John Ransom

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

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Stock number one: Bed Bath & Beyond Inc.

Stocks to Watch: Bed Bath & Beyond, Rite Aid, EBay --Wall Street Journal

Among the companies with shares expected to actively trade in Thursday’s session are Bed Bath & Beyond Inc., Rite Aid Corp. and EBay Inc. Bed Bath & Beyond’sfiscal fourth-quarter earnings fell 11% as the home-furnishings retailer recorded a drop in sales. Shares fell 5.2% to $64.35 premarket.

Symbol: BBBY

Trailing PE: 13; Forward PE: 11

PEG: 1.23

Dividend: NA

Estimate Trend: Down

Ransom Note Trendline: Avoid Bed, Bath and Beyond

BBBY Chart

BBBY data by YCharts

Stock number two: MGM Resorts

MGM holds up amid broader downtrend after analyst recommends stock --Fly on the Wall

Shares of MGM Resorts (MGM) are slightly higher in a down market after research firm Stifel said the stock was attractive following its recent retreat. WHAT'S NEW: MGM's stock has come under pressure recently, partly due to concerns over recent data from the Chinese gambling hub of Macau and worries about China's general economic outlook

Symbol: MGM

Trailing PE: NA Forward PE: 42

PEG: 6.26

Dividend: NA

Estimate Trend: Up

Ransom Note Trendline: Buy MGM

MGM Chart

MGM data by YCharts

Stock number three: Gogo Inc.

Why Gogo (GOGO) Stock Is Up Today-- The Street.com

Shares of Gogo Inc. are up 5.3% to $20.38 on Thursday following news that the company and Boeing will pursue in-flight connectivity solutions on Boeing commercial aircrafts. The agreement between Gogo, an in-flight connectivity and wireless in-flight digital entertainment solutions company, and Boeing, will initiate the evaluation process for potential installation on new Boeing aircraft orders.

Symbol: GOGO

Trailing PE: NA; Forward PE: NA

PEG: -1.45

Dividend: NA

Estimate Trend: Up

Ransom Note Trendline: Avoid GoGo

GOGO Chart

GOGO data by YCharts


John Ransom

John Ransom is the Finance Editor for Townhall Finance.
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