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Tuesday, March 25, 2008

Hot Stocks to Watch Wednesday

Fortress Investment Group (NYSE:FIG) reported a loss for the fourth quarter, missing estimates by a wide margin. FIG's Short Term PowerRating is 3.
Shares of Penn National Gaming (NasdaqGS:PENN) rose after Fortress Investment Group said it still plans to buyout the casino operator. PENN's Short Term PowerRating is 3.
Monsanto (NYSE:MON) jumped 9.9% after the company raised its 2008 full-year earnings guidance. MON's Short Term PowerRating is 5.
MGIC Investment (NYSE:MTG) fell 7.9% after the mortgage insurer needed to raise $745 million via a stock and debt sale. The company reported a record loss in Q4. MGIC's Short Term PowerRating is 5.
The Wall Street Journal reported the $19 billion deal to take Clear Channel (NYSE:CCU) private was near collapse, due to the credit crisis. CCU's Short Term PowerRating is 4.
Yahoo! (NasdaqGS:YHOO) rose after Citigroup issued a "buy" note in expectation of a higher bid from Microsoft. YHOO's Short Term PowerRating is 5.
After the close, Jabil Circuit (NYSE:JBL) beat estimates by $0.02 but lowered guidance for the third quarter. JBL's Short Term PowerRating is 6.

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