Jim Cramer Blog

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.
Watson Pharmaceuticals (NYSE:WPI - News). WPI'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.
Netscout Systems (NasdaqGM:NTCT - News). NTCT's PowerRating (for Traders) is 8.
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.
KMG Chemicals (NasdaqGM:KMGB - News). KMGB's PowerRating (for Traders) is 8.
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.
US Airways (NYSE:LCC - News). LCC'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.
Websense (NasdaqGS:WBSN - News). WBSN's PowerRating (for Traders) is 3.
2-Period RSI Above 98: These are stocks that have a 2-day RSI reading above 98 and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average 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.
Red Hat (NYSE:RHT - News). RHT'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.
Circuit City (NYSE:CC - News). CC's PowerRating (for Traders) is 3.
Published By TradingMarkets.com

Labels: CC, Hot Stocks, KMGB, LCC, NTCT, RHT, WBSN, WPI

Here are 7 stocks for traders for Wednesday from TradingMarkets.com:
Worthington (NYSE:WOR - News) beat earnings on Tuesday with $0.27 EPS over an expected $0.22 EPS. WOR's PowerRating (for Traders) is 5.
Red Hat (NYSE:RHT - News) matched earnings on Wednesday with $0.17 EPS. RHT's PowerRating (for Traders) is 5.
Investors are watching for Actuant (NYSE:ATU - News) to report $0.95 EPS on Wednesday morning before the bell. ATU's PowerRating (for Traders) is 6.
Bed Bath & Beyond (NasdaqGS:BBBY - News) reports earnings on Wednesday after the close, with analysts looking for $0.52 EPS. BBBY's PowerRating (for Traders) is 5.
InterVoice (NasdaqGS:INTV - News) and Paychex (NasdaqGS:PAYX - News) both report earnings after the close tomorrow, so look for heightened price action and volatility ahead of the close. INTV'sPowerRating (for Traders) is 5, and PAYX's PowerRating (for Traders) is 6.
Lennar (NYSE:LEN - News) fell over 4% on Tuesday after reporting its worst quarterly loss in the company's history before the bell. LEN's PowerRating (for Traders) is 5.

Labels: ATU, BBBY, Hot Stocks, INTV, LEN, PAYX, RHT, WOR

Here are 7 stocks for traders for Tuesday from TradingMarkets.com:
Synnex (NYSE:SNX - News) matched earnings on Tuesday afternoon with $0.46 EPS. SNX's PowerRating (for Traders) is 6.
Microsoft (NasdaqGS:MSFT - News) gained over 2% on Monday on tomorrow's release of its flagship Xbox 360 game, Halo 3. MSFT's PowerRating (for Traders) is 5.
BHP Billiton (NYSE:BHP - News) rose over 5% on Monday, on expectations that the company will announce the discovery of the world's largest gold source in Australia. BHP's PowerRating (for Traders) is 3.
Lennar (NYSE:LEN - News) reports earnings on Tuesday morning before the market opens; watch for -$0.55 EPS. LEN's PowerRating (for Traders) is 5.
H.B. Fuller (NYSE:FUL - News) should announce $0.45 EPS on Tuesday morning before the bell. FUL's PowerRating (for Traders) is 5.
Red Hat (NYSE:RHT - News) is set to announce $0.17 EPS on Tuesday afternoon. RHT's PowerRating (for Traders) is 4.
When Worthington (NYSE:WOR - News) reports earnings on Tuesday afternoon, look for $0.22 EPS. WOR's PowerRating (for Traders) is 5.

Labels: BHP, FUL, Hot Stocks, LEN, MSFT, RHT, WOR

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. Historically, these stocks have provided traders with a significant edge.

