Active Watch List : Johnson & Johnson (NYSE:JNJ), Applied Materials, Inc. (NASDAQ:AMAT), PTC Therapeutics, Inc. (NASDAQ:PTCT), DIRECTV (NASDAQ:DTV), Phillips 66 Partners (NYSE:PSXP)

Johnson & Johnson (NYSE:JNJ) announced a definitive agreement to acquire Alios BioPharma, Inc., a privately held clinical stage biopharmaceutical company focused on developing therapies for viral diseases, for approximately $1.75 billion in cash. The acquisition will include Alios BioPharma’s portfolio of potential therapeutics for viral infections including compound AL-8176, an orally administered antiviral therapy currently in Phase 2 studies for the treatment of infants with … Continue reading Active Watch List : Johnson & Johnson (NYSE:JNJ), Applied Materials, Inc. (NASDAQ:AMAT), PTC Therapeutics, Inc. (NASDAQ:PTCT), DIRECTV (NASDAQ:DTV), Phillips 66 Partners (NYSE:PSXP)

Chris Lewis10/0210/02

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Basic material overbought stocks: Abraxas Petroleum (NASDAQ:AXAS), Goodrich Petroleum (NYSE:GDP), Advantage Oil & Gas (NYSE:AAV), Phillips 66 Partners (NYSE:PSXP)

Better-ranked oil and gas operators include Zacks Ranked #2 (Buy) Abraxas Petroleum Corp. (NASDAQ:AXAS). Abraxas Petroleum Corp. (NASDAQ:AXAS) stock performance was 4.20% in last session and finished the day at $4.96. Traded volume was 2.51million shares in the last session and the average volume of the stock remained 1.37million shares. The beta of the stock remained 1.88. Abraxas Petroleum Corp. (NASDAQ:AXAS) insider ownership is 2.70%. … Continue reading Basic material overbought stocks: Abraxas Petroleum (NASDAQ:AXAS), Goodrich Petroleum (NYSE:GDP), Advantage Oil & Gas (NYSE:AAV), Phillips 66 Partners (NYSE:PSXP)

Jayne Crisman04/1704/17