DELAFIELD, Wis. (Stockpickr) -- Trading stocks that trigger major breakouts can lead to massive profits. Once a stock trends to a new high, or takes out a prior overhead resistance point, then it's free to find new buyers and momentum players that can ultimately push the stock significantly higher.
One example of a successful breakout trade I flagged recently was trucking player YRC Worldwide (YRCW), which I featured in Dec. 12's "5 Stocks Under $10 Set to Soar" at $9.71 share. I mentioned in that piece that shares of YRCW had recently formed a triple bottom chart pattern at $7.06, $7.20 and $7.44 a share. Following that bottom, shares of YRCW were starting to reverse its downtrend and enter a new uptrend, since the stock was moving higher from its low of $7.06 to its recent high of $10.50 a share. That move was quickly pushing shares of YRCW within range of triggering a major breakout trade above some near-term overhead resistance levels at $10.63 to $10.87 a share.
Guess what happened? Shares of YRCW triggered that breakout the following trading session with monster upside volume. This stock has continued to uptrend and soar higher since taking out those key resistance levels with bullish upside volume flows. Shares of YRCW tagged a recent high on Dec. 23 of $20.58 a share. That represents a massive gain of over 100% in just a few weeks for anyone who bought this breakout. As you can see, trading breakouts that trigger with strong volume can produce monster profits in very short timeframes.
Top 5 Food Companies To Invest In 2015: AVEO Pharmaceuticals Inc.(AVEO)
AVEO Pharmaceuticals, Inc., a biopharmaceutical company, engages in the discovery and development of cancer therapeutics. The company?s lead product candidate, Tivozanib (AV-951), is a novel, highly potent and selective oral inhibitor of the vascular endothelial growth factor, or VEGF, receptors 1, 2, and 3. It is also leading the clinical development of AV-299, which includes conducting multiple Phase I clinical trials and preparing for the conduct of multiple Phase II clinical trials. The company?s product candidate in preclinical development is AV-203, a potent ErbB3 antibody that has demonstrated efficacy in vivo. It has strategic partnerships with OSI Pharmaceuticals, Inc., Merck, and Biogen Idec, Inc. AVEO Pharmaceuticals was formerly known as GenPath Pharmaceuticals, Inc. and changed its name to AVEO Pharmaceuticals, Inc. in March 2005. The company was founded in 2001 and is based in Cambridge, Massachusetts.
Advisors' Opinion:- [By Sean Williams]
Finally, clinical-stage cancer drug developer AVEO Pharmaceuticals (NASDAQ: AVEO ) certainly shook things up this week by announcing it will be laying off 140 employees or 62% of its staff to cut its expenses and extend its existing cash balance for another two years. Furthermore, AVEO outlined its plan to focus on developing its lead cancer drug, Tivozanib, for breast and colorectal cancer, but not for renal cell carcinoma. Management noted that it doesn't believe the FDA would approve Tivozanib for RCC without the need for additional testing that it isn't prepared to do right now, with Astellas Pharma having backed out of their development partnership.�
- [By Sean Williams]
AVEO Pharmaceuticals (NASDAQ: AVEO ) shareholders would just assume bury their heads in the sand following an FDA panel meeting that delivered a 13-to-1 vote against recommending metastatic renal cell carcinoma drug Tivozanib for approval. If you recall, Tivozanib delivered statistically better progression-free survival results in a late-stage head-to-head against Onyx Pharmaceuticals'�and Bayer's Nexavar, but its median overall survival slightly lagged Nexavar. For AVEO to justify the benefits of Tivozanib, another trial seems all but inevitable. AVEO shares fell a whopping 67% on the week.
- [By David Williamson]
In this video, health-care analyst David Williamson walks investors through today's Aveo Pharmaceuticals� (NASDAQ: AVEO ) bloodbath. Shares are down 50% as an FDA advisory committee voted overwhelmingly against its drug candidate tivozanib. Find out why the decision shook out like it did, and if Aveo is a bad news buy after today's extreme plunge.
Top 10 Trucking Stocks To Watch Right Now: Take-Two Interactive Software Inc.(TTWO)
Take-Two Interactive Software, Inc. publishes, develops, and distributes interactive entertainment software, hardware, and accessories worldwide. The company develops and publishes software titles for various gaming and entertainment hardware platforms, including PlayStation3 and PlayStation2 computer entertainment systems, PlayStation Portable system, Xbox 360 video game and entertainment system, and Wii and DS systems, as well as for the personal computer and games for Windows. It offers products through its wholly owned labels Rockstar Games and 2K, which publishes titles under 2K Games, 2K Sports, and 2K Play. The company, through its subsidiary, Jack of All Games, also distributes software, hardware, and accessories in North America. Its proprietary brand franchises include Grand Theft Auto; Sid Meier's Civilization; Max Payne; Midnight Club; Manhunt; Red Dead Revolver; Bully; BioShock; Sid Meier's Railroads!; Sid Meier's Pirates!; Carnival Games; and Top Spin, as wel l as licensed brands comprise the sports games Major League Baseball 2K; NBA 2K; and NHL 2K. The company sells its software titles to retail outlets through direct relationships with large retail customers and third party distributors. Its customers include mass merchandisers, specialty retailers, video stores, electronics stores, toy stores, national and regional drug stores, and supermarket and discount store chains. The company was founded in 1993 and is headquartered in New York, New York.
