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Saturday, December 01, 2007

Jim Cramer's Mad Money Lightning Round Nov. 30th

Abbott Labs (ABT): Cramer likes this stock because it has great drugs and diagnostics. He also recommended Baxter (BAX), Bard (BCR), and Becton Dickinson (BDX).
Infinera (INFN): Cramer doesn't want to be in this stock because he doesn't like the optical sector.
Southern Copper (PCU): Cramer is bullish on this stock, but he thinks Freeport McMoran (FCX) is better since it's cheap and he thinks it will be taken over soon.
Nordstroms (JWN): Cramer thinks this stock should go up to $36, so he would buy the stock here.
E*Trade (ETFC): Cramer thinks you will get hurt if you try to invest in this stock. He is bearish.
Anthracite Capital (AHR): This is a residential REIT, so Cramer is bearish. He recommended the caller buy Annaly Capital (NLY) instead.
Anadarko Petroleum (APC): Cramer thinks this stock is terrific, along with Apache (APA), Devon (DVN), and XTO (XTO).
Trane (TT): Cramer said he has been looking at this stock and was actually going to recommend it later tonight, but he has second thoughts about it because of its residential construction exposure. He still thinks it is a well run company.
Northern Trust (NTRS): Cramer thinks this and State Street (STT) are the best run financial institutions in the country, so he wants to recommend both of them.

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Monday, November 05, 2007

Hot Stocks to Watch Monday

Here are 7 trading ideas for today. This list comes directly from the TradingMarkets Stock Indicators page and is based upon our latest quantitative research.
Bullish
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Sotheby's (NYSE:BID - News) & Gentex (NasdaqGS:GNTX - News). BID's PowerRating (for Traders) is 7, and GNTX's PowerRating (for Traders) is 7.
2-Period RSI Below 2: These are stocks that have a 2-period RSI reading below 2 and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving with a 2-period RSI reading below 2 have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
China Southern Airlines (NYSE:ZNH - News). ZNH's PowerRating (for Traders) is 7.
Stocks Down 10% or More: These are stocks that have lost 10% or more over the past five days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that have lost 10% or more over the past five days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Peabody Energy (NYSE:BTU - News). BTU's PowerRating (for Traders) is 7.
Bearish
5+ Consecutive Up Days: These are stocks that have closed up for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that close up for five or more days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Lincare Holdings (NasdaqGS:LNCR - News). LNCR's PowerRating (for Traders) is 4.
5+ Consecutive Higher Highs: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Abbott Laboratories (NYSE:ABT - News). ABT's PowerRating (for Traders) is 5.
Stocks Up 10% or More: These are stocks that have gained 10% or more over the past five days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that have gained 10% or more over the past five days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Getty Images (NYSE:GYI - News). GYI's PowerRating (for Traders) is 3.
Published By TradingMarkets.com

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Friday, November 02, 2007

Hot Stocks to Watch Friday

Here are 7 trading ideas for today. This list comes directly from the TradingMarkets Stock Indicators page and is based upon our latest quantitative research.
Bullish
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Silicon Laboratories (NasdaqGS:SLAB - News) & National Instruments (NasdaqGS:NATI - News). SLAB's PowerRating (for Traders) is 6, and NATI's PowerRating (for Traders) is 6.
2-Period RSI Below 2: These are stocks that have a 2-period RSI reading below 2 and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving with a 2-period RSI reading below 2 have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Titan-International (NYSE:TWI - News). TWI's PowerRating (for Traders) is 9.
Stocks Down 10% or More: These are stocks that have lost 10% or more over the past five days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that have lost 10% or more over the past five days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Crocs (NasdaqGS:CROX - News). CROX's PowerRating (for Traders) is 6.
Bearish
5+ Consecutive Up Days: These are stocks that have closed up for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that close up for five or more days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
United Stationers (NasdaqGS:USTR - News). USTR's PowerRating (for Traders) is 3.
5+ Consecutive Higher Highs: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Abbott Laboratories (NYSE:ABT - News). ABT's PowerRating (for Traders) is 4.
Stocks Up 10% or More: These are stocks that have gained 10% or more over the past five days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that have gained 10% or more over the past five days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Enbridge Energy Partners (NYSE:EEP - News). EEP's PowerRating (for Traders) is 3.
Published By TradingMarkets.com

