had a really good run since rallying in August 2012. If you have profits take them. Small market-cap; lack of earnings visibility are problems

Symbol: ADEP

Dividend: N/A

Forward PE:NA; Trailing PE NA;

PEG: 0

Estimate Trend: UP

Ransom Note Trendline: Sell Adept Technology

ADEP Chart

ADEP data by YCharts

Stock number two: iRobot Corporation.

iRobot surges after analyst upgrades to Strong Buy Fly on the Wall

Shares of robot maker iRobot (IRBT) are climbing after research firm Raymond James upgraded the stock in a note to investors earlier today. WHAT’S NEW: iRobot’s new vacuum robot, the Roomba 800, should boost iRobot’s sales in 2014, Raymond James analyst Brian Gesuale wrote in a note to investors. Also likely to boost the company in 2014 are the expansion of the company’s mopping robot, the Braava, into new markets and the higher gross profits that the additional Braava sales will generate, the analyst added.

Note: Gesuale’s price target is $39 and the stock has printed today at $37.10

Symbol: IRBT

Dividend: NA

Forward PE: 58; Trailing PE: 32

PEG: 3.66

Estimate Trend: Up

Ransom Note Trendline: Hold iRobot

IRBT Chart

IRBT data by YCharts

Stock number three: Gogo Inc.

5 of Last Week's Biggest Losers — Motley Fool

Gogo soared 23% a week earlier after announcing certification for deploying its Ku-satellite technology in Boeing 747-400 aircraft. The move allows the in-flight Wi-Fi provider to make an international push. Gogo gave back roughly half of those gains this past week. There was legislation introduced in Congress to block voice calls -- something that could be seen as detrimental to the value of Gogo's airborne connectivity -- but the sell-off was probably more a case of profit-taking after the prior week's rally.

Symbol: GOGO

Dividend: NA

Forward PE: NA; Trailing PE: NA


Estimate Trend: Flat

Ransom Note Trendline: Sell GOGO

GOGO Chart

GOGO data by YCharts

John Ransom

John Ransom’s writings on politics and finance have appeared in the Los Angeles Business Journal, the Colorado Statesman, Pajamas Media and Registered Rep Magazine amongst others. Until 9/11, Ransom worked primarily in finance as an investment executive for NYSE member firm Raymond James and Associates, JW Charles and as a new business development executive at Mutual Service Corporation. He lives in San Diego. You can follow him on twitter @bamransom.

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