Stock Analysis Recap: Here’s Why These Stocks Were Heavily Traded This Week
Here are the hottest stocks of the week from April 18th to April 22.
American Express Company (NYSE:AXP): Shares of American Express Company closed up today. American Express Company is a global payment and travel company. The Company’s principal products and services are charge and credit payment card products and travel-related services offered to consumers and businesses around the world. American Express Earnings: You Could Leave Home Without Them>>
UnitedHealth Group Inc. (NYSE:UNH): Shares of UnitedHealth Group closed higher today. UnitedHealth Group Incorporated owns and manages organized health systems in the United States and internationally. The Company provides employers products and resources to plan and administer employee benefit programs. UnitedHealth also serves the health needs of older Americans, provides specialized care services, and provides health care information and research to providers and payers. United Health Earnings Cheat Sheet: Shares Fly Higher 8% on Healthcare Optimism>>
QUALCOMM, Inc. (NASDAQ:QCOM): Shares of QUALCOMM are trading higher today. QUALCOMM, Inc. develops and manufactures digital wireless communications equipment. The Company licenses its Code Division Multiple Access (CDMA) intellectual property to other companies, and produces CDMA-based integrated circuits; equipment and software used to track workers and assets; software for wireless content enablement; and offers services to deliver multimedia content. QUALCOMM Earnings Cheat Sheet: Steaming Quarter Yields Stock Buying>>
Biogen Idec Inc. (NASDAQ:BIIB): Shares of Biogen Idec closed higher today. Biogen Idec Inc. develops, manufactures, and commercializes therapies, focusing on neurology, oncology, and immunology. The Company’s products addresses diseases such as multiple sclerosis, non-Hodgkin’s lymphoma, rheumatoid arthritis, crohn’s disease, and psoriasis. Biogen Idec Earnings Cheat Sheet: Shares Pop 17% on Positive Quarter>>
Goodrich Corp. (NYSE:GR): Shares of Goodrich closed higher today. Goodrich Corporation supplies aerospace components, systems, and services to customers located worldwide. The Company manufactures various aerostructures, aircraft evacuation systems, passenger restraint systems, sensor systems, pump and engine controls, de-icing systems, and other products. Goodrich serves the commercial, military, general aviation, and space industries.
New York Times (NYSE:NYT): Shares of New York Times closed lower today. The New York Times Company, a diversified media company, conducts operations in newspapers, magazines, television and radio stations, and electronic information and publishing. The Company’s publications include “The New York Times,” “The Boston Globe,” and the “International Herald Tribune.”. New York Times also holds interests in a newsprint mill and a paper mill.
Xerox (NYSE:XRX): Shares of Xerox closed lower today. Xerox Corporation develops, manufactures, markets, services, and finances a range of document processing products and services for use in offices around the world. The Company also, through subsidiaries, provides network management, consulting, design, and integration services for medium and large companies. Xerox Earnings Cheat Sheet: Sales Stronger 20% Year Over Year>>
Bard Inc (NYSE:BCR): Shares of Bard Inc closed higher today. C. R. Bard, Inc. designs, manufactures, packages, distributes, and sells medical, surgical, diagnostic, and patient care devices. The Company sells a broad range of products worldwide to hospitals, individual healthcare professionals, extended care facilities and alternate site facilities. Bard markets vascular, urological, oncological, and surgical specialties products.
McDonald’s (NYSE:MCD): Shares of McDonald’s closed lower today. McDonald’s Corporation operates and franchises fast-food restaurants worldwide. The Company’s franchised and company operated fast food restaurants offer a variety of low price fast foods in locations around the world. McDonald’s Corporation Earnings: Inflation Pushes Costs Higher, Margins Lower>>
Fifth Third Bank (NASDAQ:FITB): Shares of Fifth Third Bank closed lower today. Fifth Third Bancorp is a diversified financial services company that operates banking centers in the Midwestern and Southeastern regions of the United States. The Company’s principal businesses include retail banking, commercial banking, investment advisory, and data processing.
Polaris Industries, Inc. (NYSE:PII): Polaris reported W1 earnings of $1.34 per share vs expectations of 70 cents. Revenue climbed 49% to $537 million. About the company: Polaris Industries, Inc. designs, engineers, and manufactures snowmobiles, all terrain vehicles, motorcycles, and personal watercraft. The Company markets its products, together with related replacement parts, garments, and accessories through dealers and distributors located in the United States, Canada, and Europe.
