Wall St. Cheat Sheet

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Stocks to Watch in Coming Week’s Trading Action

By Dave Friedman

October 23 2011 Tweet Email This

Following is a quick look at some companies whose stocks may be in the news this coming week:

Coventry Health Care, Inc. (NYSE:CVH): Analysts speculate that this company may be a takeover target. Larger managed-care providers are likely to look toward acquisitions as a way to fund growth. The shares closed at $29.93, up $0.89, or 3.06%, on Friday. The shares have traded in a 52-week range of $23.03 to $37.86 and its market capitalization is $4.45 billion. About the company: Coventry Health Care, Inc. is a managed health care company operating health plans and insurance companies under a variety of names. The Company provides health maintenance organization, preferred provider organization, point of service, Medicare and Medicaid, and Network Rental to members in markets throughout the Midwest, Mid-Atlantic, and Southeast United States. Another company that operates in this industry is Health Net, Inc. (NYSE:HNT).
Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL): The company’s largest shareholder has increased its stake to 9.9%. It is unclear what the intention of this shareholder, Biglari Holdings, Inc., is. The shares closed at $40.03, up $0.58, or 1.47%, on Friday. The shares have traded in a 52-week range of $37.31 to $57.79 and its market capitalization is $915.15 million. About the company: Cracker Barrel Old Country Store, Inc. operates restaurants and gift shops in the United States.
Freeport-McMorRan Copper & Gold, Inc. (NYSE:FCX): The shares closed at $36.58, up $1.79, or 5.15%, on Friday. The shares have traded in a 52-week range of $28.85 to $61.35 and its market capitalization is $34.67 billion. Assuming that copper prices rise over the next several years, as analysts expect, the shares presently look very attractively valued. About the company: Freeport-McMoRan Copper & Gold, Inc., through its subsidiary, is a copper, gold and molybdenum mining company. The Company primarily mines for copper and owns mining interests in Chile and Indonesia. Freeport-McMoRan Copper & Gold also, through a subsidiary, is involved in smelting and refining of copper concentrates.
Green Mountain Coffee Roasters, Inc. (NASDAQ:GMCR): The company has been in the press in the past week because hedge fund manager David Einhorn (and others) have indicated that they have established short positions in the company’s high-flying shares. The shares closed at $67.85, down $0.24, or 0.35%, on Friday. The shares have traded in a 52-week range of $29.95 to $115.98 and its market capitalization is $10.39 billion. About the company: Green Mountain Coffee Roasters, Inc. roasts Arabica coffees and offers various coffee selections. The Company’s products include single-origin, estate, certified organic, Fair Trade, signature blends, and flavored coffees sold under the Green Mountain Coffee Roasters brand. Green Mountain serves offices, supermarkets, and convenience stores, and operates a direct mail business.
The PMI Group, Inc. (NYSE:PMI): Regulators told the company to stop writing mortgage insurance policies in August. Further, Arizona authorities seized a unit of the company that sells such coverage. The shares closed at $0308, down $0.052, or 14.56%, on Friday. The shares have traded in a 52-week range of $0.15 to $4.47 and its market capitalization is $49.85 million. About the company: The PMI Group, Inc., through its subsidiaries, provides residential mortgage insurance products that offer loss protection to mortgage lenders and investors in the event of borrower defaults in the US. The Company also offers credit enhancement solutions. PMI’s customers include mortgage lenders, depository institutions, commercial banks, and investors.
Rhino Resource Partners LP (NYSE:RNO): The company increased its dividend from $0.455 to $0.48 per share. Increasing dividend payments is generally seen as bullish because it indicates that the company is generating sufficient cash flow from its operations to pay out more cash to shareholders. The shares closed at $19.84, up $0.25, or 1.29%, on Friday. The shares have traded in a 52-week range of $15.02 to $28.23 and its market capitalization is $549.49 million. About the company: Rhino Resource Partners LP produces and markets coal in Central and Northern Appalachia. The Company markets a broad range of mid to high BTU, low to medium sulfur steam coal to a diverse base of electric utilities in the United States.
Teradata Corp. (NYSE:TDC): Analysts expects the company’s earnings to increase due to its expertise in data analytics. The shares closed at $55.50, up $0.33, or 0.6%, on Friday. The shares have traded in a 52-week range of $38.01 to $62.71 and its market capitalization is $9.34 billion. About the company: Teradata Corporation provides data warehousing solutions, including enterprise analytic technologies and services. The Company’s data warehousing solutions are comprised of software, hardware, and related business consulting and support services.