- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Research In Motion Limited (NASDAQ:RIMM): Citigroup noted that Research in Motion Limited shares were sold off last night after it became clear during the earnings conference call that RIM will receive much lower rates on their highly profitable services. Citi said that Research in Motion’s services will materially and structurally shift lower with the new BB10 products. The firm recommends not chasing the stock and keeps a Sell rating on the name in spite of raising its price target from $5 to $6 .
Noble Corp. (NYSE:NE): Citigroup said that Noble Corp. is the best positioned offshore driller for 2013 and keeps a Buy rating on the stock with a $46 price target. The firm thinks shares are undervalued in spite of the 20% gain in 2012.
Catalysts are critical to discovering winning stocks. Check out our newest CHEAT SHEET stock picks now.
Nike Inc. (NYSE:NKE): UBS believes that Nike Inc.’s better than expected second quarter report sets the stage for accelerating earnings per share growth. The firm said North American futures have accelerated and China futures indicate the worst is over. Nike is the firm’s top apparel/footwear pick. Shares are Buy rated with a $115 price target, raised from $106.
Shutterfly, Inc. (NASDAQ:SFLY): After conducting checks, Cantor believes that Shutterfly, Inc.’s promotional intensity is down while its paid clicks are growing strongly. The firm thinks the data bodes well for the company’s Q4 results and it maintains a Buy rating.
Insulet Corporation (NASDAQ:PODD): Canaccord named Insulet Corporation as a top growth pick for 2013. This is based on their new product cycle which should accelerate revenue growth and improve operating results. Shares are Buy rated with a new price target of $29, up from $24.50.
Don’t Miss: Is GE’s New Acquisition a Smart Play?
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.