U.S. Xpress Enterprises (NasdaqGS:XPRSA) & Willis Group Holdings (NYSE:WSH). XPRSA's PowerRating is 5, and WSH'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.
Red Hat (NYSE:RHT) & Take Two Interactive Software (NasdaqGS:TTWO). RHT's PowerRating is 6, and TTWO'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.
Industrial Services of America (NasdaqCM:IDSA). IDSA's PowerRating is 8.
Bearish
5+ Consecutive Up Days: 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.
International Game Technology (NYSE:IGT). IGT'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.
Sanofi Aventis (NYSE:SNY). SNY's PowerRating is 4.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: Hot Stocks, IDSA, IGT, RHT, SNY, TTWO, WSH, XPRSA

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Intervoice (NasdaqGS:INTV) beat earnings on Wednesday after the close, with $0.04 EPS over a consensus of $0.02 EPS. INTV's PowerRating is 4.
Red Hat (NYSE:RHT) beat earnings on Wednesday afternoon, announcing $0.16 EPS over an expected $0.15 EPS. RHT's PowerRating is 5.
Constellation Brands (NYSE:STZ) reports earnings on Thursday before the bell, with analysts looking for $0.15 EPS. STZ's PowerRating is 5.
Family Dollar Stores (NYSE:FDO) should announce $0.41 EPS before the bell on Thursday. FDO's PowerRating is 5.
When General Mills (NYSE:GIS) reports quarterly earnings on Thursday morning, watch for $0.63 EPS. GIS's PowerRating is 5.
KB Home (NYSE:KBH) is expected to report $0.07 EPS on Thursday morning before the market opens. KBH's PowerRating is 5.
Analysts will be watching for Rite Aid (NYSE:RAD) to report -$0.01 EPS tomorrow morning. RAD's PowerRating is 6.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: FDO, GIS, Hot Stocks, INTV, KBH, RAD, RHT, STZ

Here are 7 stocks for traders for Wednesday from TradingMarkets.com:
Oracle (NasdaqGS:ORCL) beat earnings on Tuesday after the bell, announcing $0.37 EPS over an expected $0.35 EPS. ORCL's PowerRating is 6.
Nike (NYSE:NKE) matched earnings expectations on Tuesday with $0.86 EPS. NKE's PowerRating is 5.
ConAgra (NYSE:CAG) reports quarterly earnings on Wednesday before the bell; watch for $0.31 EPS. CAG's PowerRating is 6.
When McCormick (NYSE:MKC) announces earnings before the bell on Wednesday, look for $0.33 EPS. MKC's PowerRating is 4.
Standard Microsystems (NasdaqGS:SMSC) should report $0.25 EPS before the market opens on Wednesday. SMSC's PowerRating is 6.
Micron (NYSE:MU) and Red Hat (NYSE:RHT) both report earnings on Wednesday after the close, so watch for heightened price action and volatility ahead of the bell. MU's PowerRating is 5, and RHT's PowerRating is 6.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: CAG, Hot Stocks, MKC, MU, NKE, ORCL, RHT, SMSC

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.
Dow Chemical (NYSE:DOW - News). DOW's PowerRating 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.
Red Hat (NYSE:RHT - News) & Ruby Tuesday (NYSE:RI - News). RHT's PowerRating is 8, and RI'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.
Icici Bank (NYSE:IBN - News). IBN's PowerRating 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. Historically, these stocks have provided traders with a significant edge.
Regal Entertainment (NYSE:RGC - News). RGC's PowerRating is 4.
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.
HCC Insurance Holdings (NYSE:HCC - News). HCC's PowerRating 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.
Books-A-Million (NasdaqGS:BAMM - News). BAMM's PowerRating is 2.
PowerRatings are courtesy of PowerRatings.net

Labels: BAMM, DOW, HCC, Hot Stocks, IBN, RGC, RHT, RI

Here are 7 options to watch for today. This list comes directly from the TradingMarkets Options Indicators page. The list is created using OptionVue options analysis software.
Most Under Priced Calls: These are the most under priced calls of all stocks in our database. While the Equities Explosion List finds groups of calls for individual equities that are under priced, this list finds the most under priced individual calls. Thus, the options listed here will tend to be more severely under priced.

