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We've scoured Twitter and determined |
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10 of the top stocks from Twitter. |
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Released on Wednesday, December 7, 2011, 8:00 AM ET
Pittsburgh, PA (SpeculatingStocks) - A lot of discussion of stocks goes on within Twitter. We identify stocks that are trending on Twitter and release our Top 10 Twitter stocks to you. These are stocks receiving a good amount of attention on Twitter.
AMZN (Amazon.com, Inc.) – Amazon is a company that is doing a lot of things right. They are run by Jeff Bezos who has a lot of characteristics of a Steve Jobs type. Amazon has made strong moves introducing the low cost Kindle Fire tablet, which is actually sold at a loss to the company. The company does expect to make book sales and app sales on it that are expected to take it profitable. AMZN has trended up from the $100 level in late 2009 to as high as $246 a share recently. The Christmas season is a great time of year for Amazon.
BAC (Bank of America Corporation) – BAC got itself in trouble by introducing $5 monthly debit card fees earlier in the year. This came at the worse time possible for Bank of America to introduce this when US citizens were already up in arms about Wall Street (#OWS). The BAC management was short-sighted and completely missed the ball on this one. They’ve been suffering ever since and BAC is flirting with the $5.00 a share level. Bank of America ruined all the work they did in creating a great brand with one swoop and it didn’t help that they took government bailout money in the past.
BIDU (Baidu Inc.) – Baidu.com is the top search engine in China. A lot of the spotlight has been on China lately. BIDU has been trading in a range since earlier this year, mostly between $120 - $160 a share. Right now, BIDU is around $131.25 a share. Morgan Stanley announced that they are decreasing their positions in BIDU this morning. Read into that what you’d like.
ZOLL (ZOLL Medical Corporation) – This company develops, manufactures, and markets resuscitation devices and related software solutions worldwide. ZOLL trades at around a $1 billion market cap with revenue in fiscal 2011 of $523.7 million and net income of $31.28 million. It’s a growing company and looks somewhat undervalued at its current level. ZOLL has started to spike higher again recently.
SIF (SIFCO Industries Inc.) – SIFCO is involved in metalworking within three business segments: Aerospace Component Manufacturing Group; Turbine Component Services and Repair Group. SIF has moved from the $5.00 level to the $20.00 level in the last three years. The company in early November acquired the forging business and related assets from GEL Industries, Inc.
CMLP (Crestwood Midstream Partners LP) - CMLP engages in gathering, compressing, treating, processing, and transporting natural gas primarily on the Barnett Shale formation of the Fort Worth Basin in north Texas. The natural gas space is obviously a hot space right now. CMLP is near its 52-week high level of $33.00, with it now trading at around $30.76.
PRIM (Primoris Services Corporation) – This company is a specialty contractor providing a range of construction, fabrication, maintenance, replacement, water and wastewater, and product engineering services. This stock has been attractive to investors with shares moving from the $10.00 level in early October to around $14.99 now. PRIM just announced new contracts valued at over $181 million for industrial, wastewater, and infrastructure projects in Florida, Louisiana, and Texas. Primoris has been around since 1946.
MW (Men’s Wearhouse, Inc.) – MW hasn’t been a bad stock for investors to own since 2009. It’s moved up from the $10.00 level to over $30.00 at one point earlier this year. MW released earnings after the bell on Tuesday, December 6th with their profit growing 58% in Q3 as it raised prices and filled bigger orders.
C (Citigroup, Inc.) – This is trending so much on Twitter because the company announced that they were cutting 4,500 jobs.
AAPL (Apple Inc.) – This is a perennial stock trender on Twitter. Investors and traders love to talk about Apple. AAPL shares look really cheap right now, but investors are spooked over their last quarter results and the uncertainty around Tim Cook being the new leader of the company replacing the great Steve Jobs. It sounds like Apple will be releasing their iTV in 2012 and the iPhone and iPad haven’t shown any signs of slowing. We believe AAPL shares will hit a new 52-week high in the near future.
Follow Twitter Stocks throughout each trading through our “Twitter Buzz” section on our SpeculatingStocks homepage.
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