Three Best Stocks in the News: Bank of America (NYSE:BAC), Molson Coors Brewing (NYSE:TAP), Oclaro, (NASDAQ:OCLR)

Three Best Stocks in the News: Bank of America (NYSE:BAC), Molson Coors Brewing (NYSE:TAP), Oclaro, (NASDAQ:OCLR)

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On Wednesday, Bank of America Corp (NYSE:BAC)’s shares declined -0.64% to $17.75.

BAC has 63.80% institutional ownership while its EPS ratio was 1.35. The company has 10.41 million shares outstanding while market capitalization of the company was $185.86 billion. Price to book ratio was 0.79. Net profit margin of the company was 30.40%. Stock volatility for the month was booked as 2.15% while for the week was recorded as 2.12%.

The mean estimate for the short term price target for Bank of America Corp (NYSE:BAC) stands at $18.68 according to 28 Analysts. The higher price target estimate for the stock has been calculated at $20.00 while the lower price target estimate is at $16.00.

Analysts mean recommendation for the stock is 1.90. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Bank of America Corporation is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers, small- and middle-market businesses, institutional investors, corporations and Governments with a range of banking, investing, asset management and other financial and risk management products and services.

Molson Coors Brewing Company (NYSE:TAP)’s shares gained 4.42% to $92.21.

TAP Its past 5-day performance at 4.67%. So far in 2015, the company has a year-to-date performance of 23.74%. The stock, as of last close, traded 44.25% up from its 52 week low and was 1.77% below its 52 week high. Its latest closing price was 22.71% above the SMA200 while the distance from SMA 50 and SMA 20 was 12.54% and 4.96% respectively.

The mean estimate for the short term price target for Molson Coors Brewing Company (NYSE:TAP) stands at $103.86 according to 7 Analysts. The higher price target estimate for the stock has been calculated at $108.00 while the lower price target estimate is at $120.00.

Analysts mean recommendation for the stock is 2.00. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Molson Coors Brewing Company (MCBC) is a holding Company that operates as a brewer. The Company has a portfolio of owned and partner brands, including Carling, Coors Light, Molson Canadian and Staropramen brands, as well as craft and beers, such as Blue Moon, Creemore Springs, Cobra and Sharp’s Doom Bar.

At the end of Wednesday’s trade, Oclaro, Inc. (NASDAQ:OCLR)‘s shares dipped -0.88% to $3.38.

OCLR has market capitalization of $377.68 billion. Its current ratio was 3.00 while its shares were above its 50 days simple moving average with 27.34%. The company offered earning per share of $-0.29 while its 110.76 million shares were outstanding. YTD performance of the company was 89.89%. Stock volatility for the week was 4.71% while for the month it was shown at 5.54%.

The mean estimate for the short term price target for Oclaro, Inc. (NASDAQ:OCLR) stands at $4.13 according to 4 Analysts. The higher price target estimate for the stock has been calculated at $4.50 while the lower price target estimate is at $4.00.

Analysts mean recommendation for the stock is 1.80. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Oclaro, Inc. is a provider of optical components, modules and subsystems for the optical transport, service provider, enterprise and data center markets.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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