Tuesday, May 31, 2011

Stocks at 52 Week Highs: (GLNG), (VECO), (TNH), (CRS), (WRE)

Stocks hitting new 52 week highs on May 31 are Golar LNG Ltd., Veeco Instruments Inc., Terra Nitrogen Company, L.P., Carpenter Technology Corp., and Washington Real Estate Investment Trust. Investors are buying the stock and pushing it higher because they may think that the stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.

Shares of Golar LNG Ltd. (GLNG) fell by 1.24% to $31.86. In the past year, the shares have traded as low as $9.12 and as high as $32.99. On average, 800150 shares of GLNG exchange hands on a given day and today's volume is recorded at 1351744. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $78.27 represents resistance and the 50-day moving average of $13.58 would be an area of support.

Shares of Veeco Instruments Inc. (VECO) traded higher by 4.58% to $57.59. In the past year, the shares have traded as low as $29.54 and as high as $56.19. On average, 1166510 shares of VECO exchange hands on a given day and today's volume is recorded at 1321244. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $30.73 area.

Shares of Terra Nitrogen Company, L.P. (TNH) traded higher by 1.68% to $126.8. In the past year, the shares have traded as low as $60.59 and as high as $125.40. On average, 34670 shares of TNH exchange hands on a given day and today's volume is recorded at 47626. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $24.35 area.

Shares of Carpenter Technology Corp. (CRS) traded higher by 1.15% to $52.57. In the past year, the shares have traded as low as $29.66 and as high as $53.23. On average, 441560 shares of CRS exchange hands on a given day and today's volume is recorded at 471826. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $32.03 area.

Shares of Washington Real Estate Investment Trust (WRE) traded higher by 1.68% to $34.53. In the past year, the shares have traded as low as $25.21 and as high as $34.07. On average, 482310 shares of WRE exchange hands on a given day and today's volume is recorded at 847977. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $12.60 area.

Making New Highs: (BJRI), (AFSI), (ZOLL), (FCFS), (EGP)

Stocks hitting new 52 week highs on May 31 are BJ's Restaurants, Inc., AmTrust Financial Services, Inc., ZOLL Medical Corp., First Cash Financial Services Inc., and EastGroup Properties Inc.. Investors are buying the stock and pushing it higher because they may think that the stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.

Shares of BJ's Restaurants, Inc. (BJRI) traded higher by 2.03% to $51.23. In the past year, the shares have traded as low as $21.11 and as high as $50.85. On average, 279790 shares of BJRI exchange hands on a given day and today's volume is recorded at 538873. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $43.46 area.

Shares of AmTrust Financial Services, Inc. (AFSI) traded higher by 2.3% to $22.73. In the past year, the shares have traded as low as $11.46 and as high as $22.37. On average, 152750 shares of AFSI exchange hands on a given day and today's volume is recorded at 501112. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $32.76 represents resistance and the 50-day moving average of $17.24 would be an area of support.

Shares of ZOLL Medical Corp. (ZOLL) traded higher by 3.24% to $60.81. In the past year, the shares have traded as low as $23.07 and as high as $60.64. On average, 205800 shares of ZOLL exchange hands on a given day and today's volume is recorded at 323325. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $51.92 area.

Shares of First Cash Financial Services Inc. (FCFS) traded higher by 4.53% to $41.75. In the past year, the shares have traded as low as $20.48 and as high as $40.13. On average, 186960 shares of FCFS exchange hands on a given day and today's volume is recorded at 582608. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $31.28 area.

Shares of EastGroup Properties Inc. (EGP) traded higher by 1.67% to $46.91. In the past year, the shares have traded as low as $31.89 and as high as $46.41. On average, 118600 shares of EGP exchange hands on a given day and today's volume is recorded at 309195. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $14.70 area.

Making New Highs: (HAIN), (CSH), (WPC), (PNM), (POL)

Stocks hitting new 52 week highs on May 31 are The Hain Celestial Group, Inc., Cash America International, Inc., W. P. Carey & Co. LLC, PNM Resources, Inc., and PolyOne Corporation. Investors are buying the stock and pushing it higher because they may think that the stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.

Shares of The Hain Celestial Group, Inc. (HAIN) fell by 0.58% to $35.76. In the past year, the shares have traded as low as $19.20 and as high as $36.74. On average, 334490 shares of HAIN exchange hands on a given day and today's volume is recorded at 1206057. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $28.53 area.

Shares of Cash America International, Inc. (CSH) traded higher by 3.17% to $52.06. In the past year, the shares have traded as low as $29.92 and as high as $50.69. On average, 240390 shares of CSH exchange hands on a given day and today's volume is recorded at 311908. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $32.72 area.

Shares of W. P. Carey & Co. LLC (WPC) traded higher by 1.59% to $38.34. In the past year, the shares have traded as low as $24.92 and as high as $37.99. On average, 47040 shares of WPC exchange hands on a given day and today's volume is recorded at 165287. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $22.32 area.

Shares of PNM Resources, Inc. (PNM) traded higher by 0.92% to $16.53. In the past year, the shares have traded as low as $10.40 and as high as $16.40. On average, 726700 shares of PNM exchange hands on a given day and today's volume is recorded at 1149484. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $26.79 represents resistance and the 50-day moving average of $9.25 would be an area of support.

Shares of PolyOne Corporation (POL) traded higher by 3.11% to $15.23. In the past year, the shares have traded as low as $7.36 and as high as $15.33. On average, 836050 shares of POL exchange hands on a given day and today's volume is recorded at 1323668. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $17.79 represents resistance and the 50-day moving average of $8.65 would be an area of support.

Higher They Go: (ASR), (MW), (VOLC), (SHOO), (MSTR)

Stocks hitting new 52 week highs on May 31 are Grupo Aeroportuario Del Sureste SA de CV, The Men's Wearhouse, Inc., Volcano Corporation, Steven Madden, Ltd., and MicroStrategy Inc.. Investors are buying the stock and pushing it higher because they may think that the stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.

Shares of Grupo Aeroportuario Del Sureste SA de CV (ASR) fell by 0.81% to $60.11. In the past year, the shares have traded as low as $38.89 and as high as $60.84. On average, 96480 shares of ASR exchange hands on a given day and today's volume is recorded at 126923. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $17.83 area.

Shares of The Men's Wearhouse, Inc. (MW) traded higher by 0.23% to $34.43. In the past year, the shares have traded as low as $17.44 and as high as $34.46. On average, 786900 shares of MW exchange hands on a given day and today's volume is recorded at 1044190. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $32.66 area.

Shares of Volcano Corporation (VOLC) traded higher by 3.05% to $31.43. In the past year, the shares have traded as low as $20.49 and as high as $30.69. On average, 617530 shares of VOLC exchange hands on a given day and today's volume is recorded at 942228. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $20.47 area.

Shares of Steven Madden, Ltd. (SHOO) fell by 2.11% to $55.74. In the past year, the shares have traded as low as $30.04 and as high as $57.02. On average, 260110 shares of SHOO exchange hands on a given day and today's volume is recorded at 602070. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $27.24 area.

Shares of MicroStrategy Inc. (MSTR) traded higher by 0.33% to $146.19. In the past year, the shares have traded as low as $71.29 and as high as $145.84. On average, 105390 shares of MSTR exchange hands on a given day and today's volume is recorded at 194699. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $41.85 area.

Higher They Go: (SAPE), (ABVT), (CROX), (VCO), (CVLT)

Stocks hitting new 52 week highs on May 31 are Sapient Corp., AboveNet, Inc., CROCS Inc., Vina Concha y Toro S.A., and CommVault Systems, Inc.. Investors are buying the stock and pushing it higher because they may think that the stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.

Shares of Sapient Corp. (SAPE) traded higher by 1.17% to $14.69. In the past year, the shares have traded as low as $9.71 and as high as $14.78. On average, 1155130 shares of SAPE exchange hands on a given day and today's volume is recorded at 989585. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momemtum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $16.19 area but be careful because the stock may face selling pressure at this level.