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Monday, October 29, 2007

Hot Stocks to Watch Monday

Here are 7 trading ideas for today. This list comes directly from the TradingMarkets Stock Indicators page and is based upon our latest quantitative research.
Bullish
5+ Consecutive Down Days: These are stocks that have closed down for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that close down for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Kendle International (NasdaqGS:KNDL - News). KNDL's PowerRating (for Traders) is 7.
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Horizon Lines (NYSE:HRZ - News). HRZ's PowerRating (for Traders) is 6.
2-Period RSI Below 2: These are stocks that have a 2-period RSI reading below 2 and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving with a 2-period RSI reading below 2 have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
National Instruments (NasdaqGS:NATI - News) . NATI's PowerRating (for Traders) is 7.
Stocks Down 10% or More: These are stocks that have lost 10% or more over the past five days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that have lost 10% or more over the past five days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Immucor (NasdaqGS:BLUD - News). BLUD's PowerRating (for Traders) is 7.
Bearish
5+ Consecutive Up Days: These are stocks that have closed up for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that close up for five or more days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Countrywide Financial (NYSE:CFC - News) & Lennary (NYSE:LEN - News). CFC's PowerRating (for Traders) is 4, and LEN's PowerRating (for Traders) is 3.
Stocks Up 10% or More: These are stocks that have gained 10% or more over the past five days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that have gained 10% or more over the past five days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Abbot Laboratories (NYSE:ABT - News). ABT's PowerRating (for Traders) is 4.
Published By TradingMarkets.com

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Tuesday, May 29, 2007

Hot Stocks to Watch for Today

Here are 7 trading ideas for today. These lists come directly from the TradingMarkets Stock Indicators page and are based upon our latest quantitative research.
Bullish
5+ Consecutive Down Days: These are stocks that have closed down for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that close down for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Abbott Laboratories (NYSE:ABT - News) & Dominion Resources (NYSE:D - News). ABT's PowerRating is 6, and D's PowerRating is 6.
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Titanium Metals Corporation (NYSE:TIE - News). TIE's PowerRating is 7.
2-Period RSI Below 2: These are stocks that have a 2-period RSI reading below 2 and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving with a 2-period RSI reading below 2 have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Northeast Utilities (NYSE:NU - News) & Teco Energy (NYSE:TE - News). NU's PowerRating is 6, and TE's PowerRating is 6.
Bearish
5+ Consecutive Up Days: These are stocks that have closed up for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that close up for five or more days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge. Historically, these stocks have provided traders with a significant edge.
Thor Industries (NYSE:THO - News). THO's PowerRating is 4.
5+ Consecutive Higher Highs: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Davita VA. DVA's PowerRating is 4.
PowerRatings are courtesy of PowerRatings.net

