Today's Strong And Under The Radar Stock: International Rectifier (IRF)

 

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

 

Trade-Ideas LLC identified International Rectifier ( IRF) as a strong and under the radar candidate. In addition to specific proprietary factors, Trade-Ideas identified International Rectifier as such a stock due to the following factors:

 

 

  • IRF has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $37.6 million.
  • IRF is making at least a new 3-day high.
  • IRF has a PE ratio of 40.9.
  • IRF is mentioned 1.71 times per day on StockTwits.
  • IRF has not yet been mentioned on StockTwits today.
  • IRF is currently in the upper 20% of its 1-year range.
  • IRF is in the upper 35% of its 20-day range.
  • IRF is in the upper 45% of its 5-day range.
  • IRF is currently trading above yesterday's high.

 

'Strong and Under the Radar' stocks tend to be worthwhile stocks to watch for a variety of factors including historical back testing and price action. Market technicians refer to such stocks as being in an accumulation phase before a mark-up and peak. Traders and hedge funds have frequently found that these types of stocks continue to build a solid price base and then ultimately spike higher and peak when others 'discover' how good the stock is performing. By leveraging the social discovery aspect of StockTwits we are highlighting stocks that don't currently receive much attention from retail investors, but we suspect may soon garner more attention.

 

EXCLUSIVE OFFER: Get the inside scoop on opportunities in IRF with the Ticky from Trade-Ideas. See the FREE profile for IRF NOW at Trade-Ideas

 

 

More details on IRF:

 

International Rectifier Corporation designs, manufactures, and markets power management semiconductors worldwide. It operates through six segments: Power Management Devices, Energy Saving Products, Automotive Products, Enterprise Power, HiRel, and Intellectual Property. IRF has a PE ratio of 40.9. Currently there is 1 analyst that rates International Rectifier a buy, no analysts rate it a sell, and 4 rate it a hold.

 

The average volume for International Rectifier has been 2.1 million shares per day over the past 30 days. International Rectifier has a market cap of $2.8 billion and is part of the technology sector and electronics industry. The stock has a beta of 2.47 and a short float of 3.6% with 2.69 days to cover. Shares are up 52.4% year-to-date as of the close of trading on Wednesday.

 

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

 

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