Can WEC Energy Group, Inc. (NYSE:WEC) or ServiceNow, Inc. (NYSE:NOW) Make a Ripple in the Market?

Strategic investors have taken a closer look of late at shares of WEC Energy Group, Inc. (NYSE:WEC).  Given the cheap price, many are wondering if there is now value and potential upside to the name.  During the most recent session, shares touched $64.73 after moving 0.25%.

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, WEC Energy Group, Inc. (NYSE:WEC) has performed 1.00%. For the past month, shares are -1.37%. Over the last quarter, shares have performed 6.41%. Looking back further, WEC Energy Group, Inc. stock has been 5.94% over the last six months, and 10.37% since the start of the calendar year. For the past full year, shares are 14.38%.

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 WEC Energy Group, Inc. (NYSE:WEC) have been seen trading 5.20% away from the 200-day moving average and 0.17% off the 50-day moving average. The stock is currently trading -3.68% away from the 52-week high and separated 20.62% from the 52-week low. WEC Energy Group, Inc.’s RSI is presently sitting at 54.41.

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 0.94% and month of 1.19%.  So are analysts giving the Buy signal at this juncture?  Sell-side firms currently have a consensus recommendation of 2.50 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 64.00 within the next 12-18 months. 

Bargain stock hunters have honed in their attention of late on shares of ServiceNow, Inc. (NYSE:NOW).  The stock is currently valued at $120.68 after moving -0.15% in the most recent session and 2.22% over the past 5 trading days.  Given the current price levels, let’s take a look and see if there is any value here.

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, ServiceNow, Inc. (NYSE:NOW) has performed 2.22%. For the past month, shares are 3.80%. Over the last quarter, shares have performed 8.50%. Looking back further, ServiceNow, Inc. stock has been 42.83% over the last six months, and 62.34% since the start of the calendar year. For the past full year, shares are 53.15%.

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 ServiceNow, Inc. (NYSE:NOW) have been seen trading 21.89% away from the 200-day moving average and 6.54% off the 50-day moving average. The stock is currently trading -1.45% away from the 52-week high and separated 65.77% from the 52-week low. ServiceNow, Inc.’s RSI is presently sitting at 65.19.