4 Super Hot Stocks: AMR Flies Lower, St. Jude Pops 2.8%, BNY Up 1.4%, and Visa Down After Dividend Increase

AMR Corporation (NYSE:AMR) is trading nearly 8% lower at the open.  The company reported a third-quarter loss of $162 million (48 cents per share).  A 40% increase in fuel costs and exchange rates played a role.  Southwest Airlines (NYSE:LUV) and JetBlue Airways (NASDAQ:JBLU) are also trading lower.

St. Jude Medical Inc. (NYSE:STJ) is up 2.8% this morning after reporting third quarter results.   Net income for St. Jude Medical Inc. rose to $226.5 million (69 cents per share) vs. $208.4 million (63 cents per share) in the same quarter a year earlier. This marks a rise of 8.7% from the year earlier quarter.  Other medical plays include Boston Scientific Corp (NYSE:BSX) and Johnson & Johnson (NYSE:JNJ).

Shares of The Bank of NY Mellon (NYSE:BK) are popping 1.4% after announcing a 4.7% rise in net income.  Net income for the financial services company rose to $651 million (53 cents per share) vs. $622 million (51 cents per share) in the same quarter a year earlier.  The company competes with State Street (NYSE:STT), which is also trading higher on strong earnings.

Visa (NYSE:V) is down 1.3% after increasing its dividend by 47%.  It is the third consecutive year in which Visa has increased its dividend.  The stock now yields a dividend close to 1%.  Some major credit card issuers recently posted increases in the number of credit card payments that were at least 30 days late in September, following a steady decline in delinquency rates since early 2009.  Other credit card investment plays include American Express (NYSE:AXP), Capital One (NYSE:COF), and Mastercard (NYSE:MA).

More from The Cheat Sheet