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Tuesday, May 08, 2007

Stock Market Wrapup May 7th

Blue Chip stocks as measured by the Dow Jones Industrial Average inched upward to another record close, but stocks were otherwise mixed today as the technology sector closed fractionally lower. Oil prices inched down, but the 10-year Treasury note gained.
The Dow set its 20th record close since the beginning of the year. Part of the Dow's boost came from a hostile bid by Alcoa (NYSE: AA), a Dow component, for its Canadian rival Alcan (NYSE: AL). Alcoa offered an unsolicited bid of $26.9 billion for its cross-border competitor. Were the bid to be successful -- and Wall Street was betting today that the price would go higher -- the combined companies would control 20% of the world's aluminum production and would put back together companies split up over antitrust concerns years ago. Alcoa said it would address those issues by divesting itself of other assets. Alcoa's cash-and-stock offer valued Alcan at $73.25 a share, but investors quickly bid up the price of Alcan's stock above that level. Alcoa's shares also closed 8.3% higher.
Another factor that will drive trading this week will be the Federal Reserve, which meets on Tuesday and Wednesday to discuss interest rates and the economy. Most observers expect the Fed to hold the line on rates once again, but investors will be closely watching for any indications of a sentiment change from the central bank.
In other news, Johnson & Johnson (NYSE: JNJ) closed lower after announcing that a new drug-coated stent being developed by its Conor MedSystems unit had failed a key trial and would be pulled from overseas markets. Stents are used by heart surgeons to open up clogged arteries and keep blood flowing. Plans to introduce the new stent into the U.S. were also shelved. Some analysts suggested the announcement wasn't a major financial blow because the product was only expected to be a modest contributor over the next 12-18 months. Shares of Boston Scientific (NYSE: BSX) and Abbott Laboratories (NYSE: ABT), which offer competing products, rose on the news.
In the tech sector, Yahoo (Nasdaq: YHOO) backtracked following Friday's advance that was driven by rumors that it's talking to Microsoft (Nasdaq: MSFT) about some sort of linkage that would enable the two companies to better blunt Google (Nasdaq: GOOG).
Chipmaker Marvell Technologies (Nasdaq: MRVL) gained 1.1% after the company announced management changes to address problems stemming from its stock-option program. The company's board said its options problems were the result of a "systemic failure of internal controls." Marvell's CFO quit and the company fired the general counsel of its U.S. subsidiary. Co-founder Sehat Sutardja was asked to give up the chairman's title, but remains as CEO. Co-founder Weili Dai will assume a "significantly reduced role."
Finally, Berkshire Hathaway (NYSE: BKR-B) held its annual meeting over the weekend, during which CEO Warren Buffett commented that he's shopping for a huge deal in the $40-$60 billion range, but he's having trouble finding the right candidate. He also talked about succession plans, though he has no immediate plans of stepping down.

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Monday, April 16, 2007

Jim Cramer's Mad Money Lightning Round April 13th

Bullish Calls:
Archer Daniels Midland (NYSE: ADM): 'We're not going to go into the ethanol business! If we do, we're going to buy the one ethanol company that I think actually has earnings and a business model, which is ADM!'Danaher (NYSE: DHR): 'Down $4 from the high. I want you to pull the trigger. I want you to get long DHR.'Citigroup (NYSE: C): 'Chuck Prince overpaid today, made a dilutive acquisition for a hedge fund... Once again, board members... Mr. George David, Mr. Kenneth Derr, Mr. Rubin... Will you please broom the guy! C'mon! C - I like it, because I think the company will eventually come to their senses and give Chuck Prince the boot... 'Haynes (NasdaqGM: HAYN): 'Did we nail that one after the secondary? What did we pick up? A quick $12 there? This stock is going higher. This is one of those high-performance alloy stocks ... The stock is on a ramp. Yes! HAYN is a keeper!'Eli Lilly (NYSE: LLY): 'LLY's finally starting to get a little jiggy here. It is not my favorite at all ... I think it goes to $60 by options expiration next Friday, and then, I want you to sell it. Not until then.'Abbot Laboratories (NYSE: ABT)Crocs (NasdaqGS: CROX): 'How much do we like CROX?! ... Literally, literally, more than a quarter of the stock is short? That's wrong. We like CROX. We think it goes to $60.'National Oilwell Varco (NYSE: NOV): 'It's up a quick $15 but, you know what? NOV at $83 goes to $90. I'm sticking by it. It grows at 25%. It has a 20x multiple.'Transocean (NYSE: )GobalSantaFe (NYSE: GSF)Halliburton (NYSE: HAL - News): 'I think HAL is going to make a bid for Weatherford.'Immucor (NasdaqGS: BLUD): 'At $20, I had that management on, and I embraced that stock and, you know what? 52-week high.'Akamai Technologies (NasdaqGS: AKAM): 'I'm still going to send you to AKAM. Because, if you want web, I'm giving you AKAM.'J.C. Penney (NYSE: JCP): 'Why don't you buy some JCP? I want to stick with the best of the breed. I want you to stick with those that should get the benefit of the doubt...'
Bearish calls:
Aventine Renewable Energy (NYSE: )JetBlue (NasdaqGS: JBLU): 'Here we are, all the way back to $11 ... We just need to see this quarter. When we find out how much money we had to put into the new systems ... we will get bullish and pull the trigger!'Digital River (NasdaqGS: DRIV): 'Cry me a digital river! This stock is up so much since I recommended it, I'm scared of it. Sell, sell, sell!'Open Text (NasdaqGS: OTEX): 'You know what? That is a good company. I tend not to like this kind of web company.. sell, sell, sell!'Family Dollar Stores (NYSE: FDO): 'No! No! I don't think FDO's having that good a quarter. It's down 10% from its high. I don't want you in that. '
Published By SeekingAlpha