Google Jun 530 Calls (NasdaqGS:GOOG - News) . GOOG's PowerRating is 6.
Most Under Priced Puts: These are the most under priced puts of all stocks in our database. While the Equities Explosion List finds groups of puts for individual equities that are under priced, this list finds the most under priced individual puts. Thus, the options listed here will tend to be more severely under priced.
Baidu.com Apr 95 Puts (NasdaqGM:BIDU - News). BIDU's PowerRating is 8.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. While the Equities Implosion List finds groups of calls for individual equities that are overpriced, this list finds the most overpriced individual calls. Thus, the options listed here will tend to be more severely overpriced.
Apple Inc. May 100 Calls (NasdaqGS:AAPL - News). AAPL's PowerRating is 6.
Red Hat Inc. Apr 22.5 (NYSE:RHT - News). RHT's PowerRating is 7.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. While the Equities Implosion List finds groups of puts for individual equities that are overpriced, this list finds the most overpriced individual puts. Thus, the options listed here will tend to be more severely overpriced.
NYMEX Holdings May 130 Puts (NYSE:NMX - News). PowerRating not available due to less than 200 days of trading history.
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
None Today
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.
None Today
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
Merrill Lynch & Co. (NYSE:MER - News). MER's PowerRating is 6.
Financial Select Sector SPDR (AMEX:XLF - News). XLF's PowerRating is 4.
PowerRatings are courtesy of TradingMarkets.com

Labels: AAPL, BIDU, GOOG, MER, NMX, RHT, stock options, XLF

Stocks Ready to Surge: These are the stocks that today made new 10-day lows that are still in an uptrend as they are trading above their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term upside reversals.
Eastman Kodak (NYSE:EK - News). EK's PowerRating is 6.
Low-Priced Stocks Ready to Surge: These are the stocks under $10/share that today made new 10-day lows that are still in an uptrend as they are trading above their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term upside reversals. Please note: All stocks carry risk and low-priced stocks usually come with even more risk. Always use caution.
Sugergen (NASDAQ:SUPG - News). SUPG's PowerRating is 6.
Pullbacks from Highs: Most successful momentum-based traders and money managers like to buy strong stocks after they pull back. TradingMarkets.com uses a proprietary mathematical model to identify up to 30 (in weak or choppy markets there will be fewer) of the strongest stocks that have pulled back from recent highs. These stocks should be considered potential candidates to resume their longer-term up trends.
Wimm-Bill-Dann Foods (NYSE:WBD - News). WBD's PowerRating is 7.
Long Windows Candidates: These are stocks which are in a strong uptrend, as determined by a proprietary trend filter and whose current bar has its high below the 4-day moving average. Historically, these stock on average have had a larger than normal short-term upside reversals. In order to qualify as a "Trading Window" candidate, we must have a 10-period ADX reading of 30 or higher and a +DI reading above the -DI reading. Or we must have a 14-period +DI of 30 or higher (with no ADX reading required). "Single Windows" are the most common type of Windows. They are simply a single bar which has its high of the day below the 4-period moving average.
Alltel (NYSE:AT - News). AT's PowerRating is 5.
Stocks Ready to Drop: These are the stocks that today made new 10-day highs that are still in an downtrend as they are trading below their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term downside reversals.
Citrix Systems (NASDAQ:CTXS - News). CTXS's PowerRating is 3.
Pullbacks from Lows: Most successful momentum-based traders and money managers like to sell weak stocks after they pull back. TradingMarkets.com uses a proprietary mathematical model to identify up to 20 (in strong or choppy markets there will be fewer) weak stocks that have pulled back from recent lows. These stocks should be considered potential candidates to resume their longer-term downtrends.
Advanced Medical Optics (NYSE:EYE - News). EYE's PowerRating is 4.
Trading Where the Action Is: This list contains the most volatile stocks over the past 50 trading days. These stocks are only for the most aggressive traders who are willing to assume a high degree of risk in order to capture larger gains.
Red Hat (NYSE:RHT - News). RHT's PowerRating is 5.
PowerRatings are courtesy of PowerRatings.net

