Tuesday, December 12, 2006

Standout Stocks

I debated even posting a Stock of the Day today. But if I had to, I would pinpoint General Electric (GE).

The stock is up nicely, in a down market, after reaffirming EPS guidance and raising its dividend. Management expects EPS growth in 2007 of +10-13%, and believes they are ideally positioned.

The stock is spiking above its 50-day average, on a big surge in volume.

Other stocks making notable, high-volume moves include:

  • PAY

  • DAKT

  • HANS

  • CRM

  • MICC

  • COO

  • BBY

  • SEH

  • NAV

  • RS

  • ACLI

  • NUE

long GE


At 1:14 PM, Blogger goldbucks said...

With the market consolidating sideways over the past 4 days (or at least very narrow gains/losses) are you bullish for the near-term (1 week to 1 month out)? Any thoughts are appreciated.

At 11:19 AM, Blogger J. Kahn said...

One week is hard to predict in the market, but I think the downside is limited here. I am more bullish over the next month.


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