Placing the Bulls-Eye Focus on Randgold Resources Limited (NASDAQ:GOLD) and CoStar Group, Inc. (NASDAQ:CSGP)

Keen investors are consistently searching for true bargains in the stock market. Finding these stocks can make the difference between a winning or losing portfolio. Shares of Randgold Resources Limited (NASDAQ:GOLD) have come into focus as of late. In recent trading activity, company stock has moved 0.82% touching the price of $99.49. Moving forward, the investment community will be watching to see if shares can gain some positive momentum.

Here we’ll take a quick glance at how the stock price is currently trading in relation to some of its simple moving averages. At current levels, Randgold Resources Limited (NASDAQ:GOLD) shares have been seen trading 0.14% away from the 20-day moving average. The stock has been recently separated from the 50-day moving average by 0.66%. Using a broader approach, shares have been trading 8.84% off of the 200-day moving average. After the latest check-in, company stock is -8.13% off of the 50 day high and 7.86% away from the 50 day low price.

In terms of performance, shares of Randgold Resources Limited (NASDAQ:GOLD) are 30.32% since the start of 2016. Over the past week, shares are 1.19%. Moving out to look at the previous month performance, the stock is at -3.74%. For the quarter, performance is at 13.62%. During the past six months, Randgold Resources Limited (NASDAQ:GOLD)’s stock has been 6.36% and 18.60% for the last 12 months.

Investors are constantly attempting to find the next great stock to own. Picking the next winner to bolster the portfolio may involve some hard work and a little bit of stock market magic. Sifting through the wealth of information about public companies can be a daunting task. Many sharp investors will attack the equity markets from many different angles.

This may include keeping close tabs on fundamental and technical data. This may also include tracking analyst opinions and following what the big money institutions are buying or selling.

So, most importantly, where are shares headed from here? In order to get a sense of Wall Street sentiment, we can look to brokerage analyst estimates. On a one to five ratings scale where 1.0 indicates a Strong Buy, 2.0 indicates a Buy, 3.0 a Hold, 4.0 a Sell and 5.0 a Stong Sell. Randgold Resources Limited currently has an average analyst recommendation of 1.80 according to analysts. This is the average number based on the total brokerage firms taken into consideration by Beta Systems Research. The same analysts have a future one-year price target of $110.87 on the shares.

Seasoned investors are often on the lookout for a value name with solid upside.  Recently attention has been given to shares of CoStar Group, Inc. (NASDAQ:CSGP) as the stock recently touched $289.20, a 3.26% move from the most recent open.

Let’s take a quick look at how the price of CoStar Group, Inc. (NASDAQ:CSGP) is currently trading in comparison to some of its simple moving averages. At current levels, shares have been seen trading 5.20% away from the 20-day moving average. The stock has been recently separated from the 50-day moving average by 3.81%. Using a broader approach, the stock has been trading 19.81% off of the 200-day moving average. After the latest check-in, shares are 0.43% off of the 50 day high and 13.23% away from the 50 day low number.

In terms of performance, shares of CoStar Group, Inc. (NASDAQ:CSGP) are 53.43% since the start of 2016. Over the past week, shares are 6.41%. Moving out to look at the previous month performance, the stock is at 2.51%. For the quarter, performance is at 5.93%. During the past six months, CoStar Group, Inc. (NASDAQ:CSGP)’s stock has been 41.34% and 38.41% for the last 12 months.

Investors are always on the look for the next great stock to own. Picking the next winner to bolster the portfolio may involve some hard work and a little bit of stock market magic. Sifting through the wealth of information about public companies can be a daunting task.

Many savvy investors will attack the equity markets from many different angles. This may include keeping close tabs on fundamental and technical data. This may also include tracking analyst opinions and following what the big money institutions are buying or selling.