Labels: AT, CTXS, EK, EYE, RHT, SUPG, WBD

Here are 7 stocks to watch for today. This list comes directly from the TradingMarkets Stocks Indicators page.
Stocks Ready to Surge: These are the stocks that today made new 10-day lows that are still in an uptrend as they are trading above their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term upside reversals.
Eastman Kodak (NYSE:EK - News). EK's PowerRating is 6.
Low-Priced Stocks Ready to Surge: These are the stocks under $10/share that today made new 10-day lows that are still in an uptrend as they are trading above their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term upside reversals. Please note: All stocks carry risk and low-priced stocks usually come with even more risk. Always use caution.
Sugergen (NASDAQ:SUPG - News). SUPG's PowerRating is 6.
Pullbacks from Highs: Most successful momentum-based traders and money managers like to buy strong stocks after they pull back. TradingMarkets.com uses a proprietary mathematical model to identify up to 30 (in weak or choppy markets there will be fewer) of the strongest stocks that have pulled back from recent highs. These stocks should be considered potential candidates to resume their longer-term up trends.
Wimm-Bill-Dann Foods (NYSE:WBD - News). WBD's PowerRating is 7.
Long Windows Candidates: These are stocks which are in a strong uptrend, as determined by a proprietary trend filter and whose current bar has its high below the 4-day moving average. Historically, these stock on average have had a larger than normal short-term upside reversals. In order to qualify as a "Trading Window" candidate, we must have a 10-period ADX reading of 30 or higher and a +DI reading above the -DI reading. Or we must have a 14-period +DI of 30 or higher (with no ADX reading required). "Single Windows" are the most common type of Windows. They are simply a single bar which has its high of the day below the 4-period moving average.
Alltel (NYSE:AT - News). AT's PowerRating is 5.
Stocks Ready to Drop: These are the stocks that today made new 10-day highs that are still in an downtrend as they are trading below their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term downside reversals.
Citrix Systems (NASDAQ:CTXS - News). CTXS's PowerRating is 3.
Pullbacks from Lows: Most successful momentum-based traders and money managers like to sell weak stocks after they pull back. TradingMarkets.com uses a proprietary mathematical model to identify up to 20 (in strong or choppy markets there will be fewer) weak stocks that have pulled back from recent lows. These stocks should be considered potential candidates to resume their longer-term downtrends.
Advanced Medical Optics (NYSE:EYE - News). EYE's PowerRating is 4.
Trading Where the Action Is: This list contains the most volatile stocks over the past 50 trading days. These stocks are only for the most aggressive traders who are willing to assume a high degree of risk in order to capture larger gains.
Red Hat (NYSE:RHT - News). RHT's PowerRating is 5.
PowerRatings are courtesy of PowerRatings.net

Labels: AT, CTXS, EK, EYE, Hot Stocks, RHT, SUPG, WBD

Here are 7 stocks for traders for Tuesday from TradingMarkets.com:
Iron Mountain (NYSE:IRM - News) and Perry Ellis (NASDAQ:PERY - News) have both scheduled a 3:2 stock split for Friday, December 29. IRM's PowerRating is 5, and PERY's PowerRating is 5.
Learning Tree (NASDAQ:LTRE - News) is the only major stock reporting earnings next week. LTRE is expected to report $0.03 EPS on Thursday.
Red Hat (NYSE:RHT - News) was upgraded at Citigroup from Sell to Hold. RHT's PowerRating is 4.
Research in Motion (NASDAQ:RIMM - News) received an upgrade at Bear Stearns from Peer Perform to Outperform. RIMM's PowerRating is 6.
Qualcomm (NASDAQ:QCOM - News) received a downgrade at JP Morgan from Neutral to Underweight. QCOM's PowerRating is 5.
El Paso (NYSE:EP - News) has been moving higher on large pipeline sales. EP's PowerRating is 7.
PowerRatings are courtesy of PowerRatings.net

