Stocks Favored By Analysts: Tractor Supply Company (NASDAQ:TSCO) & pdvWireless, Inc. (NASDAQ:PDVW)

Equity Research firms currently have a positive stance on shares of Tractor Supply Company (NASDAQ:TSCO). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.50. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $61.13 on a short term basis.

Performance
At the time of writing, the stock was trading at $62.97. This represents a change from most recent open price of 2.06%. In terms of performance, year to date, the stock is -18.68%. The monthly stock performance comes in at 5.13%. For the quarter, shares are performing at 14.74%. Weekly performance analysis shows the equity at 4.24%.

Technicals
In taking a look at technical levels, shares are trading 3.89% away from the 50 day simple moving average and 2.85% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -19.53% away from it’s 52- week high and 26.27% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Tractor Supply Company’s RSI stands at 62.97. In looking at volatility levels, the shares saw weekly volatility of 2.84% and 2.68% over the past month.

Sell-side analysts are offering a consensus “Buy” rating on shares of pdvWireless, Inc. (NASDAQ:PDVW).  Using the following ratings scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell and 5.0 Strong Sell, analysts have an average recommendation of 2.00.  Based on a recent trade, the shares are hovering around $31.80 which, according to analysts, yield significant upside potential to the $59.00 consensus target price.

pdvWireless, Inc. (NASDAQ:PDVW) shares typically trade an average volume of 24.43 and institutions hold 93.30% of the total shares.  

MOVING AVERAGES

We see here that the stock is 4.87% away from the 20-Day Simple Moving Average.  Their 50-Day Simple Moving Average is a difference of 3.53% from current levels.  Further back, their 200-Day Simple Moving Average is 24.69% difference from today’s price.  Currently, the stock is -5.78% from its 50-Day High and 13.88% from the 50-day low. 

pdvWireless, Inc. (NASDAQ:PDVW)‘s stock has performed at 38.14%.  Breaking that down further, it has performed 3.49% for the week, -2.96% for the month, 8.16% over the last quarter, 42.56% for the past half-year and 27.14% for this last year. 

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