Near-Term, Can These Stocks Move the Needle: Discover Financial Services (NYSE:DFS) and Tyson Foods, Inc. (NYSE:TSN)

Discover Financial Services (NYSE:DFS) has moved 3.01% over the past week and is currently priced at $80.51 after moving -0.43% in the most recent session.  Despite the cheap price tag, let’s take a closer look at the recent performance and where the price is situated in comparison to its averages.

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, Discover Financial Services (NYSE:DFS) has performed 3.01%. For the past month, shares are 7.22%. Over the last quarter, shares have performed 26.17%. Looking back further, Discover Financial Services stock has been 31.42% over the last six months, and 4.67% since the start of the calendar year. For the past full year, shares are 12.90%.

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 Discover Financial Services (NYSE:DFS) have been seen trading 24.94% away from the 200-day moving average and 12.37% off the 50-day moving average. The stock is currently trading 0.16% away from the 52-week high and separated 40.02% from the 52-week low. Discover Financial Services’s RSI is presently sitting at 80.21.

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 1.28% and month of 1.27%.  So are analysts giving the Buy signal at this juncture?  Sell-side firms currently have a consensus recommendation of 2.00 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 83.22 within the next 12-18 months. 

Are shares of Tyson Foods, Inc. (NYSE:TSN) ready to make a move?  Increased volatility and interest from bargain investors have put the stock on a number of investor’s watchlists of late.  The stock is pricing at $79.90 after moving -0.08% from the opening bell. 

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, Tyson Foods, Inc. (NYSE:TSN) has performed -1.15%. For the past month, shares are -3.35%. Over the last quarter, shares have performed 12.85%. Looking back further, Tyson Foods, Inc. stock has been 30.15% over the last six months, and -1.44% since the start of the calendar year. For the past full year, shares are 29.52%.

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 Tyson Foods, Inc. (NYSE:TSN) have been seen trading 18.02% away from the 200-day moving average and 0.48% off the 50-day moving average. The stock is currently trading -5.61% away from the 52-week high and separated 39.69% from the 52-week low. Tyson Foods, Inc.’s RSI is presently sitting at 46.52.