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Thursday, April 05, 2007

Jim Cramer's Mad Money Lightning Round April 4

Bullish calls:
Consolidated Edison (NYSE: ED - News): 'If you're going to go that route, I'd rather see you do ED.'WellPoint (NYSE: WLP - News)Celgene (NasdaqGS: CELG)Gilead Sciences (NasdaqGS: GILD)Genzyme (NasdaqGS: GENZ)Abbott Labs (NYSE: ABT - News): 'ABT has accelerated growth... because they got the best part of the Guidant deal... because they've got a couple of drugs that I think are still expanding... 'Marshall & Ilsley (NYSE: MI - News): 'I like what they did yesterday, very much... It split off its processing business ... MI is committed to be able to bring out value, even at a time when a lot of regional banks are not to be owned. I salute that management for being probably the only company in that whole industry that I think recognizes that you've got to do more than just play the yield curve, because they haven't done well. That's a good stock.'Dendreon (NasdaqGM: DNDN): 'I think DNDN has now had a major move ... I don't think it's done ... That is a very speculative stock though. It is not for those who want to buy it as a drug company ... Which is why I have not gone out with it on my show.'Starwood Hotels (NYSE: HOT - News): 'Steve Hayer must be a guy that nobody could work with, because, boy, he is an unbelievable turnaround guy... They just left him in the dust. The rumor is that they're going to be for sale. The stock could go to $90 if it's for sale ... I want to own HOT... I think that's a great selection.'
Bearish calls:
DTE Energy (NYSE: DTE - News): 'You're too conservative ... I want more growth than that stock can give you.'Eli Lilly (NYSE: LLY - News): 'This is a tough, tough, tough call, because LLY is very well-run, and it's done unbelievable work in the mental health business. The problem with LLY - and this is a problem I see with much of big pharma - it does not have the growth that I want ... I salute the management, but I don't want to buy the company.'MedImmune (NasdaqGS: MEDI): 'I think they're misguided. I do believe that this company should be sold to other people who can do a better job. They have great drugs. They have not succeeded in marketing them.'
Published by SeekingAlpha