Shares of AboveNet, Inc. (ABVT) traded higher by 3.53% to $78.07. In the past year, the shares have traded as low as $41.12 and as high as $76.39. On average, 150850 shares of ABVT exchange hands on a given day and today's volume is recorded at 858911. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $30.92 area.

Shares of CROCS Inc. (CROX) fell by 0.61% to $22.73. In the past year, the shares have traded as low as $9.21 and as high as $23.00. On average, 2174170 shares of CROX exchange hands on a given day and today's volume is recorded at 1867074. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $36.63 represents resistance and the 50-day moving average of $15.08 would be an area of support.

Shares of Vina Concha y Toro S.A. (VCO) traded higher by 4.14% to $52.6. In the past year, the shares have traded as low as $37.54 and as high as $52.18. On average, 4130 shares of VCO exchange hands on a given day and today's volume is recorded at 10985. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $11.96 area.

Shares of CommVault Systems, Inc. (CVLT) traded higher by 0.51% to $41.34. In the past year, the shares have traded as low as $17.25 and as high as $41.19. On average, 479820 shares of CVLT exchange hands on a given day and today's volume is recorded at 1032406. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $30.09 area.

Reaching for the Stars: (DAR), (DSW), (SGEN), (SIX), (GLBC)

Stocks hitting new 52 week highs on May 31 are Darling International Inc., DSW Inc., Seattle Genetics Inc., Six Flags Entertainment Corp., and Global Crossing Ltd.. Investors are buying the stock and pushing it higher because they may think that the stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.

Shares of Darling International Inc. (DAR) traded higher by 0.68% to $19.15. In the past year, the shares have traded as low as $7.00 and as high as $19.10. On average, 1182490 shares of DAR exchange hands on a given day and today's volume is recorded at 1724724. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momemtum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $20.95 area but be careful because the stock may face selling pressure at this level.

Shares of DSW Inc. (DSW) fell by 2.3% to $50.15. In the past year, the shares have traded as low as $20.96 and as high as $51.69. On average, 567910 shares of DSW exchange hands on a given day and today's volume is recorded at 892957. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $36.82 area.

Shares of Seattle Genetics Inc. (SGEN) fell by 0.77% to $19.37. In the past year, the shares have traded as low as $11.27 and as high as $19.59. On average, 1085220 shares of SGEN exchange hands on a given day and today's volume is recorded at 1849563. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $27.07 represents resistance and the 50-day moving average of $17.46 would be an area of support.

Shares of Six Flags Entertainment Corp. (SIX) traded higher by 4.11% to $79.7. In the past year, the shares have traded as low as $31.76 and as high as $79.42. On average, 135970 shares of SIX exchange hands on a given day and today's volume is recorded at 605839. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $39.66 area.

Shares of Global Crossing Ltd. (GLBC) fell by 1.69% to $34.84. In the past year, the shares have traded as low as $10.09 and as high as $35.51. On average, 822200 shares of GLBC exchange hands on a given day and today's volume is recorded at 1151025. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momemtum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $52.78 area but be careful because the stock may face selling pressure at this level.

Stocks at 52 Week Highs: (CNK), (ZBRA), (NUS), (DTG), (IMAX)

Stocks hitting new 52 week highs on May 31 are Cinemark Holdings Inc., Zebra Technologies Corp., Nu Skin Enterprises Inc., Dollar Thrifty Automotive Group Inc., and IMAX Corporation. Investors are buying the stock and pushing it higher because they may think that the stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.

Shares of Cinemark Holdings Inc. (CNK) remained unchanged at $21.75. In the past year, the shares have traded as low as $12.30 and as high as $21.92. On average, 994750 shares of CNK exchange hands on a given day and today's volume is recorded at 1438603. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $21.56 area.

Shares of Zebra Technologies Corp. (ZBRA) traded higher by 2.8% to $44.45. In the past year, the shares have traded as low as $24.14 and as high as $43.49. On average, 270500 shares of ZBRA exchange hands on a given day and today's volume is recorded at 436966. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $20.67 area.

Shares of Nu Skin Enterprises Inc. (NUS) traded higher by 3.03% to $39.09. In the past year, the shares have traded as low as $23.17 and as high as $38.60. On average, 850100 shares of NUS exchange hands on a given day and today's volume is recorded at 1424278. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $28.38 area.

Shares of Dollar Thrifty Automotive Group Inc. (DTG) traded higher by 0.06% to $82.95. In the past year, the shares have traded as low as $40.53 and as high as $83.28. On average, 658120 shares of DTG exchange hands on a given day and today's volume is recorded at 514919. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $51.97 area.

Shares of IMAX Corporation (IMAX) traded higher by 1.2% to $37.21. In the past year, the shares have traded as low as $12.10 and as high as $37.13. On average, 886350 shares of IMAX exchange hands on a given day and today's volume is recorded at 1255408. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $47.95 represents resistance and the 50-day moving average of $13.57 would be an area of support.

Inching Ever Higher: (KAR), (BMR), (QLIK), (ASNA), (DF)

Stocks hitting new 52 week highs on May 31 are KAR Auction Services, Inc., BioMed Realty Trust Inc., Qlik Technologies, Inc., ascena retail group inc., and Dean Foods Co.. Investors are buying the stock and pushing it higher because they may think that the stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.

Shares of KAR Auction Services, Inc. (KAR) traded higher by 1.75% to $20.91. In the past year, the shares have traded as low as $11.03 and as high as $20.57. On average, 324770 shares of KAR exchange hands on a given day and today's volume is recorded at 867878. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $44.85 represents resistance and the 50-day moving average of $18.22 would be an area of support.

Shares of BioMed Realty Trust Inc. (BMR) traded higher by 0.29% to $20.49. In the past year, the shares have traded as low as $14.36 and as high as $20.46. On average, 1524680 shares of BMR exchange hands on a given day and today's volume is recorded at 2296369. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $13.81 area.

Shares of Qlik Technologies, Inc. (QLIK) traded higher by 1.34% to $33.29. In the past year, the shares have traded as low as $14.00 and as high as $33.06. On average, 1527830 shares of QLIK exchange hands on a given day and today's volume is recorded at 4717248. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $35.36 represents resistance and the 50-day moving average of $16.64 would be an area of support.

Shares of ascena retail group inc. (ASNA) traded higher by 1.95% to $33.46. In the past year, the shares have traded as low as $20.77 and as high as $33.84. On average, 791060 shares of ASNA exchange hands on a given day and today's volume is recorded at 1051802. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $22.66 area.

Shares of Dean Foods Co. (DF) traded higher by 2.28% to $13.88. In the past year, the shares have traded as low as $7.13 and as high as $13.73. On average, 4223780 shares of DF exchange hands on a given day and today's volume is recorded at 4763392. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momemtum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $24.42 area but be careful because the stock may face selling pressure at this level.

Reaching for the Stars: (BMRN), (RKT), (ICO), (HHC), (GXP)

Stocks hitting new 52 week highs on May 31 are BioMarin Pharmaceutical Inc., Rock-Tenn Co., International Coal Group, Inc., The Howard Hughes Corporation, and Great Plains Energy Incorporated. Investors are buying the stock and pushing it higher because they may think that the stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.

Shares of BioMarin Pharmaceutical Inc. (BMRN) traded higher by 0.93% to $28.23. In the past year, the shares have traded as low as $18.04 and as high as $28.42. On average, 749240 shares of BMRN exchange hands on a given day and today's volume is recorded at 1322960. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $13.22 area.

Shares of Rock-Tenn Co. (RKT) fell by 1.02% to $76.83. In the past year, the shares have traded as low as $46.17 and as high as $77.62. On average, 876360 shares of RKT exchange hands on a given day and today's volume is recorded at 2968238. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $28.35 area.

