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Jon Najarian Likes WMT, TGT And BBY
Monday, November 23, 2009 - 5:48pm | 121The OptionMonster.com co-founder Jon Najarian is bullish on retailers. He said in CNBC's Fast Money that he holds a long position on Wal-Mart Stores (NYSE: WMT), Target (NYSE: TGT) and Best Buy (NYSE: BBY), and believes that these stocks will go higher. Jon Najarian added that the price war between...
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Best Buy Looks Promising Ahead of The Christmas Season
Monday, November 23, 2009 - 10:14am | 143This Morning Barclays Capital reiterated their “Overweight” rating for Best Buy Co., Inc. (NYSE: BBY), while raising their estimates for the company. The target price has been raised from $44 to $47. The Firm Believes “We think BBY's shares are well positioned to appreciate over the holidays....
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Stocks That Will Continue to Achieve New Highs (BBY, SJM, AGU, KO, TRA, MRK, CTL)
Friday, November 20, 2009 - 5:21pm | 266Best Buy Co Inc (NYSE: BBY) shares began their uptrend movement on October 30, and there are no reversal signs in sight so far. The stock could add some points as holiday season is nearing. The JM Smucker Company (NYSE: SJM) shares have appreciated today by 5.25% to $56.29 after witnessing...
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Top 5 Stocks With Highest Annual Sales (DCM, LOW, BBY, MRO, RTP)
Friday, November 20, 2009 - 9:27am | 171Below are interesting stocks on the NYSE and the NASDAQ with the highest annual sales. NTT DoCoMo Inc (NYSE: DCM) has a market capitalization of $60.93 billion and annual sales of $48.62 billion. DCM shares have declined by 7.22% over the past 52 weeks as compared to a 45.51% rise in S&P500....
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Fast Money Guys Like ATVI, GME, PWRD In The Video Game Industry
Wednesday, November 18, 2009 - 8:09pm | 132CNBC's Fast Money Guy Adami thinks Activision Blizzard, Inc. (NASDAQ: ATVI) is a buy. He likes its valuations and believes they have more licensing than their rival ETRS. Activision (ATVI) gained 1.54% today as company announced that its popular video game "Call of Duty IV" made $550 millions in...
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GameStop May Post Positive Q3 Revenue Growth
Wednesday, November 18, 2009 - 9:27am | 146Analysts at Hudson Square Research maintain their “buy” rating for GameStop (NYSE: GME). The 12-month target price for GME is set to $46. Hudson Square Research expects GME to post its Q3 results marginally ahead of the consensus expectations. With the decline in GME’s domestic industry revenues...
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Barron's List Of Retailers Estimated To Do Well This Xmas: BBY, DLTR, GPS, COH, CHS
Monday, November 16, 2009 - 11:08am | 283Most retail companies are expected to have a good fourth quarter earnings on account of attention paid to inventory management and cost-cutting measures undertaken by the retailers. Berman's DeeBee index, which measures the pace of inventory to sales growth for 170 retailers, turned positive in...
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Barclays Capital Reiterates Apple's (AAPL) Rating
Tuesday, November 10, 2009 - 7:32pm | 96Barclays Capital sees Apple's (NASDAQ: AAPL) valuation as a very attractive on a free cash flow basis. The recent announcement that RadioShack (NYSE: RSH) will begin to sell iPhone will, in their opinion, help support earning estimates. They estimate FY 2010 EPS at $7.55. A partnership with Verizon...
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GameStop Corp. (NYSE: GME) Reiterated Earnings
Tuesday, November 10, 2009 - 10:18am | 121GameStop Corp. (NYSE: GME) surged 1.02% in the pre-market trading after forecasting its third quarter earnings per share to be in between $0.27 - $0.33 a share and same store sales to fall in between 11% to 6%. Earnings per share exclude debt retirement costs of $0.01 a share. GameStop is expected...
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Jon Najarian Believes In U.S. Consumer (RSH, ANF)
Monday, November 9, 2009 - 4:38pm | 84The OptionMonster.com co-founder Jon Najarian said on CNBC's Fast Money that he believes in the retail sector and that he is long RadioShack Corporation (NASDAQ: RSH), Abercrombie & Fitch, and TJX Companies (NYSE: TJX). Jon Najarian thinks that U.S. consumers are going to continue to spend,...
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Is PALM Losing Its Place In Smart Phone World?
Monday, November 9, 2009 - 4:20pm | 125The news that RadioShack (NYSE: RSH) will be selling iPhones in their stores is bad for Palm (NASDAQ: PALM), which is one of the rare tech stocks today that is trading in the red zone. Zach Karabell said on CNBC's Fast Money that he thinks smart phone sector will have winners and losers and he is...
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RadioShack To Carry iPhone from Month End, Analysts Optimistic
Monday, November 9, 2009 - 11:01am | 144RadioShack Corp (NYSE: RSH) will be carrying Apple Inc's (NASDAQ: AAPL)’s iPhone 3G and 3GS at its stores in Dallas-Fort Worth and the New York City metropolitan areas from this month. RSH further indicated that its stores across the nation will carry these phones from the start of 2010. The news...
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RadioShack To Sell Apple's iPhone In 2010
Friday, November 6, 2009 - 5:47pm | 20RadioShack (NYSE: RSH) to sell Apple's (Nasdaq: AAPL) iPhone in 2010.
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Best Buy (BBY) To Partner With CinemaNow For Digital Delivery
Tuesday, November 3, 2009 - 11:15am | 152According to LA Times, retailer of consumer electronics, home office products, entertainment software and appliances Best Buy Co., Inc. (NYSE: BBY) is expected to partner with CinemaNow, Inc. to introduce a new movie downloading service. As the sales of movie discs and CDs fell, Best Buy is...
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Stocks Expected To Pop (MU, SLM, MCO, CEPH, GNW, MI, CMCSA, WLP, GME, WFR, STT, NOVL, PTV, AMGN)
Tuesday, October 27, 2009 - 2:34pm | 241According CNBC.com, their analysts looked at Analyst Price Targets for S&P500 companies in September and identified the top 20 companies. Among these companies, 6 of the top 10 are already showing promising results. On that list, Micron Technology (NYSE: MU) has the widest price range of $4.00...