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Stocks to Watch for Thursday 7/21/2011: Fresh 52 Week Highs and Lows
Thursday, July 21, 2011 - 4:36am | 2699Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Wednesdays's trading session (listed from highest total volume to lowest): 1) Nalco Holding (NYSE: NLC): Shares...
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Radioshack Represents Remarkable Value Opportunity ($RSH, $BBY)
Tuesday, July 19, 2011 - 5:00am | 1519Sometimes the best investment opportunities are right in front of you and for one reason or another, you fail to take notice. This is the surprising case of how I failed to notice Radioshack's (NYSE: RSH) remarkable performance for far too long. I can tell what you are thinking. Radioshack… is...
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Piper Jaffray Reiterates Overweight on ERTS and Neutral on ATVI, GME, TTWO
Friday, July 15, 2011 - 7:23am | 136Piper Jaffray reiterated its Overweight rating on Electronic Arts (NASDAQ: ERTS). At the same time, the rating agency left its rating on Activision Blizzard (NASDAQ: ATVI), Take-Two Interactive (NASDAQ: TTWO) and GameStop (NYSE: GME) unchanged at Neutral. On Thursday, TTWO lost 1.76% of its value...
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Thursday's Put/Call Ratio Leaders
Thursday, July 14, 2011 - 11:26am | 77Here are today's Put/Call Ratio leaders… 1. Dana Corp. (NYSE: DAN) 2,822 puts, 30 calls 2. YRC Worldwide (NASDAQ: YRCW) 2,862 puts, 325 calls 3. STEC Inc. (NASDAQ: STEC) 16,938 puts, 1,942 calls 4. Barclays Bank (NYSE: BCS) 8,414 puts, 981 calls 5. RadioShack Corp. (NYSE: RSH) 3,797 puts, 569...
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Puts Purchased on RadioShack
Thursday, July 14, 2011 - 10:24am | 118Shares of RadioShack (NYSE: RSH) are lower on the session by 1.79%, currently trading at $13.14. The stock has been moving largely lower over the past six months and is currently trading below the 50-day moving average. Options traders are buying puts on the name today. A short while ago the...
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Benzinga's Top Pre-Market Losers
Thursday, July 14, 2011 - 7:31am | 122Marriot International (NYSE: MAR) dipped 5.09% to $35.25 in the pre-market session. MAR projects earnings of $1.35 to $1.43 per share for the full year, versus analysts' estimates of $1.42 per share. Hartford Financial Services Group Inc (NYSE: HIG) moved down 4.22% to $24.52 in the pre-market...
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GameStop Appoints Shane Kim to Board of Directors
Tuesday, July 12, 2011 - 8:02am | 123GameStop Corp. (NYSE: GME) today announced the appointment of Shane Kim to its board of directors. Kim brings to the GameStop board nearly twenty years of experience in the constantly evolving video game industry. The majority of his career has been spent at Microsoft, where he held a variety of...
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Deutsche Bank Updates 7/12/11
Tuesday, July 12, 2011 - 6:47am | 212Deutsche Bank made a number of updates in a research report published today. OfficeMax (NYSE: OMX) had its rating maintained at Hold. At the same time, its price target was reiterated at $11.50. On Monday, OMX lost 3.58% of its value to finish the day at $7.28. Office Depot (NYSE: ODP) had its...
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Deutsche Bank Lowers RSC Price Target To $15
Monday, July 11, 2011 - 7:17am | 83According to Deutsche Bank, RSC (NYSE: RSC) price target was lowered to $15. Deutsche Bank said that, based on comments made RSC management at the DB Industrials conf, we believe industry rates and utilization continue to improve, albeit gradually, and will remain on a positive trajectory in 2H11...
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Which Bank is Right For You? MyBankTracker Aims to Answer That Question
Friday, July 8, 2011 - 2:22pm | 911If you needed to buy a new TV, what's the first thing that you would do? Go online and search for some information? Read a review? Ask a friend's opinion? Maybe you'd investigate the latest televisions for yourself by visiting Best Buy (NYSE: BBY), Target (NYSE: TGT), Wal-Mart (NYSE: WMT), or some...
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SodaStream Bubbles Up on Best Buy Deal
Wednesday, July 6, 2011 - 12:37pm | 376SodaStream (NASDAQ: SODA) is skyrocketing today, up over 6% over yesterday's close. The rise above $74 a share comes after the company's products began selling at retailer Best Buy (NYSE: BBY). So what product is it that has investors bubbling over with confidence in the SodaStream stock? The...
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Deutsche Bank Reiterates Buy on Best Buy
Wednesday, July 6, 2011 - 6:20am | 137Deutsche Bank is out with its report today on Best Buy (NYSE: BBY), reiterating Buy. In a note to clients, Deutsche Bank writes, "CEA recently updated its growth rates for several key product categories and we hosted meetings with its staff last week. There was a mix of better-than-expected and...
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Piper Jaffray Assumes Coverage On GameStop With Neutral Rating
Tuesday, July 5, 2011 - 8:14am | 78According to Piper Jaffray, GameStop (NYSE: GME) coverage is assumed with a Neutral rating. Piper Jaffray said that it is assuming coverage of GME with a Neutral rating and $27 PT based on 8.5x our CY12E EPS of $3.14. “GameStop will report July quarter results in mid August and, despite our...
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Citi Reiterates Sell on Best Buy
Tuesday, July 5, 2011 - 7:09am | 92Citi is out with its report today on Best Buy (NYSE: BBY), reiterating Sell. In a note to clients, Citi writes, "Although 1Q results were slightly better than expectations, cost controls and share buyback were the primary drivers of the beat. BBY recently announced a $5 billion repurchase...
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Piper Jaffray Upgrades GameStop Corporation To Neutral, Raises PT To $27
Tuesday, July 5, 2011 - 6:53am | 28Piper Jaffray has upgraded GameStop Corporation (NYSE: GME) from Underweight to Neutral and has raised the price target from $17 to $27.