John Ransom

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

Stock number one: Neurocrine Biosciences

Neurocrine shares keep climbing- AP

Shares of Neurocrine Biosciences Inc. surged in premarket trading Tuesday morning, a day after the drug developer surprised some analysts with positive results from a mid-stage study of one of its experimental drugs. The San Diego company had said Monday that a potential treatment labeled NBI-98854 fared much better than a placebo, or fake drug, in reducing the symptoms of tardive dyskinesia, an illness that causes involuntary movements and spasms.

Symbol: NBIX

Dividend: NA

Forward PE: NA; Trailing PE NA;


Estimate Trend: NA

Ransom Note Trendline: Avoid Neurocrine Bioscience

NBIX Chart

NBIX data by YCharts

Stock number two: Pharmacyclics Inc.

Pharmacyclics shares soar after panel says cancer drug met goals- MarketWatch

Pharmacyclics Inc., a company developing cancer treatments, saw its shares soar 18% Tuesday after an independent committee recommended that Phase 3 tests on its Imbruvica drug be stopped because the therapy had already met several goals.

The drug, used to treat particular forms of leukemia and lymphoma, showed “statistically significant” improvement in survival rates for patients using Imbruvica versus another drug, Ofatumumab, Pharmacyclics

Symbol: PCYC

Dividend: NA

Forward PE: 705; Trailing PE: 214

PEG: 1,113

Estimate Trend: NA

Ransom Note Trendline: Hold Pharmacyclics

PCYC Chart

PCYC data by YCharts

Stock number three: Rally Software Development Corp.

Rally Software initiated with an Overweight, named a Top Pick at Stephens—Fly on the Wall

Stephens initiated Rally Software with an Outperform and named it an 2014 Best Idea given its best in class product, high customer satisfaction, strong management, and improving end markets. Price target is $30. Target $30.

Symbol: RALY

Dividend: NA

Forward PE: NA; Trailing PE: NA


Estimate Trend: None

Ransom Note Trendline: For Aggressive, experienced Investors, Buy at pullback to $18.

RALY Chart

RALY 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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