Investing

Top Day Trader Alerts (AMZN, AVNR, OREX, FFCH, JASO, RIMM, MU)

These are this morning’s top day trader and active trader alerts for Monday:

Amazon.com, Inc. (NASDAQ: AMZN) is lower after Susquehanna cut its rating on fears of a competitive eReader market.  Shares closed at $121.00 Friday, but now the stock is down 1.45% at $119.25 on relatively thin volume of under 120,000 shares.

Avanir Pharmaceuticals, Inc. (NASDAQ: AVNR) is up over 10% at $2.92 on over 60,000 shares on relatively small volume based upon weekend analysis and chatter.

Orexigen Therapeutics, Inc. (NASDAQ: OREX) is up after it announced this weekend that Contrave(R) reduced depression scores and body weight in overweight and obese patients with major depression.  Shares are up over 5% at $4.37 on over 40,000 sahres.

First Financial Holdings, Inc. (NASDAQ: FFCH) appears to be a mystery drop, or appears to be a rogue/bad print.  There are 25,000 shares that traded at $7.95 after a $12.19 close on Friday.  The indications are $11 to $14 still, so treat this as a bad print.

JA Solar Holdings, Co., Ltd. (NASDAQ: JASO) was one of the few positive mentions by Goldman Sachs with a raise to Buy anjd a $7.50 price target.  Shares are up over 3% at $4.94 on more than 50,000 shares.

Research in Motion Limited (NASDAQ: RIMM) is up this morning after Raymond James upgraded it despite a cautious note from Barron’s.  Shares closed at $52.23, but are up 0.65% at $52.57 on about 100,000 shares.  Be advised that $54.30 was the prior 52-week low before Friday.  The old saying is that stocks hitting new 52-week highs or lows tend to keep hitting more.

Micron Technology, Inc. (NASDAQ: MU) is higher this morning after a SEMICON report shows Apple sustaining Flash, good for Samsung, Micron, Tosgiba and Hynix.  Shares are up over 2.5% at $9.70 on almost 100,000 shares.

You can join our free daily email distribution list to hear more about dividend trends, analyst upgrades and downgrades, top day trader and active trader alerts, news on Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

Sponsor: 26 Cheap Stocks to Sell – Cheap stocks have been on a tear recently, but nine out of ten stocks are circling the drain!

It’s Your Money, Your Future—Own It (sponsor)

Are you ahead, or behind on retirement? For families with more than $500,000 saved for retirement, finding a financial advisor who puts your interest first can be the difference, and today it’s easier than ever. SmartAsset’s free tool matches you with up to three fiduciary financial advisors who serve your area in minutes. Each advisor has been carefully vetted and must act in your best interests. Start your search now.

If you’ve saved and built a substantial nest egg for you and your family, don’t delay; get started right here and help your retirement dreams become a retirement reality.

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

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.