Shares of International Coal Group, Inc. (ICO) traded higher by 0.07% to $14.53. In the past year, the shares have traded as low as $3.59 and as high as $14.53. On average, 12722260 shares of ICO exchange hands on a given day and today's volume is recorded at 8757686. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momemtum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $18.24 area but be careful because the stock may face selling pressure at this level.

Shares of The Howard Hughes Corporation (HHC) traded higher by 2.64% to $76.48. In the past year, the shares have traded as low as $31.00 and as high as $74.73. On average, 212870 shares of HHC exchange hands on a given day and today's volume is recorded at 1371551. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $33.63 area.

Shares of Great Plains Energy Incorporated (GXP) traded higher by 1.34% to $21.17. In the past year, the shares have traded as low as $15.93 and as high as $21.00. On average, 982850 shares of GXP exchange hands on a given day and today's volume is recorded at 1397311. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $10.99 area.

Making New Highs: (NZT), (PDM), (SNY), (GRA), (TCO)

Stocks hitting new 52 week highs on May 31 are Telecom Corp. of New Zealand Ltd., Piedmont Office Realty Trust Inc., Sanofi-Aventis, W.R. Grace & Co., and Taubman Centers Inc.. Investors are buying the stock and pushing it higher because they may think that the stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.

Shares of Telecom Corp. of New Zealand Ltd. (NZT) traded higher by 1.86% to $9.84. In the past year, the shares have traded as low as $5.45 and as high as $9.86. On average, 638610 shares of NZT exchange hands on a given day and today's volume is recorded at 1000001. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momemtum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $19.11 area but be careful because the stock may face selling pressure at this level.

Shares of Piedmont Office Realty Trust Inc. (PDM) traded higher by 1.03% to $20.56. In the past year, the shares have traded as low as $14.48 and as high as $20.38. On average, 1078510 shares of PDM exchange hands on a given day and today's volume is recorded at 6834767. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $10.33 area.

Shares of Sanofi-Aventis (SNY) traded higher by 2.4% to $39.61. In the past year, the shares have traded as low as $26.74 and as high as $39.28. On average, 3595960 shares of SNY exchange hands on a given day and today's volume is recorded at 7632368. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $20.96 area.

Shares of W.R. Grace & Co. (GRA) traded higher by 2.07% to $46.79. In the past year, the shares have traded as low as $19.63 and as high as $45.87. On average, 544560 shares of GRA exchange hands on a given day and today's volume is recorded at 851513. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $34.14 area.

Shares of Taubman Centers Inc. (TCO) traded higher by 2.75% to $60.57. In the past year, the shares have traded as low as $34.52 and as high as $59.37. On average, 421900 shares of TCO exchange hands on a given day and today's volume is recorded at 936893. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $21.84 area.

Making New Highs: (CTAS), (LRY), (IEP), (LVLT), (LKQX)

Stocks hitting new 52 week highs on May 31 are Cintas Corporation, Liberty Property Trust, Icahn Enterprises, L.P., Level 3 Communications Inc., and LKQ Corp.. Investors are buying the stock and pushing it higher because they may think that the stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.

Shares of Cintas Corporation (CTAS) traded higher by 1.36% to $32.85. In the past year, the shares have traded as low as $23.09 and as high as $32.63. On average, 1065950 shares of CTAS exchange hands on a given day and today's volume is recorded at 1053253. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $15.77 area.

Shares of Liberty Property Trust (LRY) traded higher by 1.01% to $36.06. In the past year, the shares have traded as low as $25.99 and as high as $35.72. On average, 862080 shares of LRY exchange hands on a given day and today's volume is recorded at 1307479. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $12.17 area.

Shares of Icahn Enterprises, L.P. (IEP) traded higher by 8.22% to $46.45. In the past year, the shares have traded as low as $30.54 and as high as $43.50. On average, 14900 shares of IEP exchange hands on a given day and today's volume is recorded at 82712. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $26.28 area.

Shares of Level 3 Communications Inc. (LVLT) fell by 1.72% to $2.29. In the past year, the shares have traded as low as $0.83 and as high as $2.33. On average, 40294780 shares of LVLT exchange hands on a given day and today's volume is recorded at 103711480. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momemtum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $37.09 area but be careful because the stock may face selling pressure at this level.

Shares of LKQ Corp. (LKQX) traded higher by 1.1% to $26.59. In the past year, the shares have traded as low as $17.47 and as high as $26.91. On average, 678120 shares of LKQX exchange hands on a given day and today's volume is recorded at 1087949. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $16.57 area.

Higher They Go: (ELN), (ASH), (TBH), (TAC), (PTEN)

Stocks hitting new 52 week highs on May 31 are Elan Corp. plc, Ashland Inc., Brazilian Telecommunications Corp., TransAlta Corp., and Patterson-UTI Energy Inc.. Investors are buying the stock and pushing it higher because they may think that the stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.

Shares of Elan Corp. plc (ELN) traded higher by 1.92% to $9.57. In the past year, the shares have traded as low as $4.25 and as high as $9.50. On average, 3461330 shares of ELN exchange hands on a given day and today's volume is recorded at 4496180. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momemtum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $22.47 area but be careful because the stock may face selling pressure at this level.

Shares of Ashland Inc. (ASH) traded higher by 11.63% to $68.34. In the past year, the shares have traded as low as $42.41 and as high as $63.93. On average, 739160 shares of ASH exchange hands on a given day and today's volume is recorded at 4110070. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $26.04 area.

Shares of Brazilian Telecommunications Corp. (TBH) fell by 0.63% to $9.46. In the past year, the shares have traded as low as $4.61 and as high as $9.65. On average, 14040 shares of TBH exchange hands on a given day and today's volume is recorded at 38004. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momemtum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $11.81 area but be careful because the stock may face selling pressure at this level.

Shares of TransAlta Corp. (TAC) traded higher by 0.63% to $22.27. In the past year, the shares have traded as low as $17.45 and as high as $22.20. On average, 42320 shares of TAC exchange hands on a given day and today's volume is recorded at 45020. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $8.62 area.

Shares of Patterson-UTI Energy Inc. (PTEN) fell by 1.14% to $31.33. In the past year, the shares have traded as low as $12.43 and as high as $31.81. On average, 2939200 shares of PTEN exchange hands on a given day and today's volume is recorded at 4378832. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $39.01 represents resistance and the 50-day moving average of $8.49 would be an area of support.

Making New Highs: (AMB), (INFA), (GIB), (COG), (MPEL)

Stocks hitting new 52 week highs on May 31 are AMB Property Corp., Informatica Corporation, CGI Group, Inc., Cabot Oil & Gas Corporation, and Melco Crown Entertainment Ltd.. Investors are buying the stock and pushing it higher because they may think that the stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.

Shares of AMB Property Corp. (AMB) traded higher by 1.37% to $36.99. In the past year, the shares have traded as low as $21.28 and as high as $36.77. On average, 1583370 shares of AMB exchange hands on a given day and today's volume is recorded at 3769337. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $20.20 area.

Shares of Informatica Corporation (INFA) traded higher by 1.4% to $58.66. In the past year, the shares have traded as low as $23.23 and as high as $58.31. On average, 1061730 shares of INFA exchange hands on a given day and today's volume is recorded at 4347683. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $32.75 area.

Shares of CGI Group, Inc. (GIB) traded higher by 3.19% to $22.99. In the past year, the shares have traded as low as $13.51 and as high as $22.46. On average, 216220 shares of GIB exchange hands on a given day and today's volume is recorded at 265599. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $28.74 represents resistance and the 50-day moving average of $8.39 would be an area of support.

Shares of Cabot Oil & Gas Corporation (COG) traded higher by 1.08% to $58.75. In the past year, the shares have traded as low as $26.56 and as high as $59.45. On average, 1575790 shares of COG exchange hands on a given day and today's volume is recorded at 2309144. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $47.70 area.

