Today, The Bowser Report issued a daily mover alert on LightPath Technologies (LPTH), which gained more than 10% for the day, as well as Repro-Med Systems (REPR), which fell over 10% today.
Much like last Thursday, LPTH rose over 10% due to Zacks coverage. The stock soared above $3 per share on over 1.5 million shares, setting a new 52-week high for the second straight trading day.
Once again, LPTH’s move comes on Zacks coverage, an article titled “5 Small Cap ETFs & Stocks that Beat Russell 2000 in 2015.” The article listed LPTH as one of its “Best Stocks.”
Now above $3, LPTH is too expensive to open positions using the Bowser Game Plan. The company has a Bowser Rating of 9. For those with holdings, remember to follow the Selling Plan.
REPR gave back its gains from Thursday, when the stock closed up $0.06 per share. This could have been profit taking, as the stock closed up for seven straight trading days prior to today’s loss.
The updated Bowser Rating of 10 came out in Sunday’s Weekly Update, and REPR gained 31% last week to top all other recommendations.
With a high rating, positive price momentum and good financials, REPR should be on your radar if you don’t have a position already. Consider buying in a dip like today. As we cautioned on Thursday, however, don’t chase a stock up.
To learn more about The Bowser Report, visit https://thebowserreport.com
