Facebook’s New Policy Worries Privacy Groups and 2 Other Hot Stocks to Watch
Facebook Inc. (NASDAQ:FB): Current price $42.37
Groupon Inc. (NASDAQ:GRPN): Current price $10.79
Thursday morning, Groupon shares have moved up over 6 percent in very heavy trading after the stock was raised to Overweight, or Buy, at Morgan Stanley. Analyst Scott Devitt wrote in a note that,”The turnaround in North America from the introduction of the deal bank and strength in mobile give us increasing confidence that Groupon can stage a turnaround in EMEA and execute against its sizable market opportunity.” Thus far in 2013, Groupon shares are up by 126 percent.
Cisco Sytems Inc. (NASDAQ: CSCO): Current price $23.58
On September 18, Cisco will host a conference call at 11:00 a.m. Eastern Time with Oppenheimer to talk about its Services business. Cisco Senior Vice President, Worldwide Services Field Operations, Nick Earle will give an overview of Cisco’s Services business model, strategy, and long-term growth opportunities.