Monday, January 22, 2007

Standout Stocks

My Stock of the Day is Energy Conversion Devices (ENER)

The stock got a big upgrade today, with the analyst putting a whopping $65 price target on it.

One of its big customers, who had delayed some orders, is said to be resuming shipments. Also, rumor is that Wal-Mart has issued some RFPs to the company.

It also has its phase-change memory unit, which could offer upside to this year's estimates. I also think the stock may be benefitting from sentiment ahead of the President's State of the Union speech, where he could talk about alternative energy initiatives.

Other stocks making notable, high-volume moves include:

  • USAP

  • VIP

  • MICC

  • EDU

  • JCI

  • DSW

  • WRLD

  • RNR

  • AXR

  • ALD

  • CENT

  • ETN

  • UA

  • BRLI

  • COO

  • SIGM

long ENER


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