Hot Diversified Bank Stocks To Watch For 2015

Hot Diversified Bank Stocks To Watch For 2015: Invacare Corporation (IVC)

Invacare Corporation designs, manufactures, and distributes medical equipment and supplies for non-acute care environment, including the home health care, retail, and extended care markets worldwide. The company offers mobility and seating products, including power wheelchairs, custom manual wheelchairs, personal mobility products, and seating and positioning products; lifestyle products, such as manual wheelchairs, personal care products, homecare beds, pressure relieving mattresses, and patient transport products; and respiratory therapy products comprising non-delivery oxygen, stationary oxygen concentrators, and aerosol products and oxygen accessories. It also provides assistance in the collection of outstanding co-pays, rental capabilities, software, and technology to streamline efficiencies, repair services, and replacement parts. In addition, the company distributes medical supplies, including ostomy, incontinence, diabetic, enteral, wound care, and urology products , as well as home medical equipment, including lifestyle products. Further, it manufactures and markets healthcare furnishings comprising beds, case goods, and patient handling equipment for the long-term care markets; specialty clinical recliners for dialysis and oncology clinics; and other home medical equipment and accessory products. Additionally, the company offers home medical equipment for rent. It serves home health care and medical equipment providers, distributors, and government locations through its sales force, telesales associates, and various organizations of independent manufacturers representatives and distributors. Invacare Corporation was founded in 1885 and is headquartered in Elyria, Ohio.

Advisors' Opinion:

• [By Garrett Cook]

  In trading on Thursday, healthcare shares were relative leaders, up on the day by about 0.16 percent. Top decliners in the sector included Clearfield (NASDAQ: CLFD), do! wn 15.30 percent, and Invacare (NYSE: IVC), off 16.77 percent.

• [By Roberto Pedone]

  Invacare (IVC) designs, manufactures and distributes a line of health care products for the non-acute care environment, including the home health care, retail and extended care markets. This stock closed up 2.3% at $16.73 in Monday's trading session.

  Monday's Volume: 218,000
  
  Three-Month Average Volume: 143,188
  
  Volume % Change: 75%

  From a technical perspective, IVC jumped higher here right above some near-term support at $16 with above-average volume. This move briefly pushed shares of IVC into breakout territory, since the stock flirted with some past resistance at $16.81. This move is also close to pushing shares of IVC above the upper-end of its recent sideways trading price action, that has seen IVC trade between $14.92 on the downside and $16.81 on the upside.

  Traders should now look for long-biased trades in IVC as long as it's trending above its 50-day at $15.75 and then once it sustains a move or close above Monday's high of $16.84 with volume that's near or above 143,188 shares. If we get that move soon, then IVC will set up to re-test or possibly take out its next major overhead resistance levels at $18.24 to $19.15.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/hot-diversified-bank-stocks-to-watch-for-2015.html