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Saturday, March 31, 2007

Hot Stocks of the Week

The volatility of the first quarter that ended Friday, was reflected in several stocks that saw unusual activity during the week, including a drop for Boston Scientific and a jump for Abbott Laboratories.
Boston Scientific Corp. slid 6.6 percent Monday after a study showed a heart stent made by Abbott had lower rates of target vessel failure. This means the drug-coated stent performed better than Boston Scientific's Taxus.
The study was originally meant to show that the Abbott stent, called Xience, was merely not inferior to Taxus. Both stocks traded with very heavy volume, and sent shares of other stent makers into accelerated trading as well.
Shares of Boston Scientific sank to a nearly five-year low of $13.88 on the news, with volume approaching three times its typical trade of about 12 million shares. The New York Stock Exchange-listed shares recovered slightly as the week continued as volume returned to more normal levels, ending the week at $14.54.
Meanwhile, Abbott shares on Monday gained 6 percent and hit an all-time high of $57.26, with trading volume almost four times a typical day. Volume remained high Tuesday as shares began to slip a bit, and by Friday the stock settled back to close at $55.80, still up 3.6 percent for the week.
Nuvelo Inc. shot up 25 percent Tuesday to $3.86, after the smallcap company said the Food and Drug Administration has granted "fast-track" status to its colon cancer drug candidate as both a first- and second-line treatment.
That means Nuvelo can submit data to the FDA on a rolling basis rather than all at once, speeding up the application process.
Trading volume jumped to about 9 times its usual volume, with 28 million shares changing hands on the Nasdaq Stock Market. Activity remained high Wednesday, though volatility leveled out. The stock gave back some of its Tuesday gains but ended the week up 19 percent at $3.68.
On Wednesday, Beazer Homes USA Inc. plunged more than 8 percent to $28.77 on the NYSE, after the FBI said it is among agencies investigating possible fraud in the company's mortgage lending practices and other financial transactions.
The homebuilder said it was cooperating with a federal prosecutor's request for documents. The news came on top of ongoing struggles for the Atlanta-based company, which has suffered hefty losses amid a downturn in the housing market.
Trading volume swelled to 19.6 million shares changing hands, from a typical level of 1.6 million shares.
The U.S. attorney's office in Charlotte, N.C., along with the Internal Revenue Service and the U.S. Department of Housing and Urban Development are also participating in the investigation.
Volume settled back down the rest of the week, though the stock didn't recoup much of the loss. Shares of Beazer ended the week down 7.6 percent at $29.03.
RF Micro Devices Inc., which makes components used in mobile phones, on Thursday shed 11 percent to end at $6.31 on the Nasdaq, after the company projected a first-quarter slowdown. Trading volume zoomed to 63.3 million shares, from a usual 8.7 million shares changing hands.
The news prompted a Jefferies analyst to downgrade the stock. The company blamed lighter demand from a top customer, but did not provide more details. Analysts suspect the customer is mobile phone maker Motorola Inc., which recently warned of a more than $1 billion expected sales miss.
Shares lost another 8 cents Friday, with volume nearing 40.6 million shares, to close the week at $6.23.
Friday, Dendreon Corp. more than doubled its share price with extraordinarily heavy trading volume, surging $7.71 to $12.93 on the Nasdaq, and during the session spiked to $18.05, its highest point since December 2000. Volume approached 92.5 million shares, more than the 75.7 million shares the company had outstanding
The drug maker said a Food and Drug Administration panel endorsed its experimental prostate cancer vaccine, Provenge. The FDA advisers said the vaccine is safe, and said there is substantial evidence that it works in treating advanced prostate cancer that no longer responds to hormone treatment. The drug needs further study before it can be approved.
Published By AP

