Recent IPO Updates

The stocks below show you why jumping on a young growth stock during an up-trend will give you great odds of success regardless of your system or beliefs. As long as you position size correctly and locate your stops, things will work out. Four of the five stocks have made double digit gains over the past three weeks while one (SMOD) has dropped 5% but may be setting up the ideal risk-to-reward opportunity near the moving average.

JASO (up over 50%) was also among the young stocks covered in early June in this post: Fresh IPO Ideas

SNCR – Synchronoss Technologies, Inc. – $34.25 (up 25%)
Earnings Analysis:
$0.35 – Last Year Primary EPS
$0.56 – Current Year Mean Primary Estimate
$0.72 – Mean Primary Estimate — Next Year
28.75% 5-YEAR GROWTH MEAN EPS

Institutional Analysis:
Total Held by Institutions: 156
Money Market: 70
Mutual Fund: 82
Other: 4
Shares Held: 16.86 mil
Shares Held Previous Period: 13.48 mil
Shares Bought: 8.94 mil
Shares Sold: 5.56 mil
Value of Shares Bought: $220.27 mil
Value of Shares Sold: $136.99 mil

GTLS – Chart Industries Inc. – $30.07 (up 30%)
Earnings Analysis:
$1.04 – Last Year Primary EPS
$1.60 – Current Year Mean Primary Estimate
$2.09 – Mean Primary Estimate — Next Year

Institutional Analysis:
Total Held by Institutions: 121
Money Market: 59
Mutual Fund: 59
Other: 3
Shares Held: 15.73 mil
Shares Held Previous Period: 15.54 mil
Shares Bought: 2.72 mil
Shares Sold: 2.53 mil
Value of Shares Bought: $59.52 mil
Value of Shares Sold: $55.31 mil

DVR – Cal Dive Intl., Inc. – $17.80 (up 15%)
Earnings Analysis:
$1.91 – Last Year Primary EPS
$0.61 – Previous Year EPS
$1.53 – Current Year Mean Primary Estimate
$1.70 – Mean Primary Estimate — Next Year
20.00% 5-YEAR GROWTH MEAN EPS

Institutional Analysis:
Total Held by Institutions: 110
Money Market: 59
Mutual Fund: 46
Other: 5
Shares Held: 25.59 mil
Shares Held Previous Period: 16.88 mil
Shares Bought: 12.89 mil
Shares Sold: 4.17 mil
Value of Shares Bought: $195.31 mil
Value of Shares Sold: $63.25 mil

SMOD – SMART Modular Technologies Inc. – $13.62 (Down 5%)
Earnings Analysis:
$0.68 – Last Year Primary EPS
$0.50 – Previous Year EPS
$0.91 – Current Year Mean Primary Estimate
$1.06 – Mean Primary Estimate — Next Year
17.50% 5-YEAR GROWTH MEAN EPS

Institutional Analysis:
Total Held by Institutions: 149
Money Market: 82
Mutual Fund: 62
Other: 5
Shares Held: 42.33 mil
Shares Held Previous Period: 25.68 mil
Shares Bought: 18.82 mil
Shares Sold: 2.17 mil
Value of Shares Bought: $269.36 mil
Value of Shares Sold: $31.08 mil