Advisors' Opinion:- [By Blake Bos]
Pre-orders for both the Playstation 4 and the Xbox One are sold out on Gamestop, and in this video, Motley Fool consumer goods analyst Blake Bos asks the question, "Does that mean it's time for investors to take a look at game developer stocks?" He compares the three big game developers listed on the U.S. exchanges --�Take-Two Interactive (NASDAQ: TTWO ) , Electronic Arts (NASDAQ: EA ) , and Activision Blizzard (NASDAQ: ATVI ) �-- and gives investors his favorite pick of the bunch.
- [By Rick Munarriz]
Let's go over a few reasons to worry as Activision Blizzard steps up to report.
Analysts see a brutal quarter with revenue falling 43% and earnings falling even harder. Wall Street's forecasting a profit of $0.06 a share, well off the $0.20 a share it earned a year earlier. World of Warcraft players continue to defect from the massive multiplayer game. The game peaked in popularity with more than 12 million active accounts three years ago. We're now down to 8 million -- and falling. Last year's sleeper hit -- Skylanders: Spyro's Adventures -- will be challenged in a few weeks. Disney's (NYSE: DIS ) Disney Infinity takes the same model of physical figures that can enter a virtual world when planted on a base. Skylanders was the industry's hottest seller through the first half of 2012, but now we're seeing Activision Blizzard turn to deep discounts to get young gamers hooked before Disney steps in next month. The video game industry has been declining for four years, but diehard gamers feel that November's debut of PS4 and Xbox One will breathe new life into the niche. That may be wishful thinking, and at the very least it will take a couple of years before either platform grows into a substantial base of players. Call of Duty: Ghosts also happens to hit the market in November. This is the franchise that has been Activision Blizzard's saving grace as other once-popular lines fall out of favor. It should set new sales records, but it won't be easy. Gamers saving up for new platforms or those concerned about buying too many games for current generation systems may be more hesitant than usual this time. Take-Two Interactive's (NASDAQ: TTWO ) Grand Theft Auto IV held the sales record before Activision Blizzard's Call of Duty games took the lead. After more than five years, Grand Theft Auto V hits the market in September. If Call of Duty: Ghosts fails to raise the bar for initial unit sales, don't be surprised if the finger gets poi - [By Tim Beyers]
GTA V, the latest in Take-Two Interactive's (NASDAQ: TTWO ) multibillion-dollar Grand Theft Auto franchise. A recent trailer for the new game has garnered more than 6 million views as of this writing. Don't be surprised if this game, which is due to hit stores in September, captures the bulk of the buzz coming out of E3.
- [By Maria Armental var popups = dojo.query(".socialByline .popC"); popups.forEach]
Take-Two Interactive Software Inc.(TTWO) swung to a fourth-quarter loss on a drop of nearly 35% in revenue, but topped analyst expectations and pointed to steady sales of new videogame titles including “Grand Theft Auto.”� Shares fell 3.4% to $19.93 premarket.
Top 10 Trucking Stocks To Watch Right Now: Volkswagen AG (VLKAF.PK)
Volkswagen AG is a Germany-based automobile manufacturer. The Company develops vehicles and components, and also produces and sells vehicles, in particular Volkswagen brand passenger cars and commercial vehicles. The Company consists of two divisions: Automotive and Financial Services division. The Automotive division is responsible for the development of vehicles and engines, the production and sale of passenger cars, commercial vehicles, trucks and buses, and the genuine parts business. The Financial services division's portfolio of services includes dealer and customer services in the field of financing, leasing, direct bank, insurance and fleet business. The Company's brands include Volkswagen, Audi, Bentley, Bugatti, Lamborghini, SEAT, Skoda, Scania and Volkswagen Commercial Vehicles and each brand offers a product range from low-consumption small cars to luxury class vehicles, as well as pick ups, busses and heavy trucks in the commercial vehicle sector. Advisors' Opinion:- [By Yasir Idrees]
Nokia has already taken its Here platform to the next level after it announced the Here Connected Driving service. The Here rebranding strategy of extending Nokia's location services has helped the company reach deals with companies like BMW, Mercedes and Volkswagen (VLKAF.PK) and Connected Driving is what takes this to the next level.
Top 10 Trucking Stocks To Watch Right Now: J.C. Penney Company Inc. Holding Company(JCP)
J. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., operates department stores in the United States and Puerto Rico. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings. It also provides various services, such as styling salon, optical, portrait photography, and custom decorating. The company also sells its products through its Internet Web site, jcp.com. J. C. Penney Company, Inc. has strategic alliance with Martha Stewart Living Omnimedia, Inc. As of December 7, 2011, it operated approximately 1,100 department stores. The company was founded in 1902 and is based in Plano, Texas.