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Thursday, February 08, 2007

Hot Stocks to Watch Today

Here are 7 trading ideas for today. These lists come directly from the TradingMarkets Stock Indicators page and are based upon our latest quantitative research.
Bullish
Gaps Down 5% or More: These are stocks that gap down by 5% or more and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that gap down by more than 5% have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
MedImmune (NasdaqGS:MEDI - News). MEDI's PowerRating is 6.
Laps Down 5% or More: These are stocks that lap down by 5% or more and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that lap down by more than 5% have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Maguire Properties (NYSE:MPG - News). MPG's PowerRating is 5.
5+ Consecutive Down Days: These are stocks that have closed down for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that close down for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Abbott Laboratories (NYSE:ABT - News). ABT's PowerRating is 6.
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Apache Corporation (NYSE:APA - News)
2-Period RSI Below 2: These are stocks that have a 2-period RSI reading below 2 and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving with a 2-period RSI reading below 2 have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Cognos (NasdaqGS:COGN - News). COGN's PowerRating is 7.
Stocks Down 10% or More: These are stocks that have lost 10% or more over the past five days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that have lost 10% or more over the past five days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Genomic Health (NasdaqGM:GHDX - News). GHDX's PowerRating is 7.
Bearish
2-Period RSI Above 98: These are stocks that have a 2-period RSI reading above 98 and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving with a 2-period RSI reading above 98 have shown negative returns, on average, 1-day and 1-week later. Historically, these stocks have provided traders with a significant edge.
Valassis Communications (NYSE:VCI - News). VCI's PowerRating is 2.
PowerRatings are courtesy of PowerRatings.net

