Stocks to Watch October 21, 2009: CREE, SNDK, STX, SONC, YHOO, MO, LLY, FLIR, FCX, TCB, BA, USB, WFC.

[ad code=1]

Cree, Inc., (CREE): Founded in 1987, based in Durham, North Carolina, Cree, Inc., manufactures light emitting diode products, silicon carbide and gallium nitride material products, and power and radio frequency products.

Market is expecting a profit of 22 cents per share for the quarter ended September 2009, 7 cents more compare to its actual profit of 15 cents a share it posted a year ago in the same quarter. On an average about 1.9 million shares trade each day on Nasdaq. CREE is currently trading at $40.39 close to its 52 week high as of Friday October 16, 2009. Earnings for the quarter ended September 2009, is scheduled to be released on Tuesday October 20, 2009 after market close.

SanDisk Corporation, (SNDK): Founded in 1988, based in Milpitas, California, SanDisk Corporation, designs, develops, and manufactures, NAND based flash storage card products that are used in various consumer electronics products.

5.2 million shares traded on Friday October 16, 2009. SNDK traded at $20.98 on Friday, just below its 52 week high of $23.20. Market is expecting a profit of 25 cents a share for the quarter ended September 2009, 84 cents more than its actual loss of 59 cents a share in the same quarter a year ago. Earnings for the quarter ended September 2009, is scheduled to be released on Tuesday October 20, 2009 after market close.

Seagate Technology, (STX): Founded in 1979, based in Grand Cayman, The Cayman Island, Seagate Technology, manufactures hard disk drives for the enterprise, mobile computing, desktop, consumer electronics, and branded solutions market applications of the disk drive industry in North America, the Far East, and Europe.

As of Monday October 19, 2009, STX is trading for $15.55, about $1 below its 52 week high, with an average volume of about 11.5 million shares a day. Market is expecting a profit of 46 cents a share for the quarter ended September 2009, which beats its actual profit it posted in the same quarter a year ago by 20 cents. Earnings for the quarter ended September 2009, is scheduled to be released on October 20, 2009 after the market close.

Sonic Corporation, (SONC): Founded in 1959, headquartered in Oklahoma City, Oklahoma, Sonic Corporation, operates and franchises a chain of quick-service drive in restaurants in the United States.

Stock traded between $11.12 and $11.23, on a volume of 464,046 during the trading hours on Monday October 19, 2009. Analysts are expecting a profit of 27 cents a share for the quarter ended August 2009, 5 cents below its actual profit it posted in the same quarter a year ago. Earnings for the quarter is scheduled to be released on Tuesday October 20, 2009 after market close.

Yahoo, Inc., (YHOO): Founded in 1994, headquartered in Sunnyvale, California, Yahoo, Inc., provides Internet services to users, advertisers, publishers, and developers worldwide.

Stock last traded for $17.22, just under its 52 week high of $17.94, with a total volume of 17.86 million trades on Monday October 19, 2009. Market is expecting a profit of 7 cents a share for the quarter ended September 2009, off by 2 cents compare to the same quarter a year ago. Earnings for the  quarter ended September 2009, is scheduled to be released on Tuesday October 20, 2009 after market close. 

Altria Group, Inc., (MO): Founded in 1919, headquartered in Richmond, Virginia, Altria Group, Inc, manufactures cigarettes and other tobacco products in the United States and Internationally.

MO is currently trading at $18.35, with an average volume of 16 million shares a day, as of Monday October 19, 2009. Market is expecting a profit of 46 cents a share for the quarter ended September 2009, no change compare to its actual profit of 46 cents it posted a year ago in the same quarter. Earnings for the quarter ended September 2009, is scheduled to be released on Wednesday October 21, 2009, before market open.

Eli Lilly, Co., (LLY): Founded in 1876, based in Indianapolis, Indiana, Eli Lilly, manufactures and sells pharmaceutical products worldwide.

