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Today’s Long and Short of It includes RF Micro Devices, Inc. (NASDAQ:RFMD) – LONG, Netflix, Inc. (NASDAQ:NFLX) – LONG, and Intel Corporation (NASDAQ:INTC) – SHORT.
Sep 2ndDespite yesterday's huge rally, once quality tech stocks like Hewlett-Packard Company (NYSE:HPQ), Research In Motion Limited (NASDAQ:RIMM), and Activision Blizzard, Inc. (NASDAQ:ATVI) are still trading near 52-week lows, so are these stocks bargains or just dangerous?
Sep 2ndResearch In Motion Limited (NASDAQ:RIMM) shares have lost 1/4 of their value in the past 30 days and to make matters worse its stock hit a new 52-week low today of $42.87.
Aug 31stIf you ask Cort Gwon from FBN Securities he recommends going long Safeway Inc. (NYSE:SWY) and short The Kroger Co. (NYSE:KR) according to this weekend's Barron's article.
Aug 28thThe iShares Silver Trust (ETF) (NYSE:SLV) and SPDR Gold Trust (ETF) (NYSE:GLD) are staying close to their respective 52-week highs and investors continue to pile into silver and gold as a hedge to the increased volatility in U.S. equities.
Aug 25th247WallSt.com lists three quality safe/defensive stocks to add to your portfolio, those stocks include Church & Dwight Co. Inc. (NYSE:CHD), Johnson & Johnson (NYSE:JNJ), and NextEra Energy, Inc. (NYSE:NEE).
Aug 24thExxon Mobil Corp. (NYSE:XOM) shares have fallen $3.99 or 6.35% since August 2nd, and as the darling among the gas/oil companies its stock could be headed for a comeback.
Aug 21stResearch in Motion Limited (NASDAQ:RIMM) shares hit $47.96 today, that's 0.5% away from a new 52-week low, and the day is far from over -- the pain continues for RIM shareholders.
Aug 20thCitigroup Inc. (NYSE:C) shares are the most traded stock in the world, daily volume always surpasses 415 million shares and this week it appears that its share price is destined to trade below $4. But how long can that really last and what does Wall Street think about the future of Citi shares?
Aug 19th
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