Wednesday, January 03, 2007

Standout Stocks

My Stock of the Day is BE Aerospace (BEAV)

The company came out today and said it will raise its financial guidance when it reports in February. They said that they expect to report record revenues, operating earnings, and backlog. Moreover, the backlog gives them confidence that they will report another record year of financial performance in 2007.

The stock is spiking back above its 50-day today, on rising volume. It is also bucking the major weakness that has developed in the market.

Other stocks making notable, high-volume moves include:

  • LAYN

  • LFC

  • CHL

  • BMC

  • CHIC

  • KMX

  • TTM

  • RL

  • TTI

  • SJT

  • VE

  • AXE

  • XRTX

  • CNX

  • ARTC

  • WFT

long BEAV


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