As of Monday October 19, 2009, LLY traded for $35.28 with an average volume of little over 6 million shares a day. Market is expecting a profit of $1.01 a share on revenue of 5.4 billion, for the quarter ended September 2009, shy of 3 cents compare to its actual profit of $1.04 it posted a year ago in the same quarter. Earnings for the quarter ended September 2009, is scheduled to be released on Wednesday October 21, 2009 before market open.

FLIR Systems, Inc., (FLIR): Founded in 1978, headquartered in Wilsonville, Oregon, FLIR Systems, Inc., manufactures thermal imaging and infrared camera systems.

By the end of the trading day on Monday October 19, 2009, FLIR traded 1,799,807 shares and closed at $29.30, about $4.44 less than its 52 week high. Market is expecting a profit of 35 cents a share for the quarter ended September 2009, same profit of 35 cents a share it posted a year ago in the same quarter. Earnings for the quarter ended September 2009, is scheduled to be released on Wednesday October 21, 2009, before market open.

FreePort-McMoran Copper and Gold, (FCX): Founded in 1987, headquartered in Phoenix, Arizona, FreePort-McMoran explores, and mines, mineral resources, such as copper, gold, silver, cobalt and molybdenum.

As of Monday October 19, 2009, it is trading at around $79.00, just 53 cents below its 52 week high of $79.53. Three months average volume for FCX is about 15 million shares per trading day. Analysts are expecting a profit of $1.35 per share on 4.18 billion revenues, 4 cents above its actual profit it posted in the same quarter a year ago. Earnings for the quarter ended September 2009, is scheduled to be released on Wednesday October 21, 2009, before market open.

TCF Financial Corporation, (TCB): Founded in 1923, based in Wayzata, Minnesota, TCF Financial Corporation, operates TCF National Bank and TCF National Bank Arizona, that offers various retail and commercial banking services in the United States and Canada.

On Monday October 19, 2009, TCB traded about 4.1 million shares and closed at $14.30. Market is expecting a profit of 16 cents a share for the quarter ended September 2009, a drop of 8 cents compared to its actual profit of 24 cents a share the company posted in the same quarter a year ago. Earnings for the quarter ended September 2009, is scheduled to be released on Wednesday October 21, 2009, before market open.

Boeing Company, (BA): Founded in 1916, based in Chicago, Illinois, Boeing Company, designs and manufactures commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide.

With an average volume of about 6 million shares per day, BA is trading for $53.45 as of closing of trading day, Monday October 19, 2009. Market is expecting a loss of 2.12 cents per share for the quarter ended September 2009, $3.06 below its actual profit it posted a year ago in the same quarter. Earnings for the quarter ended September 2009, is scheduled to be released on Wednesday October 21, 2009, before market open.

US Bancorp, (USB): Founded in 1863, headquartered in Minneapolis, Minnesota, US Bancorp, provides various banking and financial services in United States.

USB closed at $23.81 on Monday October 19, 2009. A 3 month average volume for USB is about 16 million shares per day. Market is expecting a profit of 27 cents a share for the quarter ended September 2009, a drop of 5 cents a share compared to its actual profit it posted in the same quarter a year ago. Earnings for the quarter ended September 2009, is scheduled to be released on Wednesday October 21, 2009, before market open.

Wells Fargo & Company, (WFC): Founded in 1929, headquartered in San Francisco, California, Wells Fargo & Company provides retail, commercial, and corporate banking services in the United States.

WFC traded at $30.07 as of the closing on Monday October 19, 2009, with a total volume of 32 million shares. Market is expecting a profit of 36 cents a share for the quarter ended September 2009, a drop of 13 cents a share compared to the same quarter a year ago. Earnings for the quarter ended September 2009, is scheduled to be released on Wednesday October 21, 2009 before market open.


Get Swing Stock Pics From My Watch List To Your Email Box, Subscribe to Best Swing Trading Stocks by Email

Speak Your Mind

*

Subscribe By Email for Updates.