Replies to post #426 on Nuance Communications, Inc. (NUAN)

[chmcnfunds]

Got to agree. Never trust any one analyst. Do like to know the overall opinions of all analysts covering a stock as one piece of info. Unfortunately one analyst can swing the pps greatly but usually temporarily.

Interesting article this morning on analysts:

http://www.marketwatch.com/story/easy-way-to-get-rich-buy-the-most-hated-stocks-2015-01-15

Here's what I liked, "Investors bought 14,397 call options on the stock, AmericanBankingNews.com reports. This is an increase of approximately 923% compared to the average volume of 1,407 call options"

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[chmcnfunds]

Another analyst with an investment arm:

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Nuance Communications (NUAN) Enters Oversold Territory - Tale of the Tape

By Zacks.com, January 15, 2015, 10:19:00 AM EDT AAA

Nuance Communications, Inc. (NUAN)) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at NUAN given that, according to its RSI reading of 29.10, it is now in oversold territory.

What is RSI?

RSI stands for 'Relative Strength Index' and it is a popular indicator used by technically focused investors. It compares the average of gains in days that closed up to the average of losses in days that closed down; readings above 70 suggest an asset is overbought, while an RSI below 30 suggests undervalued conditions are present.

Other Factors

Yet, NUAN's low RSI value isn't the only reason to have some optimism over a coming turnaround, as there has been plenty of positive earnings estimate revision activity as of late. This is especially true when investors take a deep dive into some of these estimate revision stats and recent changes to Nuance Communications' earnings consensus.

Over the past two months, investors have seen 4 earnings estimate revisions move higher, compared with just none lower, at least when looking at the key current year time frame. And the consensus estimate for NUAN has also been on an upward trend over the past 60 days, as estimates have risen from $0.50/share two months ago to just $0.59/share right now.

If this wasn't enough, Nuance Communications also has a Zacks Rank #1 (Strong Buy) which puts it into rare company among its peers. So, given all of these factors, investors may want to consider getting in on this stock now (or holding on), as there are some favorable trends that could bubble up for this stock before long.

Read more: http://www.nasdaq.com/article/nuance-communications-nuan-enters-oversold-territory-tale-of-the-tape-cm433206#ixzz3Ovaqq4Gc
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