Boom or Bust? Is there any value in Principal Financial Group, Inc. (NYSE:PFG) or AmerisourceBergen Corporation (NYSE:ABC)?

As of late, the Street has taken a bit closer look at shares of Principal Financial Group, Inc. (NYSE:PFG). In the latest session the stock moved 0.16%, putting the stock value at $74.21.

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, Principal Financial Group, Inc. (NYSE:PFG) has performed 3.07%. For the past month, shares are 4.85%. Over the last quarter, shares have performed 10.22%. Looking back further, Principal Financial Group, Inc. stock has been 12.27% over the last six months, and 5.17% since the start of the calendar year. For the past full year, shares are 26.06%.

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 Principal Financial Group, Inc. (NYSE:PFG) have been seen trading 12.83% away from the 200-day moving average and 5.84% off the 50-day moving average. The stock is currently trading 0.22% away from the 52-week high and separated 32.23% from the 52-week low. Principal Financial Group, Inc.’s RSI is presently sitting at 77.00.

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 1.41% and month of 1.35%.  So are analysts giving the Buy signal at this juncture?  Sell-side firms currently have a consensus recommendation of 2.30 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 72.80 within the next 12-18 months. 

In recent trading action AmerisourceBergen Corporation (NYSE:ABC) stock moved 0.51% landing at $99.00.  This stock has garnered attention of analysts and investors over the past few weeks as the stock has come into mainstream focus.

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, AmerisourceBergen Corporation (NYSE:ABC) has performed 3.86%. For the past month, shares are 12.73%. Over the last quarter, shares have performed 22.52%. Looking back further, AmerisourceBergen Corporation stock has been 6.50% over the last six months, and 7.82% since the start of the calendar year. For the past full year, shares are 18.05%.

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 AmerisourceBergen Corporation (NYSE:ABC) have been seen trading 15.11% away from the 200-day moving average and 15.57% off the 50-day moving average. The stock is currently trading 0.88% away from the 52-week high and separated 37.69% from the 52-week low. AmerisourceBergen Corporation’s RSI is presently sitting at 80.60.