4 Stocks Generating Attractive Demand on First Day of Earnings Season
As the DJIA cools and remains flat today at 11,418 and the S&P 500 sits at 1,195, we’re sharing the most buzzworthy stocks illuminating trading terminals on the first days of earnings season:
- Citigroup Inc. (NYSE:C): Shares of Citigroup Inc. are trading higher over 5% today after UBS released a bullish note on the bank’s shares, citing the recent downturn is not a long-term negative for the undervalued stock. Citigroup Inc. is a diversified financial services holding company that provides a broad range of financial services to consumer and corporate customers around the world. The Company’s services include investment banking, retail brokerage, corporate banking, and cash management products and services. Competitors to Watch: Bank of America Corp. (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM), Wells Fargo & Company (NYSE:WFC), Morgan Stanley (NYSE:MS), Barclays PLC (NYSE:BCS), Goldman Sachs Group, Inc. (NYSE:GS), U.S. Bancorp (NYSE:USB), UBS AG (NYSE:UBS), Deutsche Bank AG (NYSE:DB), and Royal Bank of Scotland Group plc (NYSE:RBS).
- Netflix Inc. (NASDAQ:NFLX): Shares of Netflix Inc. are trading lower over 2% today following yesterday’s axe on the Qwikster initiative. Investors believe the company needs to do some brand repairing before the stock can garner the upside momentum once achieved. Netflix Inc. is an online movie rental service. The Company ships DVDs with no due dates or late fees, directly to the subscriber’s address. Netflix also provides background information on DVD releases, including critic reviews, member reviews and ratings, and personalized movie recommendations. Competitors to Watch: Coinstar, Inc. (NASDAQ:CSTR), DISH Network Corp. (NASDAQ:DISH), Comcast Corporation (NASDAQ:CMCSA), Time Warner Inc. (NYSE:TWX), The Walt Disney Company (NYSE:DIS), Apple Inc. (NASDAQ:AAPL), Amazon.com, Inc. (NASDAQ:AMZN), Cablevision (NYSE:CVS), Google Inc. (NASDAQ:GOOG), DirecTV (NASDAQ:DTV), CBS (NYSE:CBS), TiVo (NASDAQ:TIVO), AT&T (NYSE:T), Verizon (NYSE:VZ), Sprint (NYSE:S) and Time Warner Cable Inc. (NYSE:TWC).
- First Solar, Inc. (NASDAQ:FSLR): Shares of First Solar are trading lower over 6% today. The Solyndra shakeout and battle with the government is still depressing solar stocks. First Solar, Inc. designs and manufactures solar modules. The Company uses a thin film semiconductor technology to manufacture electricity-producing solar modules. Competitors to Watch: SunPower Corporation (NASDAQ:SPWRA), Suntech Power Hldgs. Co., Ltd. (NYSE:STP), Trina Solar Limited (NYSE:TSL), General Electric Company (NYSE:GE), Yingli Green Energy Hold. Co. Ltd. (NYSE:YGE), MEMC Electronic Materials, Inc. (NYSE:WFR), Evergreen Solar, Inc. (NASDAQ:ESLR), Energy Conversion Devices, Inc. (NASDAQ:ENER), DayStar Technologies Inc. (NASDAQ:DSTI), and Ascent Solar Tech., Inc. (NASDAQ:ASTI).
- BigBand Networks (NASDAQ:BBND): Shares are shooting higher 74% today following the announcement Arris will acquire the company for $2.24 per share in cash. BigBand Networks designs, manufactures, and sells platforms for broadband multimedia services. The Company develops routers that integrate video, audio, and data in their native formats for use by digital cable providers. Competitors to Watch: Cisco Systems (NASDAQ:CSCO), Hewlett-Packard Company (NYSE:HPQ), Juniper Networks, Inc. (NYSE:JNPR), Alcatel-Lucent (NYSE:ALU), Microsoft Corporation (NASDAQ:MSFT), Intl. Business Machines Corp. (NYSE:IBM), Extreme Networks, Inc (NASDAQ:EXTR), Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC), Motorola Mobility Hldgs. Inc (NYSE:MMI), NetGear, Inc. (NASDAQ:NTGR), and ADTRAN, Inc. (NASDAQ:ADTN)
(Note: Selected financial data are sourced from Google Finance. All data are assumed to be accurate.)