Shares of Melco Crown Entertainment Ltd. (MPEL) traded higher by 2.47% to $11.22. In the past year, the shares have traded as low as $3.56 and as high as $11.11. On average, 7178030 shares of MPEL exchange hands on a given day and today's volume is recorded at 9740184. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momemtum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $20.21 area but be careful because the stock may face selling pressure at this level.

Making New Highs: (SBS), (HLF), (ANF), (HANS), (ST)

Stocks hitting new 52 week highs on May 31 are Companhia de Saneamento Basico do Estado de Sao Paulo, Herbalife Ltd., Abercrombie & Fitch Co., Hansen Natural Corporation, and Sensata Technologies Holding NV. Investors are buying the stock and pushing it higher because they may think that the stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.

Shares of Companhia de Saneamento Basico do Estado de Sao Paulo (SBS) traded higher by 0.82% to $61.54. In the past year, the shares have traded as low as $36.69 and as high as $61.51. On average, 284200 shares of SBS exchange hands on a given day and today's volume is recorded at 395496. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $21.81 area.

Shares of Herbalife Ltd. (HLF) traded higher by 3.27% to $56.28. In the past year, the shares have traded as low as $21.07 and as high as $54.75. On average, 1320640 shares of HLF exchange hands on a given day and today's volume is recorded at 1277737. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $56.12 area.

Shares of Abercrombie & Fitch Co. (ANF) fell by 0.76% to $75.77. In the past year, the shares have traded as low as $29.52 and as high as $77.09. On average, 2633150 shares of ANF exchange hands on a given day and today's volume is recorded at 2072824. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $44.37 area.

Shares of Hansen Natural Corporation (HANS) traded higher by 1.07% to $71.65. In the past year, the shares have traded as low as $37.28 and as high as $71.36. On average, 762650 shares of HANS exchange hands on a given day and today's volume is recorded at 823208. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $31.62 area.

Shares of Sensata Technologies Holding NV (ST) traded higher by 0.92% to $36.28. In the past year, the shares have traded as low as $15.25 and as high as $36.00. On average, 659240 shares of ST exchange hands on a given day and today's volume is recorded at 616385. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $29.24 area.

Higher They Go: (SLM), (ERTS), (QEP), (SLG), (MAC)

Stocks hitting new 52 week highs on May 31 are SLM Corporation, Electronic Arts Inc., QEP Resources, Inc., SL Green Realty Corp., and Macerich Co.. Investors are buying the stock and pushing it higher because they may think that the stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.

Shares of SLM Corporation (SLM) traded higher by 1.19% to $17.04. In the past year, the shares have traded as low as $10.05 and as high as $16.86. On average, 3749160 shares of SLM exchange hands on a given day and today's volume is recorded at 6964914. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $26.61 represents resistance and the 50-day moving average of $8.47 would be an area of support.

Shares of Electronic Arts Inc. (ERTS) traded higher by 2.13% to $24.41. In the past year, the shares have traded as low as $14.06 and as high as $24.05. On average, 5162540 shares of ERTS exchange hands on a given day and today's volume is recorded at 6051728. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $38.59 represents resistance and the 50-day moving average of $16.40 would be an area of support.

Shares of QEP Resources, Inc. (QEP) traded higher by 2.3% to $43.5. In the past year, the shares have traded as low as $27.83 and as high as $43.17. On average, 1265460 shares of QEP exchange hands on a given day and today's volume is recorded at 1551237. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $20.28 area.

Shares of SL Green Realty Corp. (SLG) traded higher by 1.94% to $90.01. In the past year, the shares have traded as low as $49.89 and as high as $88.38. On average, 779280 shares of SLG exchange hands on a given day and today's volume is recorded at 1162121. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $28.84 area.

Shares of Macerich Co. (MAC) traded higher by 2.8% to $54.37. In the past year, the shares have traded as low as $34.02 and as high as $53.28. On average, 925630 shares of MAC exchange hands on a given day and today's volume is recorded at 1183617. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $18.59 area.

Reaching for the Stars: (PLD), (SHW), (SIRI), (SJM), (MCO)

Stocks hitting new 52 week highs on May 31 are ProLogis, The Sherwin-Williams Company, SIRIUS XM Radio Inc., The J. M. Smucker Company, and Moody's Corp.. Investors are buying the stock and pushing it higher because they may think that the stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.

Shares of ProLogis (PLD) traded higher by 1.41% to $16.56. In the past year, the shares have traded as low as $8.82 and as high as $16.58. On average, 5107140 shares of PLD exchange hands on a given day and today's volume is recorded at 6741811. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $19.39 represents resistance and the 50-day moving average of $5.00 would be an area of support.

Shares of The Sherwin-Williams Company (SHW) traded higher by 2.44% to $87.84. In the past year, the shares have traded as low as $65.09 and as high as $86.84. On average, 944560 shares of SHW exchange hands on a given day and today's volume is recorded at 2677128. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $11.92 area.

Shares of SIRIUS XM Radio Inc. (SIRI) fell by 0.84% to $2.35. In the past year, the shares have traded as low as $0.90 and as high as $2.42. On average, 68956380 shares of SIRI exchange hands on a given day and today's volume is recorded at 284691456. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momemtum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $19.64 area but be careful because the stock may face selling pressure at this level.

Shares of The J. M. Smucker Company (SJM) traded higher by 1.3% to $79.28. In the past year, the shares have traded as low as $53.23 and as high as $78.44. On average, 593150 shares of SJM exchange hands on a given day and today's volume is recorded at 837318. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $21.21 area.

Shares of Moody's Corp. (MCO) traded higher by 2.89% to $39.91. In the past year, the shares have traded as low as $18.21 and as high as $39.51. On average, 2221170 shares of MCO exchange hands on a given day and today's volume is recorded at 6149946. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $36.21 area.

Reaching for the Stars: (AVB), (NLSN), (CF), (FRX), (BMC)

Stocks hitting new 52 week highs on May 31 are Avalonbay Communities Inc., Nielsen Holdings B.V., CF Industries Holdings, Inc., Forest Laboratories Inc., and BMC Software Inc.. Investors are buying the stock and pushing it higher because they may think that the stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.

Shares of Avalonbay Communities Inc. (AVB) traded higher by 2.36% to $133.07. In the past year, the shares have traded as low as $86.72 and as high as $130.00. On average, 656990 shares of AVB exchange hands on a given day and today's volume is recorded at 1218888. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $18.20 area.

Shares of Nielsen Holdings B.V. (NLSN) traded higher by 0.41% to $31.49. In the past year, the shares have traded as low as $24.75 and as high as $32.62. On average, 855710 shares of NLSN exchange hands on a given day and today's volume is recorded at 4094064. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $13.31 area.

Shares of CF Industries Holdings, Inc. (CF) fell by 0.91% to $153.78. In the past year, the shares have traded as low as $57.36 and as high as $156.34. On average, 2249180 shares of CF exchange hands on a given day and today's volume is recorded at 2291224. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $23.68 area.

Shares of Forest Laboratories Inc. (FRX) traded higher by 0.67% to $36.02. In the past year, the shares have traded as low as $24.17 and as high as $35.78. On average, 2824180 shares of FRX exchange hands on a given day and today's volume is recorded at 3324627. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $11.80 area.

Shares of BMC Software Inc. (BMC) traded higher by 1.16% to $55.83. In the past year, the shares have traded as low as $34.24 and as high as $55.24. On average, 1608320 shares of BMC exchange hands on a given day and today's volume is recorded at 1321100. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $20.31 area.

Stocks at 52 Week Highs: (NFLX), (DISH), (BAK), (ECL), (DG)

Stocks hitting new 52 week highs on May 31 are Netflix, Inc., Dish Network Corp., Braskem S.A., Ecolab Inc., and Dollar General Corporation. Investors are buying the stock and pushing it higher because they may think that the stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.

