Tuesday, November 21, 2006

Standout Stocks

My Stock of the Day is Focus Media (FMCN). Actually, this was my stock of the day from last Friday, but I thought it was worth highlighting again today.

The company beat estimates by 6 cents last night. Gross margins also improved nicely to 65.3% in Q3. And the CEO said, "We continue to see strong leverage in our business model."

This has the stock gapping some +12% higher today, on surging volume. With the earnings report out of the way, I could see this stock making new highs ($70) soon.

Other stocks making notable, high-volume moves include:
  • MWRK
  • PVH
  • JWN
  • IAAC
  • GROW
  • FMD
  • DY
  • CROX
  • GHCI
  • EYE
  • ZOLL
  • CENT


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