A Keen Look at Varian Medical Systems, Inc. (NYSE:VAR) and Michael Kors Holdings Limited (NYSE:KORS) in The Spotlight

Savvy investors are constantly on the lookout when it comes to picking stocks at bargain prices. As of late, investors have been taking notice of Varian Medical Systems, Inc. (NYSE:VAR) shares. During recent trading, shares saw a move of -2.73% hitting a price of $108.49.

Here we’ll take a quick glance at how the stock price is currently trading in relation to some of its simple moving averages. At current levels, Varian Medical Systems, Inc. (NYSE:VAR) shares have been seen trading -2.43% away from the 20-day moving average. The stock has been recently separated from the 50-day moving average by -1.16%. Using a broader approach, shares have been trading 6.00% off of the 200-day moving average. After the latest check-in, company stock is -4.91% off of the 50 day high and 5.40% away from the 50 day low price.

In terms of performance, shares of Varian Medical Systems, Inc. (NYSE:VAR) are -2.39% since the start of 2016. Over the past week, shares are -2.15%. Moving out to look at the previous month performance, the stock is at -2.66%. For the quarter, performance is at 6.08%. During the past six months, Varian Medical Systems, Inc. (NYSE:VAR)’s stock has been 2.16% and 35.90% for the last 12 months.

Smart investors are constantly on the lookout for a bargain when it comes to stock picking. As of late, investors have been taking a second look at shares of Michael Kors Holdings Limited (NYSE:KORS). During recent trading, shares saw a move of 1.24% hitting a price of $65.24.

Here we’ll take a quick glance at how the stock price is currently trading in relation to some of its simple moving averages. At current levels, Michael Kors Holdings Limited (NYSE:KORS) shares have been seen trading 2.84% away from the 20-day moving average. The stock has been recently separated from the 50-day moving average by 10.66%. Using a broader approach, shares have been trading 46.16% off of the 200-day moving average. After the latest check-in, company stock is 0.52% off of the 50 day high and 37.38% away from the 50 day low price.

In terms of performance, shares of Michael Kors Holdings Limited (NYSE:KORS) are 3.64% since the start of 2016. Over the past week, shares are 2.07%. Moving out to look at the previous month performance, the stock is at 6.74%. For the quarter, performance is at 36.91%. During the past six months, Michael Kors Holdings Limited (NYSE:KORS)’s stock has been 91.71% and 52.97% for the last 12 months.

Investors are constantly attempting to find the next great stock to own. Picking the next winner to bolster the portfolio may involve some hard work and a little bit of stock market magic. Sifting through the wealth of information about public companies can be a daunting task. Many sharp investors will attack the equity markets from many different angles.

This may include keeping close tabs on fundamental and technical data. This may also include tracking analyst opinions and following what the big money institutions are buying or selling.

So, most importantly, where are shares headed from here? In order to get a sense of Wall Street sentiment, we can look to brokerage analyst estimates. On a one to five ratings scale where 1.0 indicates a Strong Buy, 2.0 indicates a Buy, 3.0 a Hold, 4.0 a Sell and 5.0 a Stong Sell. Michael Kors Holdings Limited currently has an average analyst recommendation of 2.60 according to analysts. This is the average number based on the total brokerage firms taken into consideration by Beta Systems Research. The same analysts have a future one-year price target of $58.92 on the shares.