Shares of Netflix, Inc. (NFLX) traded higher by 2.38% to $270.8. In the past year, the shares have traded as low as $95.33 and as high as $265.88. On average, 5484140 shares of NFLX exchange hands on a given day and today's volume is recorded at 4788029. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $40.53 area.

Shares of Dish Network Corp. (DISH) traded higher by 0.5% to $30.28. In the past year, the shares have traded as low as $17.33 and as high as $30.14. On average, 2515960 shares of DISH exchange hands on a given day and today's volume is recorded at 2235272. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $40.10 represents resistance and the 50-day moving average of $15.91 would be an area of support.

Shares of Braskem S.A. (BAK) traded higher by 6.72% to $32.08. In the past year, the shares have traded as low as $11.05 and as high as $30.28. On average, 213190 shares of BAK exchange hands on a given day and today's volume is recorded at 409253. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $41.61 represents resistance and the 50-day moving average of $17.59 would be an area of support.

Shares of Ecolab Inc. (ECL) traded higher by 1.65% to $54.88. In the past year, the shares have traded as low as $44.07 and as high as $54.00. On average, 1436670 shares of ECL exchange hands on a given day and today's volume is recorded at 2291460. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $10.46 area.

Shares of Dollar General Corporation (DG) traded higher by 1.18% to $35.07. In the past year, the shares have traded as low as $26.61 and as high as $34.79. On average, 1405100 shares of DG exchange hands on a given day and today's volume is recorded at 1240446. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $17.16 area.

Higher They Go: (VNO), (LO), (SQM), (KOF), (BXP)

Stocks hitting new 52 week highs on May 31 are Vornado Realty Trust, Lorillard, Inc., Chemical & Mining Co. of Chile Inc., Coca-Cola FEMSA S.A.B de C.V., and Boston Properties Inc.. Investors are buying the stock and pushing it higher because they may think that the stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.

Shares of Vornado Realty Trust (VNO) traded higher by 1.81% to $98.38. In the past year, the shares have traded as low as $66.54 and as high as $97.51. On average, 1100000 shares of VNO exchange hands on a given day and today's volume is recorded at 1290003. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $14.53 area.

Shares of Lorillard, Inc. (LO) traded higher by 0.28% to $115.28. In the past year, the shares have traded as low as $66.39 and as high as $115.58. On average, 2186770 shares of LO exchange hands on a given day and today's volume is recorded at 1265503. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $37.75 area.

Shares of Chemical & Mining Co. of Chile Inc. (SQM) traded higher by 3.13% to $62.57. In the past year, the shares have traded as low as $31.16 and as high as $61.22. On average, 494220 shares of SQM exchange hands on a given day and today's volume is recorded at 1274756. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $19.35 area.

Shares of Coca-Cola FEMSA S.A.B de C.V. (KOF) traded higher by 1.51% to $86.91. In the past year, the shares have traded as low as $59.64 and as high as $85.91. On average, 125870 shares of KOF exchange hands on a given day and today's volume is recorded at 62289. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $11.63 area.

Shares of Boston Properties Inc. (BXP) traded higher by 1.9% to $108.35. In the past year, the shares have traded as low as $67.31 and as high as $106.77. On average, 1006600 shares of BXP exchange hands on a given day and today's volume is recorded at 1221485. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $20.65 area.

Inching Ever Higher: (NWSA), (SPG), (TRP), (YZC), (EQR)

Stocks hitting new 52 week highs on May 31 are News Corp., Simon Property Group Inc., TransCanada Corp., Yanzhou Coal Mining Co. Ltd., and Equity Residential. Investors are buying the stock and pushing it higher because they may think that the stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.

Shares of News Corp. (NWSA) traded higher by 2.0% to $18.34. In the past year, the shares have traded as low as $11.49 and as high as $18.13. On average, 14711600 shares of NWSA exchange hands on a given day and today's volume is recorded at 17409926. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $19.99 represents resistance and the 50-day moving average of $5.57 would be an area of support.

Shares of Simon Property Group Inc. (SPG) traded higher by 1.56% to $118.06. In the past year, the shares have traded as low as $74.28 and as high as $117.24. On average, 1474830 shares of SPG exchange hands on a given day and today's volume is recorded at 2427992. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $17.45 area.

Shares of TransCanada Corp. (TRP) traded higher by 1.7% to $44.83. In the past year, the shares have traded as low as $31.64 and as high as $44.43. On average, 426600 shares of TRP exchange hands on a given day and today's volume is recorded at 425632. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $18.17 area.

Shares of Yanzhou Coal Mining Co. Ltd. (YZC) traded higher by 6.01% to $41.65. In the past year, the shares have traded as low as $17.85 and as high as $39.83. On average, 295130 shares of YZC exchange hands on a given day and today's volume is recorded at 413454. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $41.39 area.

Shares of Equity Residential (EQR) traded higher by 2.03% to $61.83. In the past year, the shares have traded as low as $38.63 and as high as $60.81. On average, 1704060 shares of EQR exchange hands on a given day and today's volume is recorded at 3275443. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $19.43 area.

Stocks at 52 Week Highs: (PFE), (NVS), (PM), (ENB), (CHU)

Stocks hitting new 52 week highs on May 31 are Pfizer Inc., Novartis AG, Philip Morris International, Inc., Enbridge Inc., and China Unicom (Hong Kong) Limited. Investors are buying the stock and pushing it higher because they may think that the stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.

Shares of Pfizer Inc. (PFE) traded higher by 2.48% to $21.45. In the past year, the shares have traded as low as $13.43 and as high as $21.28. On average, 48225570 shares of PFE exchange hands on a given day and today's volume is recorded at 55152144. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $18.90 area.

Shares of Novartis AG (NVS) traded higher by 2.27% to $64.52. In the past year, the shares have traded as low as $42.84 and as high as $63.35. On average, 5596410 shares of NVS exchange hands on a given day and today's volume is recorded at 6304127. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $17.23 area.

Shares of Philip Morris International, Inc. (PM) traded higher by 1.74% to $71.75. In the past year, the shares have traded as low as $41.04 and as high as $70.77. On average, 6609210 shares of PM exchange hands on a given day and today's volume is recorded at 8177369. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $20.85 area.

Shares of Enbridge Inc. (ENB) traded higher by 2.17% to $67.29. In the past year, the shares have traded as low as $42.89 and as high as $66.08. On average, 314690 shares of ENB exchange hands on a given day and today's volume is recorded at 361497. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $19.91 area.

Shares of China Unicom (Hong Kong) Limited (CHU) traded higher by 2.08% to $22.08. In the past year, the shares have traded as low as $11.23 and as high as $21.66. On average, 1997800 shares of CHU exchange hands on a given day and today's volume is recorded at 1775361. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $39.33 represents resistance and the 50-day moving average of $16.83 would be an area of support.

Stocks Rebound Near Close (NASDAQ: INTC ) (NASDAQ: CSCO ) (NYSE: SAP )

News regarding potential financial aid for Greece lifted Wall-Street today. Stocks increased over 1% this morning but fell back down again after poor economic reports. Reports regarding housing, consumer confidence and manufacturing drove down stock indexes today. Throughout the entire month these reports have driven these major indexes to their lowest points since last August. For the month the Dow is down 1.9%, the Nasdaq is down 1.3% and the S&P 500 is down 1.4%. Stocks rose to their opening highs during the last half hour of trading. This increase was caused by an increase of expectations for a second aid package for Greece. This news sent the dollar below the euro which raised the prices of dollar based commodities, thus raising sectors in the equity market. Some of the leading performs today were Intel, Cisco and SAP. Intel increased 1.35% to $22.51, Cisco rose 2.07% to $16.80 and SAP increased 3.12% to $62.17. The Dow Jones industrial average increased 128.21 points, or 1.03 percent, to 12,569.79. The S&P 500 rose 14.10 points, or 1.06 percent, to 1,345.20. The Nasdaq increased 38.44 points, or 1.37 percent, to 2,835.30.

