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Out Fox The $treet: May 19, 2017

Stocks to watch for Friday:

Synergy Pharma (SGYP) - the biotech traded below $4 despite the promises of Trulance. The approved drug won't overcome the sudden cash burn and need to raise more capital while the drug faces a competitive sector. Continue watching from the sidelines. 

Himax Tech (HIMX) - the stock continues to hang around $6.50 providing solid support and a reference point for those making a quick trade. Even better, Himax closed the February gap and all the tech giants are ramping up discussions around AR products suggesting this $1.1 billion stock gets a nice bump. 

Advanced Micro Devices (AMD) - the stock provided another opportunity to own in the $10s. The projected EPS target of $0.75 makes the stock a buy up till $15, but the tech company will need to prove out a higher EPS target for a run to $20+. 

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Disclosure: Long HIMX

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