Are Either Praxair, Inc. (NYSE:PX) or Intuitive Surgical, Inc. (NASDAQ:ISRG)Ready for a Breakout?

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 Praxair, Inc. (NYSE:PX) shares. During recent trading, shares saw a move of 0.21% hitting a price of $164.15.

Most investors are likely looking for that next stock that is ready to take off running. Maybe the focus is on finding a stock that has recently taken a turn for the worse for no real apparent reason. As we all know, as quickly as a stock can drop in price, it can bounce back just as fast. Although the popular stocks that receive a high level of media coverage tend to recover quicker after a sell-off, there may be plenty of under the radar stocks that are ripe for buying. Scoping out these potential market gems may help repair a portfolio that has taken a hit for any number of reasons.

The average investor might not have the time to monitor every single tick of a given stock, but taking a look at historical performance may help provide some valuable insight on where the stock may be trending in the future. Over the past week, Praxair, Inc. (NYSE:PX) has performed 1.72%. For the past month, shares are 8.46%. Over the last quarter, shares have performed 15.70%. Looking back further, Praxair, Inc. stock has been 22.22% over the last six months, and 6.12% since the start of the calendar year. For the past full year, shares are 40.00%.

There is rarely any substitute for diligent research, especially when it pertains to the equity markets. No matter what strategy an investor employs, keeping abreast of current market happenings is of the utmost importance. Everyone wants to see their stock picks soar, but the stark reality is that during a market wide sell-off, this may not be the case. Recently, shares of Praxair, Inc. (NYSE:PX) have been seen trading 19.53% away from the 200-day moving average and 7.50% off the 50-day moving average. The stock is currently trading -1.16% away from the 52-week high and separated 42.08% from the 52-week low. Praxair, Inc.’s RSI is presently sitting at 77.24.

Recommendations

Based on the stock’s volatility for the week, which is a statistical measure of the dispersion of returns for a given stock and represents average daily high/low percentage range of 1.24% and month of 1.18%.  So are analysts giving the Buy signal at this juncture?  Sell-side firms currently have a consensus recommendation of 2.20 on the shares.  This is based on a 1 to 5 formula where 1 indicates a Strong Buy and 5 a Strong Sell. Analysts are projecting the stock to trade at 160.12 within the next 12-18 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 Intuitive Surgical, Inc. (NASDAQ:ISRG). During recent trading, shares saw a move of -0.55% hitting a price of $419.04.

Most investors are likely looking for that next stock that is ready to take off running. Maybe the focus is on finding a stock that has recently taken a turn for the worse for no real apparent reason. As we all know, as quickly as a stock can drop in price, it can bounce back just as fast.

Although the popular stocks that receive a high level of media coverage tend to recover quicker after a sell-off, there may be plenty of under the radar stocks that are ripe for buying. Scoping out these potential market gems may help repair a portfolio that has taken a hit for any number of reasons.

The average investor might not have the time to monitor every single tick of a given stock, but taking a look at historical performance may help provide some valuable insight on where the stock may be trending in the future. Over the past week, Intuitive Surgical, Inc. (NASDAQ:ISRG) has performed 10.56%. For the past month, shares are 13.10%. Over the last quarter, shares have performed 15.59%. Looking back further, Intuitive Surgical, Inc. stock has been 32.09% over the last six months, and 14.82% since the start of the calendar year. For the past full year, shares are 89.07%.

There is rarely any substitute for diligent research, especially when it pertains to the equity markets. No matter what strategy an investor employs, keeping abreast of current market happenings is of the utmost importance. Everyone wants to see their stock picks soar, but the stark reality is that during a market wide sell-off, this may not be the case. Recently, shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) have been seen trading 26.36% away from the 200-day moving average and 9.24% off the 50-day moving average. The stock is currently trading -1.86% away from the 52-week high and separated 92.94% from the 52-week low. Intuitive Surgical, Inc.’s RSI is presently sitting at 70.15.