Netflix Reaches New All-Time High (NASDAQ: NFLX ) (TSE: IFC.TO )

Sell in May and go away did not apply to investors of Netflix as Netflix reached an all-time high today of $267.78 a share. Going into Tuesday, the S&P 500 had fallen 2.4% in May, but Netflix has beaten this downward trend as the stock has been up almost 15% in May. Investors are seeing Netflix more as a normal consumer staples firm rather than a cyclical technology firm. Netflix is currently trading at 60 times their 2011 earnings estimates. In other big news today, Intact Financial Corp. has purchased AXA Canada for $2.6 billion. CEO Charles Brindamour believes the deal will strengthen Intac’s insurance offerings, expand their distribution platforms and increase their ability to support insurance brokers. The deal is expected to provide of $100 million in synergies every year. Intact is expected to issue $800 million in equity to help finance the deal.

Earnings Better than Expected for Scotia Bank (TSE:BNS)

Bank of Nova Scotia announced today that their second quarter beat expectations as they increased lending and cut back on provisions for older loans. Earnings for the quarter increased to C$1.54 billion or C$1.36 a share, compared to C$1.10 billion or C$1.02 a share last year. Excluding gains from new accounting policies, earnings for the second quarter increased to C$1.10 a share. Analysts expected earnings of C$1.08 a share. The bank also announced provisions for bad loans fell to C$262 million from C$338 million. Since their results were better than expected, their shares rose 31 Canadian cents to C$59.29 during the morning today.

Monday, May 30, 2011

Analyst Upgrades: (CMA), (BLUD), (UCTT)

Comerica (CMA) is currently being analyzed by the brokerage firm Oppenheimer. They have just increased their rating from Perform to Outperform. This indicates that the company may doing doing better than investors expect. Look for potential buying pressure or an upside move in the share price. The target price is currently set at $43 per share by the brokerage firm. Shares of CMA traded higher by 1.58% or $0.56/share to $35.91. In the past year, the shares have traded as low as $33.11 and as high as $43.53. On average, 2799550 shares of CMA exchange hands on a given day and today's volume is recorded at 2409640.

RBC Capital Mkts, the brokerage firm, has recently changed the rating on Immucor (BLUD). They upped the rating from Sector Perform to Outperform. The brokerage firm believes the company may be on the upswing and there could be potential value in buying the stock. The target price is currently set at $25 per share by the brokerage firm. Shares of BLUD traded higher by 0.05% or $0.01/share to $20.66. In the past year, the shares have traded as low as $15.01 and as high as $21.95. On average, 407972 shares of BLUD exchange hands on a given day and today's volume is recorded at 301406.

Ultra Clean Holdings (UCTT) recently had their rating changed from Neutral to Buy. Dougherty & Company is the brokerage firm which is currently analyzing this company and found it necessary to change their rating. This is usually a bullish sign for the company's share price, as these brokerages begin to tell their clients to start buying the upgraded stock. The shares may see a continued uptrend because of this. Analysts believe that the company's share price may begin to improve. The target price is currently set at $14 per share by the brokerage firm. Shares of UCTT fell by 0.59% or $-0.06/share to $10.15. In the past year, the shares have traded as low as $6.79 and as high as $13.62. On average, 148752 shares of UCTT exchange hands on a given day and today's volume is recorded at 105612.

Upgrades of the Day: (ARO), (AGCO), (AEO), (CNH), (CTSH)

Aeropostale (ARO) recently had their rating increased from Underperform to Mkt Perform. FBR Capital is the brokerage firm which is currently analyzing this company and found it necessary to change their rating. This is usually a bullish sign for the company's share price, as these brokerages begin to tell their clients to start buying the upgraded stock. The shares may see a continued uptrend because of this. Analysts believe that the company's share price may begin to improve. The target price is currently set at $20 per share by the brokerage firm. Shares of ARO traded higher by 1.17% or $0.22/share to $19.08. In the past year, the shares have traded as low as $17.06 and as high as $31.31. On average, 2521380 shares of ARO exchange hands on a given day and today's volume is recorded at 1899103.

AGCO Corp (AGCO) is currently being analyzed by the brokerage firm UBS. They have just changed their rating from Neutral to Buy. This indicates that the company may doing doing better than investors expect. Look for potential buying pressure or an upside move in the share price. The target price is currently set at $60 per share by the brokerage firm. Shares of AGCO traded higher by 1.38% or $0.7/share to $51.49. In the past year, the shares have traded as low as $25.48 and as high as $59.81. On average, 1394920 shares of AGCO exchange hands on a given day and today's volume is recorded at 906559.

FBR Capital, the brokerage firm, has recently changed the rating on American Eagle (AEO). They upped the rating from Mkt Perform to Outperform. The brokerage firm believes the company may be on the upswing and there could be potential value in buying the stock. The target price is currently set at $17 per share by the brokerage firm. Shares of AEO fell by 0.23% or $-0.03/share to $13.07. In the past year, the shares have traded as low as $11.35 and as high as $17.46. On average, 4480100 shares of AEO exchange hands on a given day and today's volume is recorded at 5041976.

CNH Global (CNH) recently had their rating increased from Neutral to Buy. UBS is the brokerage firm which is currently analyzing this company and found it necessary to change their rating. This is usually a bullish sign for the company's share price, as these brokerages begin to tell their clients to start buying the upgraded stock. The shares may see a continued uptrend because of this. Analysts believe that the company's share price may begin to improve. The target price is currently set at $51 per share by the brokerage firm. Shares of CNH traded higher by 0.24% or $0.1/share to $41.46. In the past year, the shares have traded as low as $21.58 and as high as $54.45. On average, 390181 shares of CNH exchange hands on a given day and today's volume is recorded at 306796.

Cognizant Tech (CTSH) recently had their rating increased from Equal Weight to Overweight. Barclays Capital is the brokerage firm which is currently analyzing this company and found it necessary to change their rating. This is usually a bullish sign for the company's share price, as these brokerages begin to tell their clients to start buying the upgraded stock. The shares may see a continued uptrend because of this. Analysts believe that the company's share price may begin to improve. The target price is currently set at $88 per share by the brokerage firm. Shares of CTSH fell by 0.64% or $-0.48/share to $74.77. In the past year, the shares have traded as low as $48.53 and as high as $83.48. On average, 2481900 shares of CTSH exchange hands on a given day and today's volume is recorded at 1657258.

Downgrades of the Day: (CSC), (KNX), (LULU)

Computer Sciences (CSC) is currently being analyzed by the brokerage firm Barclays Capital. They have just decreased their rating from Overweight to Equal Weight. This indicates that the company may not be doing as well as investors were expecting. Look for potential selling pressure or a downside move in the share price. The target price is currently set at $42 per share by the brokerage firm. Shares of CSC traded higher by 4.33% or $1.66/share to $40.04. In the past year, the shares have traded as low as $36.30 and as high as $56.61. On average, 1442290 shares of CSC exchange hands on a given day and today's volume is recorded at 3949465.

Knight Transportation (KNX) is currently being analyzed by the brokerage firm Longbow. They have just decreased their rating from Buy to Neutral. This indicates that the company may not be doing as well as investors were expecting. Look for potential selling pressure or a downside move in the share price. Shares of KNX remained unchanged at $17.08. In the past year, the shares have traded as low as $16.58 and as high as $22.30. On average, 1066750 shares of KNX exchange hands on a given day and today's volume is recorded at 894679.

lululemon athletica (LULU) recently had their rating changed from Mkt Perform to Underperform. FBR Capital is the brokerage firm which is currently analyzing this company and found it necessary to change their rating. This is usually a bearish sign for the stock, and this brokerage house may tell its clients to sell the stock. The share prices may fall because of this action. Analysts believe that the company's share price may begin to fall. The target price is currently set at $80 per share by the brokerage firm. Shares of LULU fell by 1.82% or $-1.67/share to $90.08. In the past year, the shares have traded as low as $31.08 and as high as $102.83. On average, 2074140 shares of LULU exchange hands on a given day and today's volume is recorded at 3454871.

