Can United Technologies Corporation (NYSE:UTX) or Schlumberger Limited (NYSE:SLB) Climb The Ladder?

Investors are sharpening their focus on shares of United Technologies Corporation (NYSE:UTX).  The stock saw a move of 1.18% during the latest trading session. The stock price has recently touched $136.58 which has caused investors to take a second look at company shares. 

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, United Technologies Corporation (NYSE:UTX) has performed 3.81%. For the past month, shares are 10.61%. Over the last quarter, shares have performed 14.95%. Looking back further, United Technologies Corporation stock has been 10.67% over the last six months, and 7.06% since the start of the calendar year. For the past full year, shares are 23.24%.

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 United Technologies Corporation (NYSE:UTX) have been seen trading 14.30% away from the 200-day moving average and 10.86% off the 50-day moving average. The stock is currently trading 0.23% away from the 52-week high and separated 27.82% from the 52-week low. United Technologies Corporation’s RSI is presently sitting at 90.22.

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 1.44% and month of 1.08%.  So are analysts giving the Buy signal at this juncture?  Sell-side firms currently have a consensus recommendation of 2.60 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 130.87 within the next 12-18 months. 

Investors are sharpening their focus on shares of Schlumberger Limited (NYSE:SLB).  The stock saw a move of 1.19% during the latest trading session. The stock price has recently touched $77.97 which has caused investors to take a second look at company shares. 

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, Schlumberger Limited (NYSE:SLB) has performed 5.94%. For the past month, shares are 21.49%. Over the last quarter, shares have performed 15.87%. Looking back further, Schlumberger Limited stock has been 16.63% over the last six months, and 15.70% since the start of the calendar year. For the past full year, shares are -8.63%.

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 Schlumberger Limited (NYSE:SLB) have been seen trading 14.78% away from the 200-day moving average and 18.75% off the 50-day moving average. The stock is currently trading -11.24% away from the 52-week high and separated 27.78% from the 52-week low. Schlumberger Limited’s RSI is presently sitting at 83.92.