Hot High Tech Stocks To Watch For 2019

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U.S. inflation data due, decision day at the Bank of England, and Trump meets freed hostages ahead of North Korea summit. Here are some of the things people in markets are talking about today.

Inflation

Headline consumer prices are forecast to show a rise of 2.5 percent in April from a year earlier when the data is published at 8.30 a.m. Eastern Time. With some Fed policymakers already expressing a lack of concern about a short-term overshoot on the inflation level, a move further away from the bank’s 2 percent target is unlikely to ruffle too many feathers as long as the recent rise in oil prices doesn’t feed into sharper moves higher in the price level. 

Bank of England 

Today’s Bank of England decision is expected to show no change in rates following a raft of weaker-than-forecast economic data for the first quarter of the year. Traders will be looking for any change from the previous 7-2 vote in favor of a hold when the decision is announced at 7 a.m. Today’s announcement will be accompanied by an updated inflation report and will be followed by a press conference with Bank of England Governor Mark Carney at 7:30 a.m., which investors will watch closely to see if a 2018 rate rise remains on the table. 

Hot High Tech Stocks To Watch For 2019: Applied Industrial Technologies, Inc.(AIT)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Applied Industrial Technologies (AIT)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Shane Hupp]

    Applied Industrial Technologies (NYSE:AIT)’s share price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $76.38 and last traded at $76.35, with a volume of 2108 shares traded. The stock had previously closed at $75.50.

  • [By Stephan Byrd]

    AICHAIN (CURRENCY:AIT) traded up 5.1% against the U.S. dollar during the 24 hour period ending at 0:00 AM ET on May 29th. AICHAIN has a total market cap of $13.40 million and approximately $1.60 million worth of AICHAIN was traded on exchanges in the last 24 hours. During the last week, AICHAIN has traded 13.4% lower against the U.S. dollar. One AICHAIN token can now be bought for approximately $0.0250 or 0.00000335 BTC on cryptocurrency exchanges including CoinEgg, BCEX, Allcoin and BigONE.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Applied Industrial Technologies (AIT)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Hot High Tech Stocks To Watch For 2019: NutriSystem Inc(NTRI)

Advisors’ Opinion:

  • [By Max Byerly]

    Nutrisystem (NASDAQ:NTRI) has been given a consensus recommendation of “Buy” by the eleven brokerages that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $47.43.

Hot High Tech Stocks To Watch For 2019: OpGen, Inc.(OPGN)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Shares of OpGen Inc (NASDAQ:OPGN) shot up 6.8% during mid-day trading on Wednesday . The company traded as high as $2.30 and last traded at $2.20. 537,199 shares were traded during mid-day trading, an increase of 21% from the average session volume of 445,546 shares. The stock had previously closed at $2.06.

  • [By Lisa Levin]

    OpGen, Inc. (NASDAQ: OPGN) shares shot up 19 percent to $2.50. OpGen completed rapid testing clinical trial in Colombia and expanded international operations.

  • [By Lisa Levin]

    OpGen, Inc. (NASDAQ: OPGN) shares shot up 15 percent to $2.41. OpGen completed rapid testing clinical trial in Colombia and expanded international operations.

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on OpGen (OPGN)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Shane Hupp]

    Laboratory Corp. of America (NYSE: LH) and OpGen (NASDAQ:OPGN) are both medical companies, but which is the better business? We will compare the two companies based on the strength of their earnings, analyst recommendations, profitability, risk, valuation, institutional ownership and dividends.

  • [By Logan Wallace]

    OpGen Inc (NASDAQ:OPGN)’s share price shot up 7.1% during trading on Tuesday . The company traded as high as $2.80 and last traded at $2.61. 1,150 shares were traded during mid-day trading, a decline of 100% from the average session volume of 392,647 shares. The stock had previously closed at $2.81.

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