Upgrades of the Day: (ARO), (AGCO), (AEO), (CNH), (CTSH)

FBR Capital, the brokerage firm, has recently increased the rating on Aeropostale (ARO). They upped the rating from Underperform to Mkt Perform. The brokerage firm believes the company may be on the upswing and there could be potential value in buying the stock. The target price is currently set at $20 per share by the brokerage firm. Shares of ARO traded higher by 1.17% or $0.22/share to $19.08. In the past year, the shares have traded as low as $17.06 and as high as $31.31. On average, 2521380 shares of ARO exchange hands on a given day and today's volume is recorded at 1899103.

UBS, the brokerage firm, has recently increased the rating on AGCO Corp (AGCO). They upped the rating from Neutral to Buy. The brokerage firm believes the company may be on the upswing and there could be potential value in buying the stock. The target price is currently set at $60 per share by the brokerage firm. Shares of AGCO traded higher by 1.38% or $0.7/share to $51.49. In the past year, the shares have traded as low as $25.48 and as high as $59.81. On average, 1394920 shares of AGCO exchange hands on a given day and today's volume is recorded at 906559.

American Eagle (AEO) recently had their rating changed from Mkt Perform to Outperform. FBR Capital is the brokerage firm which is currently analyzing this company and found it necessary to change their rating. This is usually a bullish sign for the company's share price, as these brokerages begin to tell their clients to start buying the upgraded stock. The shares may see a continued uptrend because of this. Analysts believe that the company's share price may begin to improve. The target price is currently set at $17 per share by the brokerage firm. Shares of AEO fell by 0.23% or $-0.03/share to $13.07. In the past year, the shares have traded as low as $11.35 and as high as $17.46. On average, 4480100 shares of AEO exchange hands on a given day and today's volume is recorded at 5041976.

UBS, the brokerage firm, has recently changed the rating on CNH Global (CNH). They upped the rating from Neutral to Buy. The brokerage firm believes the company may be on the upswing and there could be potential value in buying the stock. The target price is currently set at $51 per share by the brokerage firm. Shares of CNH traded higher by 0.24% or $0.1/share to $41.46. In the past year, the shares have traded as low as $21.58 and as high as $54.45. On average, 390181 shares of CNH exchange hands on a given day and today's volume is recorded at 306796.

Cognizant Tech (CTSH) is currently being analyzed by the brokerage firm Barclays Capital. They have just changed their rating from Equal Weight to Overweight. This indicates that the company may doing doing better than investors expect. Look for potential buying pressure or an upside move in the share price. The target price is currently set at $88 per share by the brokerage firm. Shares of CTSH fell by 0.64% or $-0.48/share to $74.77. In the past year, the shares have traded as low as $48.53 and as high as $83.48. On average, 2481900 shares of CTSH exchange hands on a given day and today's volume is recorded at 1657258.

Daily News and Buy Recommendation (TSX: FTS.TO ) (NYSE: CV ) (NASDAQ:DECK)

Fortis Inc., a Canadian utility company, said on Monday that they will purchase electricity distributor Central Vermont Public Service Corp. for $470 million. Fortis is going to pay $35.10 a share in cash for Central Vermont Public Service Corp. This is roughly a $10.78 a share or 44%. Shareholders and regulatory agencies have to approve the deal, so the deal with be finalized between six to twelve months. Fortis will buy Central Vermont Public Service Corp. so they can expand into the US energy market. Fortis expects this purchase to increase their earnings this year. Today, EPS Wire had an exclusive interview with Andy Kibbens (Co-CEO of “The Markets are Open”) who gave us a recommendation one of his favorite stocks. Kibben’s recommends buying Deckers (NASDAQ:DECK) as he believes they are undervalued at these levels. He said “Deck is poised for extreme growth as they are being successful in achieving their growth strategy. They recently purchased Sanuk for a good price which should help them grow.” He also added that “they should be bought on any pullback” which confirms he is bullish on this stock. Wall Street analysts have a buy recommendation on DECK with an average target price of $108.22 a share.

Friday, May 27, 2011

Stocks Gained, Third Straight Session (NYSE: BAC ) (NYSE: JNJ) (NYSE: DIS )

Today stocks gained for the third straight session despite low trading volumes heading into the long weekend. The biggest gainers today were the materials, capital goods, and financial sectors. Bank of America, Johnson and Johnson and Walt Disney led the Dow today. Bank of America gained 23 cents or 2.01% to $11.69. Johnson and Johnson increased $1.26 or 1.92% to $66.77. Walt Disney gained 53 cents or 1.29% to $41.52. The Dow Jones industrial average rose 38.82 points, or 0.3 percent, to 12,441.58. The S&P 500 increased 5.41 points, or 0.4 percent, to 1,331.10. The Nasdaq composite increased 13.94 points, or 0.5 percent, to 2,796.86.

SeaDrill Announces Increase in Dividend (NYSE: MBT ) (NYSE: SDRL )

MTS, Russia’s number 1 mobile phone operator, announced Thursday that their first quarter earnings fell 16% due to an increase in competition and high commercial costs. Earnings were $321.6 million, compared to $383.1 million last year. Analysts expected earnings of $315.5 million. Operating income fell 2.7% to $1.13 billion which was higher than the $1.12 billion which was forecasted. Shares increased 51 cents or 2.63% to $19.90 today.

Seadrill announced today that they would increase their dividend payments as they saw drilling market increasing and their first quarter earnings were in line with expectations. Earnings were before interest, taxes, depreciation and amortization were $430 million, compared to $332 million in the same period last year. Earnings of $432 million were forecasted by analysts. Shares increased 1 cent to $35.63 today.

Mentor Graphics Poor News For the Future (NASDAQ: MENT ) (TSX: HRX.TO )

Mentor Graphics Corp announced on Friday that their quarterly results were above market expectations but their forecasted second quarter estimates were below expectations. They reported earnings of a loss of $2.3 million or 2 cents a share, compared to $23 million or 22 cents a share last year. Revenue increased 28% to $230 million as system and software sales increased 43%. Analysts expected earnings of 18 cents a share on revenue of $227 million. For the second quarter, forecasted earnings are 5 cents a share on revenue of $210 million. Analysts were expecting 20 cents a share on revenue of $229 million. Shares fell 97 cents or 6.63% to $13.67 Friday morning.

Heroux-Devtek Inc. announced on Friday that they had a higher quarterly profit caused by an increase in their aerospace segment sales. Earnings for the fourth quarter increased C$7.7 million or 25 Canadian cents a share, compared to C$4.4 million or 14 Canadian cents a share last year. Revenue increased in the quarter to C$106 million. Shares increased 61 cents or 7.24% to $9.03 Friday morning.

Thursday, May 26, 2011

Microsoft CEO Gets Called Out (NASDAQ: MSFT ) (NYSE: TIF )

Microsoft Corp. increased 2% today after hedge-fund manager David Einhorn called for the replacement of Microsoft CEO Steve Ballmer. Einhon said during a conference on Wednesday that Ballmer’s management was keeping Microsoft’s stock down. News regarding economic growth sent bond yields to their lowest level in a year today. The US government reported the economy grew 1.8% during the last quarter, but it was expected to grow 2.2%. The cause of this lower growth was the price of gas and the cut backs the government made. This news pushed down stocks, but stocks were pushed back up after Einhorn’s comments. The biggest winner today was Tiffany & Co. which increased 8% today after their amazing earnings news. The Dow jones industrial average increased 8.1 points to 12,402.76. The S&P 500 index rose 5.22 to 1,325.69 and the Nasdaq increased 21.54 to 2,782.92.

