Can These 4 Stocks Put the Dow in Positive Territory for Week?
The Dow (NYSE:DIA) slipped 79 points Monday, as gold (NYSE:GLD) and silver (NYSE:SLV) continued higher in their quest for the moon. The VIX (NYSE:VXX) also proved that volatility is back after gaining over 8%.
These 4 companies reported earnings after the bell on Monday. Should you trade these stocks Tuesday?
1) Sun Hydraulic (NASDAQ:SNHY): Shares of this hydraulic manufacturer and designer are hotter than the sun as the stock gains 14% in late trading. The company reported earnings of 37 cents per share, which beat analysts estimates of 36 cents per share. Revenue also rose 51% when compared to the same period last year.
2) Chesapeake Utilities (NYSE:CPK): The company reported fourth quarter net income of $7.1 million (74 cents per share), compared to $6.2 million (71 cents per share) last year. It was also a record year for the company. In 2010, net income set a record high of $26.1 million.
3) CVD Equipment (NASDAQ:CVV): Shares jumped 5.32% as the company reported fourth quarter results after the bell. The company earned $375k (8 cents per share). The company boasts an impressive gross profit margin of 41.6% for the fourth quarter.
4) Full House Resorts (AMEX:FLL): The gaming company is enjoying a nice 2.28% gain in after hour trading. The company reported earnings of 11 cents per share, which beat analysts estimates by 2 cents per share. At the end of 2010, the company appears to be very liquid. The company reported a cash position of $13.3 million with no outstanding debt.
Disclosure: No positions