Diamonds and Dogs
Microbot Medical (MBOT) having a great Christmas Eve. The medical device company is up 85% after announcing the world's first fully disposable robotic system. The system can be operate remotely, while reducing radiation exposure and physical strain to the physician. One analyst upgraded the stock with a $12 price target, but the stock is trading 50% higher at $18 a share. The analyst may have to revise his price target.
FedEx (FDX) gets a downgrade. The stock is lower by a percent after the analyst at Argus sees declining revenues, falling margins. The trade and tariff issues have been especially challenging for this global air transport company. On the plus side, the valuation and shares are trading near range-low levels and one director recently bought 10,000 shares or $1,5 million.