Heinz See's Earnings Rise, But Bad News For Employees (NASDAQ: PDCO ) (NYSE: HNZ )

Patterson Cos. Announced Thursday that their fourth quarter profit increased 1% as sales gathered ground with strong growth in dental equipment and software. The earned $62.7 million or 53 cents a share compared to $61.8 million or 52 cents a share last year. Revenue increased 8% to $883.8 million from $812.8 million. Analysts expected earnings of 51 cents a share and $847.9 million in revenue. They forecast earnings of $1.90 to $2 a share for 2012. Shares fell 37 cents $34.76 during the day.

H.J. Heinz Co.’s earnings for their fourth quarter increased 16%. They believe they need to raise prices and cut some jobs for them to keep this profitable path. They announced today that they will cut up to 1,000 jobs worldwide in 2010 as they close five factories. They earned $223.9 million or 69 cents a share for their fourth quarter, compared to $192.4 million or 60 cents a share last year. They did not meet analyst expectations as Wall Street predicted earnings of 72 cents a share. Revenue increased 6% to $2.89 billion which beat analyst expectations of $2.87 billion. They raised their full year outlook and now expected 2012 earnings to be $3.29 to $3.39 a share. Analysts predict earnings of $3.33 a share. Shares rose 8% to $53.47 during the day.

Tiffany's Shiniest Diamond is Their Earnings (NYSE: TIF ) (HKSE: 0992.HK )

Tiffany & Co. announced Thursday that their first quarter profit increased 25% on higher revenue globally. Earnings increased to $81.1 million or 63 cents a share, compared to $64.4 million or 50 cents a share last year. Analysts expected 57 cents a share. Revenue increased 20% to $761 million from $633.6 million last year, higher than analyst expectations of $702.6. For the entire year, Tiffany expects earnings of $3.45 to $3.55 a share, from previous guidance of $3.35 to $3.45 a share. Analysts expected earnings of $3.31 a share. Shares increased $6.16 or 8.8% to $76.20 this morning.

Lenovo Group Ltd. more than tripled their fourth quarter earnings, beating forecasts on strong demand from commercial customers. They reported earnings of $42.13 million in their fourth quarter, compared to $12.8 million a year earlier. This was better than expectations as earnings were expected to be $36.7 million. For the year that ended, Lenovo’s profit totaled $273.23 million which was higher than the $267.8 million forecasted. Shares were up 0.7% before the results were announced this morning.

Wednesday, May 25, 2011

Daily News (NYSE: COG ) (NYSE: MMR )

Stocks closed higher than usual today for the first time this week as oil prices increased which offset worries about the global economic recovery. Oil increased almost $2 to $101.32 per barrel, which pushed energy stocks higher today. Cabot Oil and Gas Corp was the leader of the S&P 500 today, rising 7%. Silver and copper prices also rose today which lifted miners and other material companies. Freeport-McMoran Copper & Gold Inc. increased 2%. The Dow Jones industrial average increased 38.45 points to close at 12,394.66. The Standard & Poor's 500 index rose 4.19, to 1,320.47. The Nasdaq composite rose 15.22, to close at 2,761.38.

Netflix on a Roll and Social Media (NASDAQ: NFLX) (NYSE: LNKD)

Netflix Inc (NASDAQ: NFLX) skyrocketed $11.87 or 4.79% today, reaching unimaginable highs of $259.47. Some investors jumped out of the stock early as they did not believe it could reach these extreme levels. Other however are still in the game and still believe that the stock can go even higher. While Netflix seems overvalued, it is growing at a rapid pace. Similar Internet companies such as LinkedIn (NYSE: LNKD) trade at much steeper valuations, even though Netflix appears to be a better company and is the way of the future for watching videos. Netflix has been fending off competition for years and has strong partnerships with various firms, which may keep it in the lead. Social media sites differ in the sense that they compete with Facebook and a host of other web sites. A few lines of code from competitors can put some of these companies out of business. It will be difficult to tell which of the social media firms will be left standing.

More Earnings News (NYSE: ZLC ) (NYSE: BWS )

Zale Corp. announced on Wednesday that their net loss shrank in their past quarter and reported a revenue gain even though costs for gold, silver and diamonds increased. Revenue increased 14.5% to $44.8 million, compared to $359.8 million last year. This beat analyst expectations for $392 million. They reported a net loss of $9 million or 28 cents a share, compared to $12.1 million or 38 cents a share. Analysts expected a loss of 58 cents a share. Shares increased 75 cents or 17% to $5.17 this afternoon.

Brown Shoe Company Inc. announced Wednesday that their first quarter earnings fell despite revenue increasing. They earned $3.7 million or 8 cents a share, compared to $10 million or 23 cents a share last year. Revenue increased to $624.6 million or $597.7 million a year earlier. Cost of goods sold increased 7% while selling, general and administrative expenses rose 5%. Shares fell more than 3% or 36 cents to $10.55 today.

New 52-Week Lows - (NASDAQ: CSCO), (NASDAQ: LOGI), (NYSE: IPS), (NYSE: THG), (NYSE: TLAB)

The following stocks have hit new 52-week lows and have been in steady downtrends for at least a year now. This could indicate lack of interest or a series of poor earnings results.

Cisco Systems, Inc. (NASDAQ: CSCO) is a Technology Networking & Communication Devices company with market cap of $89.94B. The stock hit a new 52-week low today at $16.11/share on volume of 35,768,512 shares traded. Cisco had bad Q1 earnings which affected the stock price negatively. It has been heading lower ever since.

Logitech International (NASDAQ: LOGI) is a Technology Computer Peripherals company from Switzerland. It's market cap is $2.35B and the shares hit a new 52-week low of $11.87/share.

Lender Processing Services, Inc. (NYSE: LPS) is a Business Services company. The market cap is $2.19B and shares fell to a new low of $23.94 today on heavy volume. The number of shares that exchanged hands today was recorded at 2,705,172.

Shares of The Hanover Insurance Group Inc. (NYSE: THG) hit a new 52-week low today at $39.55 on 143,497 shares traded. THG is a Financial Property & Casualty Insurance company. It's market cap is $1.82B.

TLAB Tellabs Inc. (NASDAQ: TLAB) is a Technology Communication Equipment company located in U.S. with a market cap of $1.65B. Exchanging 2,358,000 shares today, the stock fell to a new low of $4.50/share. The company is 76% institution owned and has a beta of 0.70.

Earnings News Today (NYSE: STP ) (NYSE: RL ) (NASDAQ: CONN )

Suntech Power Holdings Co Ltd. reported on Wednesday that they had a 54% increase in quarterly profits, but they cut their full year revenue forecast. First quarter earnings increased to $31.9 million or 17 cents a share, compared to $20.7 million or 11 cents a share last year. Revenue increased 49% to $877 million, but was behind the $945 million it posted in its fourth quarter. They lowered their sales expectations to $3.3 billion to $3.5 billion from their previous outlook of $3.4 billion to $3.6 billion. Shares fell 3.5% to $7.39 during the morning.

Polo Ralph Lauren Corp. announced on Wednesday that their fourth quarter earnings dropped 36% caused by high operating expenses and a calendar shift. They earned $73.2 million or 74 cents a share, compared to $114.1 million or $1.13 a share last year. Analysts expected earnings of 79 cents a share. Revenue increased 7% to $1.38 billion from $1.29 billion and Wall Street expected revenue of $1.41 billion. Shares fell $11.89 or 9.2% to $117.50 this morning.

Conn Inc. announced on Wednesday that their earnings fell 31% in their first quarter as consumers spent less on appliances and electronics. They reported earnings of $4 million or 13 cents a share, compared to $5.8 million or 26 cents a share in the same quarter last year. Revenue fell 4% to $189.3 million. Their earnings result beat Wall Street expectations by nearly 50%. Shares increased 39 cents or 7.46% to $5.62 this morning.