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Thursday, May 22, 2008

Hot Stocks to Watch Friday

Dick's Sporting Goods (NYSE:DKS) experienced its biggest drop since the bear market bottom in October 2002 after its annual profit forecast was less than analysts expected. The Short Term PowerRating for DKS is 7.
Evergreen Solar (NasdaqGM:ESLR), the solar power panel parts maker, ended the day up by more than 10% on news of a new $750 million contract. The Short Term PowerRating for ESLR is 3.
The biggest producer of electricity from natural gas, Calpine (NYSE:CPN) was up by more than 8% on the day on news that NRG Energy (NYSE:NRG) was making an unsolicited bid for the company. The Short Term PowerRating for NRG is 5.
BCE, Inc. (NYSE:BCE) was down by 12% as bondholders won the right to challenge a planned leveraged buyout of the company. The Short Term PowerRating for BCE is 5.
Gap Inc. (NYSE:GPS) announced earnings on Thursday that beat analyst estimates by three cents. The Short Term PowerRating for GPS is 5.
Ford Motor Company (NYSE:F) admitted that it would likely break even in 2009, later than analysts had expected. The stock was down more than 8% on the news. The Short Term PowerRating for F is 8.

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