GLU Mobile -- Ask your kids about this one
Mobile games are in with the youth across the world and GLU Mobile (GLUU) get the games to them. The momentum of this stock is the reason I added it to the Barchart Van Meerten Speculative portfolio of stocks under $10.
GLU MOBILE INC., is a leading global publisher of mobile games. Its portfolio of top-rated games includes original titles Super K.O. Boxing!, Stranded and Brain Genius, and titles based on major brands from partners including Atari, Activision, Konami, Harrah's, Hasbro, Warner Bros., Microsoft, PlayFirst, PopCap Games, SEGA and Sony. Glu is based in San Mateo, Calif. and has offices in London, France, Germany, Spain, Italy, Sweden, Poland, Russia, Hong Kong, China, Brazil, Chile, Canada and San Clemente, Calif.
1 - 96% Barchart technical buy signal
2 - 13 new highs and up 79.66% in the last month
3 - Relative strength Index is 70.02%
4 - Trades around 4.14 with a 50 day moving average of 2.73
1 - Wall Street brokerages analysts have discovered this stock and published 3 buy recommendations
2 - Sales are expected to increase by 10.40% next year
3 - Earnings are estimated to increase by 45.50% next year and 37.50% annually for he next 5 years
1 - Motley Foll Caps members are beginning to find this stock and vote 78 to 20 that it will beat the market
2 - All Stars agree 12 to 5
Jim Van Meerten is a portfolio advisor to Marketocracy Capital Management. He shares his knowledge and experience from over 40 years of investing in stocks, mutual funds and ETFs onBarchart.com in his daily blog -- Barchart Portfolio Blogs.
Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.