Placing These Stocks in the Hotbed: Parker-Hannifin Corporation (NYSE:PH) and Roper Technologies, Inc. (NYSE:ROP)

Parker-Hannifin Corporation (NYSE:PH) are being monitored closely by investors today as the name is currently priced at $210.04, a 0.52% difference from where it most recently opened.  So where is the stock headed from here?  We will take a quick look here at how the stock has performed recently.

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, Parker-Hannifin Corporation (NYSE:PH) shares have been seen trading 4.84% away from the 20-day moving average. The stock has been recently separated from the 50-day moving average by 9.89%. Using a broader approach, shares have been trading 22.99% off of the 200-day moving average. After the latest check-in, company stock is 0.79% off of the 50 day high and 18.17% away from the 50 day low price.

In terms of performance, shares of Parker-Hannifin Corporation (NYSE:PH) are 5.24% since the start of 2016. Over the past week, shares are 3.06%. Moving out to look at the previous month performance, the stock is at 9.48%. For the quarter, performance is at 16.64%. During the past six months, Parker-Hannifin Corporation (NYSE:PH)’s stock has been 27.25% and 46.11% 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. Parker-Hannifin Corporation currently has an average analyst recommendation of 2.00 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 $201.63 on the shares.

Roper Technologies, Inc. (NYSE:ROP) are valued at $275.28 at the time of writing and have moved 0.43% since the open.  Smart investors often look for value stocks with upside potential.  While this stock is priced cheaply, it’s important to determine if there is any actual value.

Let’s take a quick look at how the price of Roper Technologies, Inc. (NYSE:ROP) 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 5.82%. Using a broader approach, the stock has been trading 15.48% off of the 200-day moving average. After the latest check-in, shares are 0.94% off of the 50 day high and 9.14% away from the 50 day low number.

In terms of performance, shares of Roper Technologies, Inc. (NYSE:ROP) are 6.29% since the start of 2016. Over the past week, shares are 3.09%. Moving out to look at the previous month performance, the stock is at 7.78%. For the quarter, performance is at 9.22%. During the past six months, Roper Technologies, Inc. (NYSE:ROP)’s stock has been 16.74% and 46.69% 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.