Investing

Top Active Trader Alert Stocks (ADBE, BRCM, BWLD, DWA, EQIX, FFIV, GTXI, JDAS, MCK, PNRA, RFMD, SIMG, S)

Active traders and day traders have many stocks to choose from this Tuesday morning.  We are tracking news and moves in shares of Adobe Systems Incorporated (NASDAQ: ADBE), Broadcom Corporation (NASDAQ: BRCM), Buffalo Wild Wings, Inc. (NASDAQ: BWLD), Dreamworks Animation SKG, Inc. (NASDAQ: DWA), Equinix, Inc. (NASDAQ: EQIX), F5 Networks, Inc. (NASDAQ: FFIV), GTx, Inc. (NASDAQ: GTXI), JDA Software Group, Inc. (NASDAQ: JDAS), McKesson Corporation (NYSE: MCK), Panera Bread Co. (NASDAQ: PNRA), RF Micro Devices, Inc. (NASDAQ: RFMD), Silicon Image, Inc. (NASDAQ: SIMG), and Sprint Nextel Corp. (NYSE: S).

Adobe Systems Incorporated (NASDAQ: ADBE) is so far not moving much but it may be very active today at at its annual analyst meeting.  the company is targeting 10% revenue growth in fiscal year 2011 and gave an intra-quarter business update within the range of its prior guidance: revenue of $950 million to $1 billion, non-GAAP diluted earnings per share of $0.48 to $0.54 and a non-GAAP operating margin of 37-38%.

Broadcom Corporation (NASDAQ: BRCM) is doing even better this morning after it beat earnings, announced that it was paying about $86 million to buy Percello Ltd. for its a system on chip (SoC) design targeting femtocells, and announced that it was going to raise $600 million in debt.  The stock was up 5.5% at $39.28 after the close in after-hours trading on last look, but this morning is showing a gain of 10.5% at $41.15 on over 500,000 shares.  This marks a 52-week high as the range was $25.76 to $38.47 before today.

Buffalo Wild Wings, Inc. (NASDAQ: BWLD) fell after it beat earnings but same store sales fell rather than gained.  The wings and beer (and more) chain was down almost 6% at $45.65 on last look last night and the stock is down 6.5% at $45.40 in pre-market trading.

Dreamworks Animation SKG, Inc. (NASDAQ: DWA) rose after earnings beat estimates handily.  Shares were up almost 5% at $36.00 on last look last night, but the stock is up 7.7% at $37.00 this morning versus a 52-week range of $26.61 to $44.77.

Equinix, Inc. (NASDAQ: EQIX) rose in after-hours after reporting positive earnings.  Shares were up as much as 6.4% at $81.50 last night, but the stock is up about 5.2% at $80.55 on thin volume this morning.

F5 Networks, Inc. (NASDAQ: FFIV) looks more like high-five after beating earnings and guidance are helping a surge.   Shares are up 10% at $112.80 on nearly 200,000 shares this morning.  This may be a 52-week high if it holds as the trading range of the last year is $43.50 to $112.05.

GTx, Inc. (NASDAQ: GTXI) is lower again on a proposed secondary stock offering.  Shares were down 10% at $2.87 in after-hours trading, and the stock is still down 10.6% at $2.85 on over 60,000 shares pre-market.  An average day is only about 90,000 shares.

JDA Software Group, Inc. (NASDAQ: JDAS) rose after earnings on thin trading volume last night and this morning. The after-hours gain was about 8% at $23.95 after having been north of $24.00 briefly last night, but the gain this morning appears to be closer to 14% at $25.25.

McKesson Corporation (NYSE: MCK) looked a tad light on the earnings, but it maintained its fiscal year targets and set a $1 billion stock buyback plan.  Shares were up almost 7% at $66.15 on last look this morning.

Panera Bread Co. (NASDAQ: PNRA) fell after the food chain basically met estimates.  Shares were down 4.6% at $89.95 in the after-hours session on last look last night and the move this morning has shares down 5.2% at $89.43 on thin volume.

Silicon Image, Inc. (NASDAQ: SIMG) beat earnings and raised guidance last night.  Shares were up 25% at $5.70 in the after-hours trading and the stock is now up even a bit more as the gain is shown as 30% at $5.95 on nearly 300,000 shares pre-market.

Sprint Nextel Corp. (NYSE: S) reported a slightly wider loss than expected, and shares are getting hit.  Shares are down 4.25 at $4.57 and there has already been more than 11 million shares traded this morning with almost an hour left before the open.

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

 

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