NEW YORK ( TheStreet) -- In the search for under $5 stocks that hold promise, here's a stock that is starting to look appealing for a trade. It's not as if it has definitely turned the corner and to buy it now is quite speculative, but the reward-to-risk is reasonably and worth a shot -- or so I have decided that is so.The company is Hansen Medical (HNSN - Get Report), and they develop, manufacture, and market medical robotics designed for accurate positioning, manipulation, and stable control of catheters and catheter-based technologies. They have some tough competition and that is a big part of their painful looking charts, but there is a sign of a pulse finally.
Hansen Medical: A Chart View
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.