Doral Financial Corp. (NYSE:DRL): Doral’s stock is up almost 35% to $1.38 as it reported a profit in the first quarter. About the company: Doral Financial Corp. is a diversified financial holding company with mortgage banking operations in Puerto Rico. The Company owns Doral Bank P.R., a commercial bank in Puerto Rico and Doral Bank – FSB, a thrift in New York. In Puerto Rico, it is also involved in the insurance and broker dealer business through its subsidiaries Doral Insurance and Doral Securities.
DPL, Inc. (NYSE:DPL): Shares of DPL have increased significantly in today’s trading after announcing that it has agreed to be acquired by AES Corporation(NYSE:AES) for $30 per share. Shares are presently trading at $30.03, and have a 52-week range of $23.73 to $30.04. Law firms have already announced their intention to investigate this acquisition, partially on the question of whether DPL, Inc. negotiated a sufficient premium for its acquisition by AES. DPL Inc. is a holding company whose principal subsidiary is The Dayton Power and Light Company. Dayton Power & Light sells electricity to residential, commercial, and government customers in west central Ohio.
VMWare, Inc. (NYSE:VMW): Shares of this company are up more than 10% today on news that the company reported earnings of 48 cents a share in the first quarter, easily beating consensus estimates of $0.42 per share. Revenue increased 33% to $843 million, beating the estimate of $814 million. Other cloud computing stocks such as Juniper Networks (NYSE:JNPR), Salesforce.com (NYSE:CRM), F5 Networks (NASDAQ:FFIV), and Aruba Networks (NASDAQ:ARUN) are also trading higher. VMWare, Inc. provides virtualization solutions from the desktop to the data center. The Company’s solution products address a range of IT problems, which includes cost and operational inefficiencies, business continuity software lifecycle management and desktop management.
Wells Fargo & Company (NYSE:WFC): Despite reporting earning of $0.67 per share, which was a penny above estimates, the shares are trading down about 5% today on unusually high volume. Revenue dropped 5% to $20 billion below estimates of $21 billion.Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage, leasing, credit cards, and consumer finance. The Company operates through physical stores, the Internet and other distribution channels across North America and elsewhere internationally.
International Business Machines Corp. (NYSE:IBM): This stock is trading flat today. Analysts have revised their price targets for the stock: Goldman Sachs(NYSE:GS) raised its price target to $160 from $155, Citigroup (NYSE:C) raised its price target to $190 from $175, and JP Morgan (NYSE:JPM) raised its price target to $176 from $166. About the company: International Business Machines Corporation provides computer solutions through the use of advanced information technology. The Company’s solutions include technologies, systems, products, services, software, and financing. IBM offers its products through its global sales and distribution organization, as well as through a variety of third party distributors and resellers.
Yahoo! Inc. (NASDAQ:YHOO): Piper Jaffray (NYSE:PJC) raised its price target on the shares from $20 to $22 after the company reported its earnings. About the company: Yahoo! Inc. is a global Internet media company that offers an online guide to Web navigation, aggregated information content, communication services, and commerce. The Company’s site includes a hierarchical,, subject-based directory of Web sites, which enables users to locate and access information and services through hypertext links included in the directory.
United Technologies Corporation (NYSE:UTX): Zacks Investment Research raised their price target on the stock to $88, and Oppenheimer & Co (NYSE:OPY) analysts have raised their price target to $94 from $83. The company reported earnings per share of $1.13, beating the consensus estimate of $1.07 by $0.06.Revenue was up 10.8% quarter-over-quarter, and analysts forecast that the company will earn $1.36 per share next year. United Technologies Corporation provides technology products and support services to customers in the aerospace and building industries worldwide. The Company’s products include aircraft engines, elevators and escalators, heating and air conditioning equipment, helicopters, aerospace systems, fuel cell systems, and fire and safety equipment.
Intel Corporation (NASDAQ:INTC): Intel traded higher after it reported better-than-expected earnings. About the company: Intel Corporation designs, manufactures, and sells computer components and related products. The Company’s major products include micrprocessors, chipsets, embedded processors and microcontrollers, flash memory products, graphics products, network and communications products, systems management software, conferencing products, and digital imaging products.
