I have a list of companies that might be worth taking a look at today. Since, I am mainly a penny stock site, I have put the lower-priced issues at the top and the others below. My comments are highlighted and I have included charts (where appropriate)
Don’t forget to sign up for my penny stock alert emails. I send out my analysis on stocks that are about to move. So much of a trader’s time is spent trying to find stocks that move and I “put them on a plate for you”. My track record is impressive and I love helping you make profits. Click on this link to go to my signup page.
My penny stocks:
Mediacom Communications Corp. (NASDAQ: MCCC) is up 15.20% to $6.14. The company has announced that it has received a going private proposal at $6 per share from its CEO. (NASDAQ:MCCC), (MCCC)
Not much to do here. With a $6 buyout bid from a guy who already owns 87% of the company, it seems like there is no play here. If the deal craters, then look for a crash. With the company’s legal problems, however, that could happen.
Allied Irish Banks plc. (ADR) (NYSE: AIB) is down 3.03% to $2.56. Societe Generale has upgraded Allied Irish Banks to “Buy” from “Hold,” and raised its target price to €1.60 from €1.35. (NYSE:AIB), (AIB)
AIB was one of April’s stock success stories and it has made a very attractive pullback. With Societe Generale’s upgrade, you would expect the stock to spike. Maybe nobody cares about Societe! Whatever the reason….I think that you should watch AIB closely.
Everything else:
Covidien plc (NYSE: COV) is down 2.36% to $41.39 following the company’s announcement to buy ev3 (NASDAQ: EVVV) for $2.6 billion. (NYSE:COV), (COV)
Ryanair Holdings plc (ADR) (NASDAQ: RYAAY) is up 7.14% to $25.22. The company is planning a special dividend for October 2010. (NASDAQ:RYAAY), (RYAAY)
Hewlett-Packard Company (NYSE: HPQ) is up 0.13% to $46.07. The company has said it will invest $1 billion in the next generation of its Enterprises Services business and will cut 9,000 jobs over a multiyear period. (NYSE:HPQ), (HPQ)
Halliburton Company (NYSE: HAL) is down 12.16% to $21.81 after removal from Goldman Sachs conviction buy list. (NYSE:HAL), (HAL)
Caterpillar Inc. (NYSE: CAT) is down 0.05% to $60.73. Caterpillar’s wholly-owned subsidiary, Progress Rail Services, has agreed to purchase Electro-Motive Diesel (EMD) for $820 million in cash, expanding its presence in the global rail industry. (NYSE:CAT), (CAT)
AOL Inc. (NYSE: AOL) is up 1.75% to $20.99. The company was raised to Buy from Hold at Benchmark Co., with price target set at $25. (NYSE:AOL), (AOL)
Genzyme Corp. (NASDAQ: GENZ) is up 0.99% to $49.13 following an upgrade from J.P. Morgan. (NASDAQ:GENZ), (GENZ)
RadioShack Corp. (NYSE: RSH) is up 4.75% to $21.41. Private equity firm Blackstone has emerged as a leading bidder for RadioShack, the New York Post reported, citing unnamed people familiar with the matter. (NYSE:RSH), (RSH)
————————————————————————————————————————————————————————————
<!– /* Font Definitions */ @font-face {font-family:”Cambria Math”; panose-1:2 4 5 3 5 4 6 3 2 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:-1610611985 1107304683 0 0 159 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-unhide:no; mso-style-qformat:yes; mso-style-parent:”"; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:”Times New Roman”,”serif”; mso-fareast-font-family:”Times New Roman”;} p.MsoNoSpacing, li.MsoNoSpacing, div.MsoNoSpacing {mso-style-priority:1; mso-style-unhide:no; mso-style-qformat:yes; mso-style-parent:”"; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:”Times New Roman”,”serif”; mso-fareast-font-family:”Times New Roman”;} .MsoChpDefault {mso-style-type:export-only; mso-default-props:yes; font-size:10.0pt; mso-ansi-font-size:10.0pt; mso-bidi-font-size:10.0pt;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} –>
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.