Tuesday, November 14, 2006

Standout Stocks

My Stock of the Day is MEMC Electronics (WFR).

The stock is up nicely today, and is just breaking back above its 50-day moving average. This stock sold off following its recent upbeat earnings report. I thought it was an overreaction to results, and that any dip would be brief.

The stock remains cheap based on a forward P/E basis, and fundamentals appear solid.

Other stocks making notable, high-volume moves include:
  • DKS
  • LVS
  • AXR
  • ICE
  • CTSH
  • RKT
  • TWGP
  • NICE
  • CCRN
  • BKD
  • WTS
  • VOLC
  • NSC

long WFR


Post a Comment

<< Home