Advisors' Opinion:- [By Andrew Marder]
Spilling from last year into 2013, Macy's (NYSE: M ) and J.C. Penney (NYSE: JCP ) have been duking it out over whether or not J.C. Penney can sell Martha Stewart products in its stores. Macy's has an exclusivity agreement with Stewart, but it excludes certain lines and selling conditions. J.C. Penney has argued that the lines it sells are not covered, and that the Martha Stewart shops within stores count as stand-alone locations. A ruling on the valuable contracts is expected in August.
Top 10 Trucking Stocks To Watch Right Now: Market Leader Inc(LEDR)
Market Leader, Inc., together with its subsidiaries, provides software-as-a-service-based business and marketing solutions for real estate professionals primarily in the United States and Canada. It offers real estate agents and brokerage companies with software-as-a-service based products, as well as online lead-generation, online prospect management, online real estate portal content and advertising, and customer coaching and training solutions. The company also offers consumers with free access to the information and tools they need throughout the home buying and selling process through its national consumer real estate sites. Its consumer Web sites include: JustListed.com, a service that notifies home buyers as soon as new homes hit the market; HouseValues.com, a service, which provides home sellers with market valuations of their current homes; and HomePages.com, a real estate portal that enables consumers to see the home listings in their area, view detailed neighbor hood and school data, compare recent home sales, find local real estate agents, and find the value of their own homes. In addition, the company offers Growth Leader, a Website and customer relationship management tool for real estate agents; RealtyGenerator, a lead-generation and lead management system for real estate brokerage offices; and ActiveRain.com that provides professional networking, referral, recruitment, content syndication, and online marketing services for professionals in real estate and related businesses. Market Leader, Inc. markets its products to individual agents and brokerage offices directly, as well as through marketing partnerships with real estate franchise networks. The company was formerly known as Housevalues, Inc. and changed its name to Market Leader, Inc. in November 2008. Market Leader, Inc. was founded in 1999 and is headquartered in Kirkland, Washington.
Advisors' Opinion:- [By Michael Lewis]
For a bit of context, competitor Trulia (NYSE: TRLA ) is in negotiations to buy Market Leader (NASDAQ: LEDR ) for $355�million. Market Leader is a smaller (and growing) business that's similar to both Zillow and Trulia. Since Market Leader is still earnings negative, we can't compare it on a P/FCF basis, but we can look at other metrics. For one, Market Leader trades at a still-ridiculous-but-slightly less-so 57.2 times forward earnings. It trades at 6.4 times last year's sales. Zillow trades at 16.4 times last year's sales. Management expects sales to hit (on the high end) $182 million -- that implies a price of 10.55 times forward sales. If they double a year or two after, which would be unbelievably phenomenal, it would trade at 5.3 times sales.
Top 10 Trucking Stocks To Watch Right Now: iShares MSCI Emerging Markets ETF (EEM)
iShares MSCI Emerging Markets Index Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the MSCI Emerging Markets Index (the Index). The Index is designed to measure equity market performance in the global emerging markets. The Index was developed by Morgan Stanley Capital International Inc. as an equity benchmark for emerging market stock performance. The Index is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization. Component companies are adjusted for available float and must meet objective criteria for inclusion in the Index. The Index is reviewed quarterly.
The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. The Fund's investment advisor is Barclays Global Fund Advisors.
Advisors' Opinion:- [By Jim Jubak]
Most of the moves I saw yesterday weren't specific to the crisis, but instead, were examples of the standard response of traders to heightened risk. For example, the safe haven yen rose to 101.4 to the US dollar. The euro was off 0.43% against the dollar. Gold was up 2.15%. The iShares MSCI Emerging Markets ETF (EEM) was down 1.89%.
Top 10 Trucking Stocks To Watch Right Now: Roma Financial Corporation(ROMA)
Roma Financial Corporation operates as a holding company for Roma Bank and RomAsia Bank that provide traditional retail banking services primarily in New Jersey. The company offers current deposit products, including checking and savings accounts, money market, certificates of deposit accounts, and individual retirement accounts. It also provides one-to four-family residential mortgage loans; multi-family and commercial mortgage loans; construction loans; commercial business loans; and consumer loans comprising home equity loans and lines of credit. In addition, the company sells title insurance; performs title searches; and provides real estate settlement and closing services. It operates 23 branch offices in Mercer, Burlington, Camden, and Ocean Counties, New Jersey; and 2 branches in Monmouth Junction and Edison, New Jersey. The company was founded in 1920 and is headquartered in Robbinsville, New Jersey.
Advisors' Opinion:- [By Tim Melvin]
He also pointed out that the approaching completion of Roma Financial (ROMA) and Investors Bancorp (ISBC) has some interesting implications for bank stock investors. Both are mutual holding companies, and the newly formed bank is expected to complete the process and do a second-step conversion offering. That will be a fairly large deal, much larger than most second-step offerings, as the combined banks should be somewhere around $3 billion in market cap. There will be larger investment banks involved, complete with road shows and institutional meetings to promote the deal. The attention could well cause a revaluation of the mutual holding company and converted thrift sector of the banking market.
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