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Friday, January 19, 2007

Biggest Decliners Friday

AZZ Inc. (NYSE:AZZ - News), a manufacturer of electrical products and provider of galvanizing services, said that it's expecting to produce fiscal 2008 earnings in a range of $2.70 to $2.80 a share. Sales are expected in a range of $275 million to $2.85 million. The estimates assume that domestic markets will continue to be strong, that the company will continue to penetrate international markets and that zinc and other commodity prices will be less volatile. Galvanizing margins are expected in a range of 18% to 22%, while electrical and industrial operations are expected to produce margins in a range of 11% to 13%.
CACI International (NYSE:CAI - News) was downgraded to neutral from buy at Banc of America Securities.
Coldwater Creek Inc. (NASDAQ:CWTR - News) lowered its outlook for fiscal fourth quarter per-share income to a range of 16 cents to 17 cents. Previously, the women's-apparel company said it was looking for 26 cents to 27 cents. Coldwater cited slower-than-expected customer traffic throughout the holiday season.
Digi International Inc. (NASDAQ:DGII - News) first-quarter net income rose to 15 cents a share from 9 cents in the year-earlier period. Revenue rose to $41.8 million from $33.4 million.
Enterra Energy Trust (NYSE:ENT - News) reported a cash distribution of 6 cents per trust unit to be paid on Feb. 15. This payout represent a reduction from the 12 cents per trust unit the company distributed in each of the past six months. Enterra attributed the reduction to significantly weaker commodity prices, capital market uncertainty stemming from recent tax changes proposed by the Canadian government and early conversion of debentures to trust units.
E-Trade Financial Corp. (NASDAQ:ETFC - News) fourth-quarter net income jumped 37%, as customers traded more and stored more cash and investments with the discount broker.
Fortune Brands (NYSE:FO - News) was downgraded to neutral from overweight at J.P. Morgan. The firm cited a 20% gain in the share price since the end of June and the weak outlook for home and hardware sales and operating margins. The broker also told clients it believes margin expansion in the spirits and wine division is also limited as it thinks Fortune will increase investment in its newly acquired Allied brands.
General Electric Co. (NYSE:GE - News) reported fourth-quarter net income doubled to 64 cents a share, in line with estimates. Revenue rose a stronger-than-expected 11% to $44.62 billion. In addition, GE agreed to buy Abbott Laboratories' (NYSE:ABT - News) in-vitro and point-of-care diagnostics businesses for $8.13 billion in cash.
Hythiam (NASDAQ:HYTM - News) shares slid after the Los Angeles-based provider of health management services said late Thursday it has agreed to acquire Comprehensive Care Corp. for $9 million in cash and 708,066 shares of stock. The deal is expected to close in the first half of 2007.
IBM (NYSE:IBM - News) reported an 11% rise in fourth-quarter profit, helped by higher sales in its key global services division and more demand in its software business, although the stock fell due to meager sales growth for the company's hardware business.
Irvine Sensors Corp. (NASDAQ:IRSN - News) shares slumped after the Costa Mesa, Calif.-based developer of miniaturized infrared and electro-optical cameras said it was unable to file its Form 10-K for the fiscal year ended Oct. 1, 2006, by the yesterday's deadline. The company did not provide a reason for the delay in filing its 10-K.
Lamar Advertising (NASDAQ:LAMR - News) was downgraded to neutral from buy at Banc of America Securities.
Lubrizol (NYSE:LZ - News) was downgraded to neutral from overweight at J.P. Morgan.
Nuveen Investments (NYSE:JNC - News) said fourth-quarter net income for the three months ended Dec. 31 rose 15% to $50.2 million, or 60 cents a share, from $43.5 million, or 53 cents a share in the year-ago period. Revenue rose 24% to $195.6 million. Analysts surveyed by Thomson First Call forecast earnings of 61 cents a share, on average.
Shares of Rite Aid (NYSE:RAD - News) fell after Goldman Sachs downgraded the drugstore chain to sell from neutral, citing concerns over valuation and challenges integrating its Eckerd acquisition. "Shares of dramatically outperformed over the past several months on optimism over Eckerd's turnaround potential," Heinbockel said in a research note. He said the stock's strong gains leave it trading at the same valuation as the faster-growing and less leveraged CVS-Caremark combination. "As a result, we see a potential correction of 10% to 15% sometime in the first half of 2007," Heinbockel said. The stock was last down 3.1% at $5.95, but was still up 24% over the past four months. Heinbockel raised his stock price target to $5.45 from $4.54.
Stanley Works (NYSE:SWK - News) was downgraded to underweight from neutral at J.P. Morgan. The firm said the company's recent acquisition run has diluted returns and increased integration risk, particularly regarding Bostitch.
SunTrust Banks (NYSE:STI - News) said net income rose 1% to $523.6 million, or $1.46 a share, from $518.5 million, or $1.43, a year ago. Analysts, on average, forecast earnings of $1.46 a share, according to Thomson First Call. Quarterly revenue increased 3% to $2.07 billion from $2 billion, while non-interest income gained 11% to $882.6 million from $797.9 million, the Atlanta bank said.
Textron Inc. (NYSE:TXT - News) updated its fourth-quarter outlook Thursday night. The Providence, R.I. defense and aerospace company said it had "incurred additional costs related to its Bell Helicopter H-1 program." It now expects earnings from continuing operations to exceed previous guidance of $1.35 to $1.45 a share. That median still fell short of analysts' average estimates of $1.46 a share, as polled by Thomson Financial. The company said strong financial performance at Cessna and other units during the fourth quarter should more than offset additional H-1 costs.
TRW Automotive Holding Corp. (NYSE:TRW - News) was downgraded to sell from neutral at Goldman Sachs.
Washington Post Co. (NYSE:WPO - News) raised its annual dividend 5% to $8.20 a share from $7.80 a share.
Westlake Chemical Corp. (NYSE:WLK - News) was downgraded to reduce from neutral at UBS. The firm lowered its price target on the stock to $36 from $32.