Labels: EP, Hot Stocks, IRM, LTRE, PERY, QCOM, RHT, RIMM

Stocks opened lower today in light trading as Wall Street wound down for the three-day holiday weekend. The day's economic reports suggested again that the economy is slowing.
The Commerce Department said durable goods orders rose 1.9% in November, which was better than expected, but when non-defense items are excluded, the results were weak, declining -1.4%, on top of a -3.9% drop in October. Even with data suggesting inflation is under control, the durable goods figures were enough to dampen the spirit of those traders that were still at their desks this morning. The bond market also opened weakly, with the 10-year Treasury note down sharply.
There was some good news on the earnings front, however. Walgreen Co. (NYSE: WAG - News) jumped at the opening bell after the nation's largest drug store chain reported a 25% increase in its FQ1 profit. Same-store sales rose 9.7% in the quarter ended November 30th, while the company's prescription drug business, which accounted for nearly 66% of its total sales, grew by 19%. Walgreen said it earned $432 million, or 43 cents a share, against last year's profit of $346 million, or 34 cents per share. The results beat analyst EPS estimates by 2 cents.
Red Hat Inc. (NYSE: RHT - News), the top provider of the open source Linux operating system, reported reduced profit for its fiscal Q3 after yesterday's close, but the shares still rose more than 15% in early trading because results beat expectations.
Red Hat's profit dropped -37% in the quarter ended November 30th, but the declines were largely due to stock option expenses and tax provisions. Its reported earnings were only 7 cents a share, down from 12 cents a share in the corresponding quarter a year ago.
Excluding one-time costs, Red Hat's profit was $29.6 million, or 14 cents per share, which topped analyst expectations of flat operating results. Citigroup upgraded the company from "sell" to "hold," while First Albany upgraded the stock to "buy."
In other actions by Wall Street analysts this morning, former McDonald's Corp. (NYSE: MCD - News) unit Chipotle Mexican Grill, Inc. (NYSE: CMG - News) rose more than 2% in early trading after being upgraded to "outperform" by RBC Capital Markets. Blackberry maker Research In Motion Ltd. (Nasdaq: RIMM - News) was upgraded to "outperform" by Bear Stearns after reporting solid results. Keefe Bruyette & Woods downgraded two stocks in the banking sector. Countrywide Financial Corp. (NYSE: CFC - News) opened higher despite the downgrade to "underperform." Washington Mutual Inc. (NYSE: WM - News) was cut to "market perform."
By the BullMarket.com Staff

