Bullish Stocks: Micron Technology (NASDAQ:MU), Nordion (NYSE:NDZ), FuelCell Energy Inc (NASDAQ:FCEL), BioFuel Energy (NASDAQ:BIOF)

Technology Stocks News 20

Micron Technology Inc (NASDAQ:MU) rallied 8% in the wake of a positive write-up from analysts at Stifel Nicolaus. Analyst Kevin Cassidy said in a note that he disagrees with the general bearish outlook on Micron shares and urged investors to build positions in the stock on weakness. Micron Technology, Inc. (NASDAQ:MU) stock performance was 7.99% in last session and finished the day at $23.66. Traded volume was 39,538,040 million shares in the last session and the average volume of the stock remained 31.48 million shares. The beta of the stock remained 1.80. Micron Technology, Inc. (NASDAQ:MU) insider ownership is 0.70%.

Analysts at Paradigm Capital boosted their target price on shares of Nordion Inc (USA) (NYSE:NDZ) from $10.00 to $11.75 in a research report issued to clients and investors on Monday, American Banking and Market News reports. Paradigm Capital’s price objective points to a potential upside of 12.87% from the stock’s previous close. Nordion Inc (USA) (NYSE:NDZ) rose 10.66 percent to $11.52 yesterday on volume of 32.58 million shares. The intra-day range of the stock was $11.50 to $11.62. Nordion Inc (USA) (NYSE:NDZ) has a market capitalization of $11.62 million.

FuelCell Energy Inc (NASDAQ:FCEL) is providing a power plant for a C$7.5 million ($6.7 million) project to convert landfill gas into electricity and carbon dioxide that nourishes plants at a greenhouse facility in British Columbia. Village Farms International Inc. combined the fuel cell with a system from Quadrogen Power Systems Inc. that collects and separates landfill gas, the Vancouver-based grower said on Mar. 24 in a statement. FuelCell Energy Inc (NASDAQ:FCEL)’s stock on Mar 31, 2014 reported an increase of 8.30% to the closing price of $2.48. Its fifty two weeks range is $0.84 -$4.74. The total market capitalization recorded $586.41 billion. The overall volume in the last trading session was 21,736,520 million shares. In its share capital, FuelCell Energy Inc (NASDAQ:FCEL) has 253.93 million outstanding shares.

BioFuel Corp. (NASDAQ:BIOF)’s stock continues to explode in the market by highs of up to 88% after David Einhorn’s Greenlight Capital disclosed plans to increase its stake in the company. It is being reported that Green Light Capital has already submitted a preliminary non-binding proposal for a possible takeover of BioFuel. On Monday, shares of BioFuel Energy Corp. (NASDAQ:BIOF) advanced 132.48% to close the day at $7.30. Company return on investment (ROI) is -17.60% and its monthly performance is recorded as 150.86%. BioFuel Energy Corp. (NASDAQ:BIOF) quarterly revenue growth is 321.97%.

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