Blackboard Inc. (NASDAQ:BBBB): Bank of America Merrill Lynch (NYSE:BAC) downgraded its rating on this stock from “buy” to “underperform.” They have a $48 price target on the stock. Blackboard Inc. provides electronic learning Internet infrastructure software. The Company’s product line is bundled in two suites, the Blackboard Academic Suite and the Blackboard Commerce Suite. The company licenses these products on a renewable basis. Blackboard, Inc. serves in US and international postsecondary education market and the US elementary and secondary market.
Goldman Sachs Group, Inc. (NYSE:GS): Shares of Goldman Sachs Group are trading lower today. The Goldman Sachs Group, Inc., a bank holding company, is a global investment banking and securities firm specializing in investment banking, trading and principal investments, asset management and securities services. The Company provides services to corporations, financial institutions, governments, and high-net worth individuals. Goldman Sachs Earnings: Warren Buffett Extracts Pound of Flesh>>
Insmed Incorporated (NASDAQ:INSM): Shares are up over 2% to $9.35 per share. The stock kicked off April at $6.71 per share, up 39% over the course of the month and continuing higher. Is Merck (NYSE:MRK) still watching INSM as a potential acquisition target, or are other healthcare companies now potentially watching this stock too? Insmed, Inc. is a biopharmaceutical company. The Company develops and commercializes drugs that treat metabolic diseases, endocrine disorders and oncology. Insmed offers products for the treatment of Type 1 and 2 diabetes, polycystic ovary syndrome, and osteoporotic hip fracture.
Millicom International Cellular SA (NASDAQ:MICC): Shares of Millicom International Cellular SA are trading higher today. Millicom International Cellular S.A. develops and operates cellular telephone systems worldwide. The Company has interests in cellular systems primarily in emerging markets in Asia, Latin America, Europe, and Africa. Millicom Earnings Cheat Sheet: Profit Pops 48% As Revenues Climb 19.5%>>
Amarin Corporation plc (NASDAQ:AMRN): Shares of Amarin plc are trading lower today. Amarin Corporation PLC is a clinical-stage biopharmaceutical company. The Company researches, develops, and commercializes drugs for the treatment of hypertriglyceridemia, central nervous system disorders, and cardiovascular diseases.
Zions Bancorporation (NASDAQ:ZION): Shares of Zions Bancorporation are trading higher today. Zions Bancorporation is a bank holding company that operates full-service banking offices in western United States. The Company also offers an array of investment, mortgage, insurance, and electronic commerce services. In addition, Zions provides financing solutions for small businesses across the United States.
Comerica (NYSE:CMA): Shares of Comerica are trading lower today. Comerica Incorporated is the holding company for business, individual, and investment banks with operations in the United States, Canada, and Mexico. The Company’s subsidiaries provide services such as corporate banking, international finance, treasury management, community banking, private banking, small business and individual lending, investment services, and institutional trust. Comerica Earnings: Loan Growth and Lower Costs Lead to Win>>
Harley-Davidson, Inc. (NYSE:HOG): Shares of Harley-Davidson are trading lower today. Harley-Davidson, Inc. designs, manufactures, and sells motorcycles. The Company’s products include heavyweight touring, custom, and performance motorcycles, as well as a line of motorcycle parts, accessories, and general merchandise. Harley-Davidson also provides motorcycle floor planning and parts and accessories financing to its North American and European dealers. Harley-Davidson Earnings Cheat Sheet: Shareholders Unhappy With Latest Results>>
Johnson and Johnson (NYSE:JNJ): Shares of Johnson and Johnson are trading higher today. Johnson & Johnson manufactures health care products and provides related services for the consumer, pharmaceutical, and medical devices and diagnostics markets. The Company sells products such as skin and hair care products, acetaminophen products, pharmaceuticals, diagnostic equipment, and surgical equipment in countries located around the world. Johnson & Johnson Earnings: The Family Company Regroups>>
Northern Trust (NASDAQ:NTRS): Shares of Northern Trust are trading lower today.Northern Trust Corporation is a financial holding company that provides investment management, asset and fund administration, fiduciary, and banking solutions for corporations, institutions, and affluent individuals. Northern trusts banking operations are its primary operations. Northern Trust Corporation Earnings: Not What Investors Expected>>
Crane Co. (NYSE:CR): Shares of Crane Co. are trading higher today. Crane Co. manufactures engineered industrial products. The Company’s products include vending machines, airplane braking devices, pumps, valves, and other industrial goods. Crane serves the aerospace manufacturing, power generation, hydrocarbon processing, commercial and residential building, plumbing, and food and beverage production industries.