Labels: CFC, CMG, MCD, RHT, RIMM, WAG, WM

Amtech Systems Inc. (NASDAQ:ASYS - News) said that it is planning to offer $15 million of its stock in a public offering. The offer proceeds will be used for working capital and general corporate purposes.
Applica Inc. (NYSE:APN - News) shares rose after Nacco Industries Inc. (NYSE:NC - News) said it has increased its tender offer price for Applica to $7 from $6.50 a share. In October, Applica, a Miramar, Fla.-based home appliance maker, agreed to be acquired by affiliates of Harbinger for $6.50 a share.
Bally Technologies said that it sold around 9,000 gaming devices in the first half of fiscal 2007, up from 6,500 at the same point a year ago. Gross margins are expected to improve in 2007 compared to fiscal 2006. Richard Haddrill, chief executive officer of the technology solutions company, said: "In the first half of our fiscal 2007, we are beginning to see the benefits of our efforts." The company also said that it has filed its form Form 10-Qs for the quarters ended September 30 and December 31, 2005. It expects to file its Form 10-Q for the quarter ended March 31, 2006 and for the year ended June 30, 2006 before March 15, 2007. It anticipates reporting a net loss per share of between 66 cents and 76 cents for the year to June 30, 2006.
Cabot Corp. (NYSE:CBT - News) shares rose after the chemical company was upgraded to neutral from underweight by J.P. Morgan, which cited improving earnings growth as raw materials costs fall. J.P. Morgan said it expects net gains due to falling raw materials costs and selling price increases to be around $26 million, or 27 cents a share in the first quarter of fiscal 2007.
Cheniere Energy Inc. (AMEX:LNG - News) shares rose after its subsidiary Cheniere Energy Partners L.P. filed with the Securities and Exchange Commission to raise up to $301.9 million in its initial public offering.
El Paso Corp. (NYSE:EP - News) said it sold ANR Pipeline Co., its Michigan storage assets and its 50% interest in Great Lakes Gas Transmission to TransCanada Corporation and TC PipeLines LP for $4.14 billion, including $744 million of debt. El Paso said the deal would be neutral to slightly positive for earnings and would result in after-tax proceeds of $3.3 billion.
Exelixis Inc. (NASDAQ:EXEL - News) said that it has initiated a Phase II clinical trial of its XL880 drug in patients with gastric cancer. As previously announced, a Phase II trial of XL880 in patients with papillary renal cell carcinoma was initiated in June 2006. XL880 is an orally bioavailable small molecule inhibitor.
Hutchison Telecom International (NYSE:HTX - News) said it's received approaches from multiple parties for its 67% stake in Hutchison Essar, an Indian mobile operator. Vodafone Group (NYSE:VOD - News) said it's interested in buying a controlling stake in the Indian operator.
IMS Health (NYSE:RX - News) said it has approved a buyback of up to 10 million shares under a new stock repurchase program.
Memory chip maker Micron Technology (NYSE:MU - News) tripled its profit on 16% sales growth.
Oncolytics Biotech (NASDAQ:ONCY - News) said it has begun patient enrolment in its U.K. Phase II clinical trial to evaluate the anti-tumor effects of Reolysin in combination with low-dose radiation in patients with advanced cancers.
Pinnacle Airlines Corp. (NASDAQ:PNCL - News) shares shot up after it announced a deal to fly for Northwest Airlines Corp. (Other OTC:NWACQ.PK - News) through 2017 and analyst upgrades of hte regional carrier. The Amex Airlines Index gained 0.3% to 57.37 points, with Mesa Air Group climbing on a plan to form a regional airline in China with Shenzen Airlines.
Software maker Red Hat (NYSE:RHT - News) reported a stronger-than-forecast 45% sales growth.
Research In Motion (NASDAQ:RIMM - News) reported a 47% profit rise on 49% sales growth.
Resources Connection Inc. (NASDAQ:RECN - News) reported second-quarter net earnings of $14.7 million, or 29 cents a share, compared with $16 million, or 31 cents a share, in the same period last year. Excluding stock-based compensation expense, among other items, the Costa Mesa, Calif. -based provider of professional services posted per-share earnings of 36 cents. Revenue rose 16% to $182.8 million from $158.1 million. Analysts polled by Thomson First Call had expected per-share earnings of 27 cents, on revenue of $177 million.
SciClone Pharmaceuticals Inc. (NASDAQ:SCLN - News) and Sigma-Tau said that a large phase 2 trial treating patients with stage IV malignant melanoma, showed positive interim survival data. Data from the first four arms of this ongoing five-arm trial showed that the addition of 3.2 mg of ZADAXIN to standard dacarbazine chemotherapy increased the median survival to 10.2 months, the companies said.
Shuffle Master (NASDAQ:SHFL - News) reported fiscal fourth-quarter net earnings of $4.9 million, or 14 cents share, down from $8.2 million and 23 cents a year ago. Revenue rose 39% to $46.1 million. The per-share profit figure includes 7 cents of charges and 3 cents for stock-option expensing; the average estimate of analysts polled by Thomson First Call had been for Shuffle Master to earn 19 cents a share on revenue of $44 million. Shares ended the day down slightly at $26.22 but jumped more than 5% in after-hours action.
Toyota Motor Corp. (NYSE:TM - News) said it expects 2007 world-wide sales will rise 6% to 9.3 million autos. The company expects world-wide sales of its Toyota brand autos to rise 6% to 8.4 million units. Toyota forecast combined overseas sales for its Toyota, Daihatsu and Hino brands will grow 8% to 6.9 million autos, and combined sales in Japan to rise 1% to 2.4 million units.
Walgreen Co. (NYSE:WAG - News) said first-quarter income rose 25% to $432 million, or 43 cents a share, from $346 million, or 34 cents, a year ago. Sales for the three months ended Nov. 30 gained 17% to $12.71 billion from $10.9 billion, while same-store sales, or sales at stores open at least a year, rose 9.7%. Analysts, on average, forecast earnings of 41 cents a share on sales of $12.55 billion.
Wet Seal Inc. (NASDAQ:WTSLA - News) said a secondary offering of 16 million Class A common shares was priced $6 each. The Foothill Ranch, Calif., specialty retailer said the shares are being sold by affiliates of Prentice Capital Management LP, Capital Associates LLC and GMM Capital LLC. The offering's underwriters received an over-allotment option to buy up to 2.4 million shares.
-MarketWatch

