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Stocks To Watch: Cryport, Hertz, Kopin And MDC Partners

Published 08/10/2017, 12:07 AM
Updated 07/09/2023, 06:31 AM

Cryoport Inc (NASDAQ:CYRX) is a really good stock and I really like the look of it. It has been running up steadily from 2.00 all the way up to nearly 7.00, and on Wednesday, it was up another 21 cents, or 3%, to 6.83, on 300,000 shares traded. In the last couple of weeks, it formed a beautiful bull flag. My targets are 8 1/2 and 10 going forward. This could be a really good swing trade.

Hertz Global Holdings Inc (NYSE:HTZ) had been in a big long drop, going from 100.00 in 2016, all the way down to 9.00 in July 2017. It reversed, went up to resistance and backed off, and Wednesday was a big day for it. It jumped 3.29, or 23%, to 17.57, on 29 million shares traded. That’s one of the biggest volumes I’ve ever seen on this stock. Watch the level at 17.57. Targets are 23-4, maybe 25. It has 3.43 days to cover . This could be quite a spike-up.

Kopin Corporation (NASDAQ:KOPN) followed through just a little bit on Wednesday, up only 5 cents, or 1.28%, to 3.95, on 875,600 shares traded. As it’s coming down to 3.73 to get to 4.04, before backing off. The volume was good and it’s still at resistance. If it gets through that, 4.50 or 5.00, even 5.50 would be better. Those are my targets. There’s 11 days to cover .

MDC Partners Inc (NASDAQ:MDCA) had a nice follow-through on Monday, it popped on Tuesday, and on Wednesday, it had another nice follow-through, popping 45 cents, or 4%, to 11.30, on 717,479 shares traded. Volume was good. I think this stock will make a run at resistance near 12.00, and then possibly 14 1/2. Those are my targets going forward.

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On the long side, stocks included Alarm.Com Holdings, Inc. (ALRM), Array BioPharma Inc. (ARRY), Autohome Inc. (ATHM), AVEO Pharmaceuticals, Inc. (AVEO), Cryoport, Inc. (CYRX), Eldorado Resorts, Inc. (ERI), Green Dot Corporation (GDOT), Hertz Global Holdings, Inc. (HTZ), Kopin Corporation (KOPN), MDC Partners Inc. (MDCA), Myriad Genetics, Inc. (MYGN), MyoKardia, Inc. (MYOK), NovoCure Limited (NVCR), Omeros Corporation (OMER), Ignyta, Inc. (RXDX), Weibo Corporation (WB), and Boingo Wireless, Inc. (WIFI).

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