Four Top Stocks: Investors Are Considering These on Friday April 29th

MIAMI, FL / ACCESSWIRE / April 29, 2016 / Top Nasdaq Stocks is issuing a report on four stocks to watch. EHTH, CYBE, COOL, and PRGN have been added to our watch list today. Continue reading to find out why. – To get daily alerts on top stocks on the Nasdaq/NYSE subscribe to our newsletter at TopNasdaqStocks.com.

eHealth, Inc. (NASDAQ: EHTH) announced first quarter results this week. Among the highlights, the company reported revenue for first quarter of $73.8 million, an increase of 20% compared to the first quarter of 2015. Adjusted EBITDA for first quarter of $26.8 million compared to adjusted EBITDA of $5.8 million for the first quarter of 2015 and cash flow from operations for first quarter was an inflow of $4.7 million compared to an outflow of $11.2 million in the first quarter of 2015. The company operates eHealth.com, the nation’s first and largest private health insurance exchange where individuals, families and small businesses can compare health insurance products from leading insurers side by side and purchase and enroll in coverage online. Since closing at $8.89, shares have increased to highs of $11.49 on Friday marking a total move up of nearly 30%

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CyberOptics Corp. (NASDAQ: CYBE) is a leading global developer and manufacturer of high precision sensing technology solutions. On Thursday the company reported operating results for the first quarter of 2016 ended March 31. These included first quarter sales totaled $19.1 million, double the $9.5 million reported in the first quarter of 2015. Additionally, CyberOptics reported earnings of $2.3 million or $0.33 per diluted share in the first quarter of 2016, compared to the loss of $781,000 or $0.12 per share in the year-earlier period. For the period beginning April 12, the company’s stock price has increased from $9.51 to highs of $17.40 on Friday. This represents a move up of 83%.

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Majesco Entertainment Company (NASDAQ: COOL) develops, publishes, markets, and distributes video game products for mass market and casual-game players worldwide. The company publishes video games for various interactive entertainment hardware platforms through its Midnight City label, including Nintendo’s DS, DSi, 3DS, Wii and WiiU, Sony’s PlayStation 3, Microsoft’s Xbox 360 and Xbox One, and the personal computers. It also publishes games for various digital platforms consisting of Xbox Live Arcade, PlayStation Network, and Steam; and mobile platforms, such as the iOS and Android phones. Majesco Entertainment Company was founded in 1998 and is headquartered in South Plainfield, New Jersey. Over recent weeks, the stock has traded in the 80 cent range and over the last 45 days, COOL shares have seen price as high as $0.99.

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Paragon Shipping Inc. (NASDAQ: PRGN) is an international shipping company incorporated under the laws of the Republic of the Marshall Islands with executive offices in Athens, Greece, specializing in the transportation of drybulk cargoes. Paragon Shipping’s current fleet consists of six drybulk vessels with a total carrying capacity of 297,879 dwt. In addition, Paragon Shipping’s current newbuilding contracts consist of three Kamsarmax drybulk carriers. Since April 27, shares of PRGN have increased from $0.26 to highs on Friday of $3.94. This was a move up of more than 1,400% in 3 days. Earlier this week the company announced the expiration of its previously announced offer to exchange all properly delivered and accepted 8.375% senior notes due 2021.

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Disclosure: The information, opinions and analysis contained in this report are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We do not accept any responsibility or liability for any losses, damages or costs arising from an investor’s or other person’s reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities, nor a recommendation of any security. Past gains are not representative of future gains. Pursuant to an agreement between us and a non affiliate 3rd party we were hired for a period beginning on 3/20/16 and ending on 6/19/16 to publicly disseminate information about (cool) including on the website and other media including facebook and twitter. We are being paid $100,000 (cash) for or were paid “zero” shares of unrestricted or restricted common shares. We own zero shares of (cool), which we purchased in the open market. We plan to sell the “zero” shares of (cool) that we hold during the time the website and/or facebook and twitter information recommends that investors or visitors to the website purchase without further notice to you. We may buy or sell additional shares of (cool) in the open market at any time, including before, during or after the website and information, provide public dissemination of favorable information. Top Nasdaq Stocks has not been compensated nor does it expect to receive any compensation for distribution of its opinions and publicly available information regarding PRGN, CYBE, or EHTH in this investment opinion article at this time. The opinions contained herein contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. When used herein, the words “anticipate,” “intend,” “estimate,” “believe,” “expect,” “plans,” “should,” “potential,” “forecast,” and variations of such words and similar expressions are intended to identify forward-looking statements. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. A company’s actual results could differ materially from those described in any forward-looking statements contained herein. Top Nasdaq Stocks is not a licensed broker, broker dealer, market maker, investment advisor, analyst or underwriter. We recommend that you use the information found herein as an initial starting point for conducting your own research in order to determine your own personal opinion of the companies discussed herein before deciding whether or not to invest. You should seek such investment, tax, financial, accounting or legal advice appropriate for your particular circumstances. Information about many publicly traded companies and other investor resources can be found at www.sec.gov. Investing in securities is speculative and carries risk. Please visit http://topnasdaqstocks.com/index.php/disclaimer/ website for a more detailed discussion of risks and disclosures.

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