Labels: APN, ASYS, CBT, EP, EXEL, HTX, KAR, LNG, MU, NC, PNCL, RHT, RIMM, SCLN, SHFL, TM, VOD, WAG

Amtech Systems Inc. (NASDAQ:ASYS - News) said that it is planning to offer $15 million of its stock in a public offering. The offer proceeds will be used for working capital and general corporate purposes.
Applica Inc. (NYSE:APN - News) shares rose after Nacco Industries Inc. (NYSE:NC - News) said it has increased its tender offer price for Applica to $7 from $6.50 a share. In October, Applica, a Miramar, Fla.-based home appliance maker, agreed to be acquired by affiliates of Harbinger for $6.50 a share.
Bally Technologies said that it sold around 9,000 gaming devices in the first half of fiscal 2007, up from 6,500 at the same point a year ago. Gross margins are expected to improve in 2007 compared to fiscal 2006. Richard Haddrill, chief executive officer of the technology solutions company, said: "In the first half of our fiscal 2007, we are beginning to see the benefits of our efforts." The company also said that it has filed its form Form 10-Qs for the quarters ended September 30 and December 31, 2005. It expects to file its Form 10-Q for the quarter ended March 31, 2006 and for the year ended June 30, 2006 before March 15, 2007. It anticipates reporting a net loss per share of between 66 cents and 76 cents for the year to June 30, 2006.
Cabot Corp. (NYSE:CBT - News) shares rose after the chemical company was upgraded to neutral from underweight by J.P. Morgan, which cited improving earnings growth as raw materials costs fall. J.P. Morgan said it expects net gains due to falling raw materials costs and selling price increases to be around $26 million, or 27 cents a share in the first quarter of fiscal 2007.
Cheniere Energy Inc. (AMEX:LNG - News) shares rose after its subsidiary Cheniere Energy Partners L.P. filed with the Securities and Exchange Commission to raise up to $301.9 million in its initial public offering.
El Paso Corp. (NYSE:EP - News) said it sold ANR Pipeline Co., its Michigan storage assets and its 50% interest in Great Lakes Gas Transmission to TransCanada Corporation and TC PipeLines LP for $4.14 billion, including $744 million of debt. El Paso said the deal would be neutral to slightly positive for earnings and would result in after-tax proceeds of $3.3 billion.
Exelixis Inc. (NASDAQ:EXEL - News) said that it has initiated a Phase II clinical trial of its XL880 drug in patients with gastric cancer. As previously announced, a Phase II trial of XL880 in patients with papillary renal cell carcinoma was initiated in June 2006. XL880 is an orally bioavailable small molecule inhibitor.
Hutchison Telecom International (NYSE:HTX - News) said it's received approaches from multiple parties for its 67% stake in Hutchison Essar, an Indian mobile operator. Vodafone Group (NYSE:VOD - News) said it's interested in buying a controlling stake in the Indian operator.
IMS Health (NYSE:RX - News) said it has approved a buyback of up to 10 million shares under a new stock repurchase program.
Memory chip maker Micron Technology (NYSE:MU - News) tripled its profit on 16% sales growth.
Oncolytics Biotech (NASDAQ:ONCY - News) said it has begun patient enrolment in its U.K. Phase II clinical trial to evaluate the anti-tumor effects of Reolysin in combination with low-dose radiation in patients with advanced cancers.
Pinnacle Airlines Corp. (NASDAQ:PNCL - News) shares shot up after it announced a deal to fly for Northwest Airlines Corp. (Other OTC:NWACQ.PK - News) through 2017 and analyst upgrades of hte regional carrier. The Amex Airlines Index gained 0.3% to 57.37 points, with Mesa Air Group climbing on a plan to form a regional airline in China with Shenzen Airlines.
Software maker Red Hat (NYSE:RHT - News) reported a stronger-than-forecast 45% sales growth.
Research In Motion (NASDAQ:RIMM - News) reported a 47% profit rise on 49% sales growth.
Resources Connection Inc. (NASDAQ:RECN - News) reported second-quarter net earnings of $14.7 million, or 29 cents a share, compared with $16 million, or 31 cents a share, in the same period last year. Excluding stock-based compensation expense, among other items, the Costa Mesa, Calif. -based provider of professional services posted per-share earnings of 36 cents. Revenue rose 16% to $182.8 million from $158.1 million. Analysts polled by Thomson First Call had expected per-share earnings of 27 cents, on revenue of $177 million.
SciClone Pharmaceuticals Inc. (NASDAQ:SCLN - News) and Sigma-Tau said that a large phase 2 trial treating patients with stage IV malignant melanoma, showed positive interim survival data. Data from the first four arms of this ongoing five-arm trial showed that the addition of 3.2 mg of ZADAXIN to standard dacarbazine chemotherapy increased the median survival to 10.2 months, the companies said.
Shuffle Master (NASDAQ:SHFL - News) reported fiscal fourth-quarter net earnings of $4.9 million, or 14 cents share, down from $8.2 million and 23 cents a year ago. Revenue rose 39% to $46.1 million. The per-share profit figure includes 7 cents of charges and 3 cents for stock-option expensing; the average estimate of analysts polled by Thomson First Call had been for Shuffle Master to earn 19 cents a share on revenue of $44 million. Shares ended the day down slightly at $26.22 but jumped more than 5% in after-hours action.
Toyota Motor Corp. (NYSE:TM - News) said it expects 2007 world-wide sales will rise 6% to 9.3 million autos. The company expects world-wide sales of its Toyota brand autos to rise 6% to 8.4 million units. Toyota forecast combined overseas sales for its Toyota, Daihatsu and Hino brands will grow 8% to 6.9 million autos, and combined sales in Japan to rise 1% to 2.4 million units.
Walgreen Co. (NYSE:WAG - News) said first-quarter income rose 25% to $432 million, or 43 cents a share, from $346 million, or 34 cents, a year ago. Sales for the three months ended Nov. 30 gained 17% to $12.71 billion from $10.9 billion, while same-store sales, or sales at stores open at least a year, rose 9.7%. Analysts, on average, forecast earnings of 41 cents a share on sales of $12.55 billion.
Wet Seal Inc. (NASDAQ:WTSLA - News) said a secondary offering of 16 million Class A common shares was priced $6 each. The Foothill Ranch, Calif., specialty retailer said the shares are being sold by affiliates of Prentice Capital Management LP, Capital Associates LLC and GMM Capital LLC. The offering's underwriters received an over-allotment option to buy up to 2.4 million shares.
-MarketWatch

