Pandora Media and 4 NYSE Stocks with HUGE Gains
Pandora Media, Inc. (NYSE:P): Internet radio has been all the rage in recent years, and heavily-shorted Pandora saw a big increase in its shares as a result of its FQ1 beat and strong FY13 guidance. Needham reiterated its “Buy” rating, as did Maxim Group, who thinks Pandora’s sales investments are paying off. Shares closed at $11.60, up 12.29%, and they have traded in a 52-week range of $7.83 to $26.00.
US Airways Group, Inc. (NYSE:LCC): Good news is in flight for airline stocks, with US Airways and United Continental heading the pack. JPMorgan’s Jamie Baker said earnings estimates don’t reflect the positive impact of lower jet fuel prices. US Airways shares rose 10.55% and closed at $12.16, and they have traded in a 52-week range of $3.96 to $11.73.
Flowers Foods, Inc. (NYSE:FLO): The common adage goes, “April showers bring May flowers,” and the same seems to extend to the flower food sector. With positive Q1 revenue results at $898.2M and a consensus $889.74M, Flowers Foods shares went up 7.15% to $20.99. They have traded in a 52-week range of $17.79 to $23.13.
PVH Corp. (NYSE:PVH): Great news was in store for Phillips-Van Heusen, whose shares ran up an outsized gain following its moderate earnings beat and Q2 guidance. Jim Cramer attributed the success to a “huge short squeeze” via Twitter. PVH shares closed at $82.38 after rising 6.48%, and they have traded in a 52-week range of $51.15 to $93.06.
Trina Solar Limited (NYSE:TSL): Going green seems to be a hot-button issue in China right now, and the Chinese government has accused the U.S. of violating free trade rules by supporting six unidentified renewable energy projects, according to the Associated Press. Though LDK Solar was hit hard by the news, Trina came by unscathed, and actually saw its stock rise 5.77% to $5.87. They have traded in a 52-week range of $5.01 to $23.64.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.