Investing

52-Week Low Club (GY, GSAT, LIOX, NCC, PLA, SWWC, WNR)

Today didn’t look like the normal 52-week low brigade.  Usually there is a massive implosion of some sort that took a stock under.  Most of these were just more selling trends on news that has already been out.  Here are today’s featured lows:

  • GenCorp Inc. (NYSE: GY) wasn’t under its 52-week low in the last hour today, but hit $8.23 vs. an $8.28 prior. Aerospace & Defense and Real Estate. Bad combo.
  • Globalstar (NASDAQ: GSAT) got back above its prior $3.08 low over the last 52-weeks, but this one just seems to keep getting worse.
  • Lionbridge Technologies Inc. (NASDAQ: LIOX) was down at $2.66, under the $2.70 to $6.29 range.  It looks like the lion’s roar is is a meow, at best.
  • National Citiy Corp (NYSE: NCC) was down over 4% at $5.55, under the $5.76 to $35.86 range.
  • Playboy (NYSE: PLA) going from bad to worse, and still not a cheap stock.  Down another 7% at $6.00 late in the day with a $6.38 to $12.00 52-week range.  If this keeps up Heff might have to turn in that mansion, and his activities too.
  • Southwest Water (NASDAQ: SWWC) managed to get back above the 52-week lows of $10.52 today, but water (and water utilities) is supposed to be one of those safe sectors.
  • Western Refining (NYSE: WNR) merely hit its prior low of $7.81 today.  But this stock was at $66.00 over the last year.

Jon C. Ogg
May 16, 2008

Credit Card Companies Are Doing Something Nuts

Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.

It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.

We’ve assembled some of the best credit cards for users today.  Don’t miss these offers because they won’t be this good forever.

 

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.