Labels: APN, ASYS, CBT, EP, EXEL, HTX, KAR, LNG, MU, NC, PNCL, RHT, RIMM, SCLN, SHFL, TM, VOD, WAG

Here are 7 stocks for traders for Friday from TradingMarkets.com:
Micron (NYSE:MU - News) beat earnings on Thursday afternoon; MU announced $0.25 EPS over a consensus of $0.21 EPS. MU's PowerRating is 5.
Red Hat (NYSE:RHT - News) beat earnings on Thursday after the close, announcing $0.14 EPS over an estimated $0.12 EPS. RHT's PowerRating is 3.
Shuffle Master (NASDAQ:SHFL - News) beat earnings after the bell Thursday, with $0.21 EPS over an expected $0.19 EPS. SHFL's PowerRating is 6.
Resources Connect (NASDAQ:RECN - News) beat earnings on Thursday with $0.29 EPS over an estimate of $0.27 EPS. RECN's PowerRating is 5.
Research in Motion (NASDAQ:RIMM - News) matched earnings on Thursday afternoon with $0.93 EPS. RIMM's PowerRating is 5.
Solectron (NYSE:SLR - News) matched earnings after the close with $0.05 EPS. SLR's PowerRating is 5.
Walgreen (NYSE:WAG - News) announces earnings on Friday before the open; look for $0.41 EPS. WAG's PowerRating is 3.
PowerRatings are courtesy of PowerRatings.net

Labels: Hot Stocks, MU, RECN, RHT, RIMM, SHFL, SLR, WAG