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Stocks In Focus Today

California Micro Devices Corp. (NASDAQ:CAMD - News) reported third-quarter net income of $673,000, or 3 cents a share, compared with $2.53 million, or 11 cents a share, in the same period last year, as sales fell and costs rose slightly.
Callaway Golf Co. (NYSE:ELY - News) said it expects preliminary 2006 sales of $1.018 billion, with earnings per share of 33 cents to 35 cents. Excluding charges, the golf products company sees per-share income of 50 cents to 52 cents.
Capital One reported a 39% jump in fourth-quarter net income, but the results, as well as the credit card and banking company's 2007 forecast, fell short of Wall Street expectations.
Churchill Downs Inc. (NASDAQ:CHDN - News) said Michael Miller, who has served as chief financial officer since December 2002, is leaving to become CFO of Poe Cos. Miller's final day with Churchill, a horse racing venue operator, will be Jan. 26.
Coldwater Creek Inc. (NASDAQ:CWTR - News) lowered its outlook for fiscal fourth quarter per-share income to a range of 16 cents to 17 cents. Previously, the women's apparel company said it was looking for a per-share result of 26 cents to 27 cents. Coldwater cited slower-than-expected customer traffic throughout the holiday season.
Digi International Inc. (NASDAQ:DGII - News) said first-quarter net income rose, as sales gained, to $3.8 million, or 15 cents a share, from $2.18 million, or 9 cents a share, during the same period in the prior year. The company said quarterly revenue rose to $41.8 million from $33.4 million in the prior year.
E-Trade Financial Corp. (NASDAQ:ETFC - News) said fourth-quarter net income jumped 37% to a record, as customers traded more and stored more cash and investments with the discount broker.
General Electric Co. , moving to broaden its diagnostic offerings, will buy Abbott Laboratories' (NYSE:ABT - News) in-vitro and point-of-care diagnostics businesses for $8.13 billion in cash.
Jacuzzi Brands Inc. (NYSE:JJZ - News) said it sees preliminary fiscal first quarter operating income declining primarily due to a 40% drop in income in the Bath segment due to operating losses at the U.S. whirlpool bath operations.
JDSU (NASDAQ:JDSU - News) raised its view for fiscal second quarter revenue to a range of $360 million to $365 million. Previously, the communications test products company had said it was looking for revenue of $332 million to $352 million. JDSU cited its Communications Test and Measurement segment performing "particularly well."

KeyCorp raised its quarterly cash dividend 5.8% to 36.5 cents a share from 34.5 cents a share. The dividend is payable March 15 to shareholders of record as of Feb. 27.
Molex Inc. (NASDAQ:MOLX - News) reported fiscal second-quarter net income of $66.4 million, or 36 cents a share, up from $58.5 million, or 31 cents a share, a year ago. Revenue at the electrical equipment maker rose 20% to $837.5 million from $697.3 million.
Oneok Inc. (NYSE:OKE - News) raised its quarterly dividend 6.3% to 34 cents a share from 32 cents a share. The gas distributor said the dividend is payable Feb. 15 to shareholders of record as of Jan. 31.
Polaris Industries Inc. (NYSE:PII - News) said it has renewed and extended the employment agreement of Chief Executive Tom Tiller through 2008. Tiller will also continue to serve on the board, the snowmobile and motorcycle maker said.
Presstek Inc. (NASDAQ:PRST - News) said it expects fourth-quarter consolidated revenue to exceed $65 million, in line with the company's prior outlook excluding revenue from the Precision Analog operations, which was discontinued in the fourth quarter.
Stride Rite Corp. (NYSE:SRR - News) raised its quarterly cash dividend 17% to 7 cents a share from 6 cents a share. The maker of shoes said the dividend is payable March 15 to stockholders of record as of Feb. 27.
Textron Inc. (NYSE:TXT - News) said it now expects fourth-quarter earnings from continuing operations will be above its prior outlook of $1.35 a share to $1.45 a share. The company said its improved view is due to stronger financial performance at Cessna, Textron Systems and Textron Financial and a lower tax rate.
UnionBanCal Corp. (NYSE:UB - News) reported fourth-quarter net earnings of $226.4 million, or $1.61 a share, compared with $308.5 million, or $2.09 a share, in the same period last year. Revenue rose slightly to $672.7 million from $665.2 million.
Washington Post Co. (NYSE:WPO - News) raised its annual dividend 5% to $8.20 a share from $7.80 a share.
Xilinx Inc. (NASDAQ:XLNX - News) said its quarterly profit rose 8% from a year ago, but its sales were soft. Xilinx reported fiscal third-quarter net income of $87.5 million, or 26 cents a share, compared to net income of $81 million, or 23 cents a share, in last year's same period. Published By MarketWatch

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