Stocks Outperforming Indices during February 2014: Investment Idea of the Day

Published:

Ubika Research has shortlisted twelve stocks across sectors which have recorded higher gains during February 2014 compared to the broader indices with increased market interest. The 1-Month average trading volumes of these stocks are significantly higher than 3-month average trading volumes. Moreover, these stocks are trading above their 30-Day Daily Moving Average (DMA) and are hovering around their 52-week highs. We note that the shortlisted stocks have recorded price gains ranging from 33% to 90% during February with average traded volume in excess of 100,000.

Indices performance during the past month (February 2014)

Index

Last Index Value

Value Change
(1- Month)

Average Volume
(1-Month)

Average Volume
(3-Months)

Volume Comparison*

NASDAQ Composite Index

4,308.12

5.0%

533,201,107

497,375,532

7.2%

S&P 500 Index

1,859.45

4.3%

583,034,138

544,461,377

7.1%

Russell 2000 Index

1,183.03

4.6%

281,621,468

268,062,720

5.1%

S&P/TSX Composite Index

14,209.59

3.8%

190,789,485

175,608,565

8.6%

S&P/TSX Venture Composite Index

1,025.37

7.8%

74,420,148

67,194,008

10.8%

Stocks to Watch

Company Name

Exchange

Ticker

MCap
(MM)

Last Price

1-Month Average Volume

3- Month Average Volume

Volume Comparison*

1-Month Price Change

52 Week High Price

30 Day Moving Average

Highpower International Inc

NASDAQ

HPJ

72.4

5.2

292,979

193,877

51.1%

89.7%

5.37

2.98

Espial Group Inc

TSX

ESP

29.7

1.5

158,998

112,346

41.5%

59.6%

1.57

0.99

Ucore Rare Metals Inc

TSXV

UCU

75.6

0.4

291,872

224,706

29.9%

58.2%

0.45

0.29

China Ming Yang Wind Power Group Ltd

NYSE

MY

493.5

4.1

1,856,436

1,328,712

39.7%

50.0%

4.05

2.80

TriQuint Semiconductor Inc

NASDAQ

TQNT

2,004.5

12.2

5,430,248

3,615,317

50.2%

47.5%

12.59

9.28

Emeritus Corp

NYSE

ESC

1,531.5

31.5

1,094,654

678,784

61.3%

43.0%

31.93

23.50

American Railcar Industries Inc

NASDAQ

ARII

1,478.6

69.3

352,308

283,790

24.1%

41.6%

70.85

51.89

GT Advanced Technologies Inc

NASDAQ

GTAT

1,923.1

14.3

8,579,239

6,997,827

22.6%

39.5%

14.91

11.04

Nulegacy Gold Corp

TSXV

NUG

20.4

0.2

112,216

84,667

32.5%

38.5%

0.18

0.14

BELLUS Health Inc

TSX

BLU

28.5

0.6

123,998

69,781

77.7%

36.4%

0.62

0.44

Imation Corp

NYSE

IMN

267.6

6.4

219,304

154,684

41.8%

33.1%

6.43

5.29

RF Micro Devices Inc

NASDAQ

RFMD

2,000.4

7.1

11,993,216

8,616,940

39.2%

32.8%

7.22

5.63

Source: Bloomberg
Market Cap & Last Price are in their respective currencies
*Volume Comparison- 1- Month average volume over 3 Months average volume

Company Description

Highpower International Inc (NASDAQ: HPJ)           
Highpower International, Inc. develops and manufactures nickel metal hydride and lithium-ion rechargeable batteries and related products. The company’s batteries are used for a wide range of electronic devices, such as digital cameras, DVD players, electric razors and toothbrushes, power tools, electric toys, personal portable electronic devices and hybrid electric vehicles.

Espial Group Inc (TSX: ESP)          
Espial Group, Inc. develops and markets Internet Protocol Television software. The company’s software helps communications services providers to offer their subscribers digital television with an electronic program guide, high-definition television, video-on-demand, an interactive content portal, Web TV, pay-per-view, digital video recorder, and other applications.

 Ucore Rare Metals Inc (TSXV: UCU)
Ucore Rare Metals, Inc. explores for rare earth elements and uranium.  The company operates in the Bokan Mountain-Dotson Ridge project on Prince of Wales Island in southeastern Alaska.

China Ming Yang Wind Power Group Ltd (NYSE: MY)        
China Ming Yang Wind Power Group Limited designs, manufactures, sells and services wind turbines. The company’s client base are Chinese state owned power producers.

TriQuint Semiconductor Inc (NASDAQ: TQNT)        
TriQuint Semiconductor, Inc. designs, develops, manufactures, and markets a variety of high performance analog and mixed signal integrated circuits for the communications markets. The company utilizes its proprietary gallium arsenide technology to enable its products to overcome the performance barriers of silicon devices in various applications. TriQuint’s products are sold worldwide.

Emeritus Corp (NYSE: ESC)           
Emeritus Corporation is a fully integrated senior housing services company focused on operating residential-style assisted-living communities.  The company develops and operates freestanding assisted living communities throughout the United States. Emeritus has also commenced development of its facilities in Japan and Canada.

American Railcar Industries Inc (NASDAQ: ARII)     
American Railcar Industries, Inc. manufactures railroad rolling stock.  The company produces and repairs covered hopper and tank railcars, and offers fleet management services.  American Railcar markets its products to companies that lease the cars to third parties, shippers, and railroads.

GT Advanced Technologies Inc (NASDAQ: GTAT)   
GT Advanced Technologies Inc. provides crystal growth equipments and solutions. The company offers polysilicon, photovoltaic, power electronics, sapphire production solutions, sapphire materials, and thermal processing systems. GT Advanced Technologies serves solar, light emitting diode (LED), and electronics industries worldwide.

Nulegacy Gold Corp (TSXV: NUG)   
Nulegacy Gold Corp. is a mineral exploration and development company. The company is focused in the Red Hill and Wood Hills South properties in Nevada, United States.

BELLUS Health Inc (TSX: BLU)       
BELLUS Health Inc. develops and commercializes therapeutics for neurological disorders.  The company has products in clinical trials for AA amyloidosis, the treatment of Alzheimer’s Disease, and for the prevention of hemorrhagic stroke caused by amyloid angiopathy.

Imation Corp (NYSE: IMN)  
Imation Corp. develops, manufactures, and markets a wide variety of products for removable data storage applications.  The company’s products are sold to major customer markets, including enterprise data centers, network server environments, and the person consumer market.  Imation’s products are sold in countries around the world.

RF Micro Devices Inc (NASDAQ: RFMD)      
RF Micro Devices, Inc. designs, develops, and markets proprietary radio frequency integrated circuits.  The company’s products are used for wireless communications applications such as cellular and PCS, cordless telephony, wireless LANs, wireless local loop, industrial radios, wireless security and remote meter reading.

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