Stocks To Watch On Friday November 05, 2009: CBS Corp, Red Robin, Starbucks, Sunoco, Verisign
Stocks To Watch On November 05, 2009: CBS Corporation (CBS), Red Robin Gourmet Burgers, Inc (RRGB), Starbucks Corporation (SBUX), Sunoco, Inc (SUN), VeriSign, Inc (VRSN)
CBS Corporation, (CBS): Founded in 1986, headquartered in New York, New York, CBS Corporation is a mass media company in the United States and Internationally.
Market is expecting a profit of 22 cents a share for the quarter ended September 2009, a drop of 18 cents compared to its actual profit of 40 cents a share in the same quarter a year ago. The company posted a profit of 34 cents a share and 8 cents a share in the quarters ended December 2008, and June 2009 respectively, where as it posted a loss of 8 cents in the quarter ended March 2009.
Currently trading at around $11 dollars with an average volume of 13 million shares a day. CBS is in my SHORT sell watch list for short term trading. Watch for earnings on Thursday November 05, 2009 after market close.
Red Robin Gourmet Burgers, Inc., (RRGB): Founded in 1969, headquartered in Greenwood Village, Colorado, Red Robin operates and franchises casual dining restaurants that serve gourmet burgers in the United States and Canada.
Market is expecting a profit of 37 cents a share for the quarter ended September 2009, a drop of 8 cents compared to its actual profit of 45 cents it posted in the same quarter a year ago. The company posted a profit of 43 cents, 47 cents, and 41 cents a share in the quarters ended December 2008, March 2009, and June 2009 respectively.
Red Robin is in my BUY watch list for short term trading. Watch for earnings on Thursday November 05, 2009 after market close.
Starbucks Corporation, (SBUX): Founded in 1985, based in Seattle, Washington, Starbucks Corporation engages in the purchase, roasting, and sale of whole bean coffee worldwide through its retail stores.
Market is expecting a profit of 21 cents a share for the quarter ended September 2009, a jump of 11 cents compared to its actual profit of 10 cents it posted in the same quarter a year ago. The company posted a profit of 15 cents, 16 cents and 24 cents a share for quarters ended December 2008, March 2009, and June 2009 respectively.
Currently trading at around 19 dollars a share, with an average volume of 11 million shares a day. Starbucks is in my BUY watch list for short term trading. Watch for earnings on Thursday November 05, 2009 after market close.
Sunoco, Inc., (SUN): Founded in 1886, based in Philadelphia, Pennsylvania, Sunoco, manufactures and markets various petroleum products, including fuels, lubricants, and petrochemicals in the United States.
Market is expecting a loss of 11 cents a share for the quarter ended September 2009, a drop of $4.89 compared to its actual profit it posted in the same quarter a year ago. The company posted a profit of $2.68 and $0.50 a share in the quarters ended December 2008, and March 2009 respectively, where as it posted a loss of 27 cents a share in the quarter ended June 2009.
Currently trading around $30 with an average volume of about 3 million shares a day. SUN is in my SHORT sell watch list for short term trading. Watch for earnings on Thursday November 05, 2009 after market close.
VeriSign, Inc., (VRSN): Founded in 1995, headquartered in Mountain View, California, Verisign provides infrastructure services to various networks worldwide.
Market is expecting a profit of 32 cents a share for the quarter ended September 2009, a jump of 7 cents a share compared to its actual profit it posted in the same quarter a year ago. The company posted a profit of 28 cents, 32 cents, and 31 cents a share in the quarters ended December 2008, March 2009, and June 2009 respectively.
Currently trading at around 23 dollars with an average volume of 4.3 million shares a day. VRSN is in my SHORT sell watch list for short term trading. Watch for earnings release on Thursday November 05, 2009 after market close.
