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  • Hot Stocks to Watch | Friday | 05/28/2010 | HEV | MENT | BCSI |

    Akorn
    Friday May 28th, 2010 at 05:22 am EST

    Hot Stocks for Friday 05/28/2010  
    HEV, MENT, BCSI


    Dear Traders,

    Hot stocks to watch on Friday 05/28/2010  are
    HEV - Ener1, Inc.
    MENT - Mentor Graphics Corporation
    BCSI - Blue Coat Systems, Inc.

    Liked it ??? then Sign up for Daily alerts now

    HEV - Definitely a positive news for Ener1. Good chances of profits upto 25% on Friday.
    Ener1, Inc. Agrees To Joint Venture With Wanxiang 
    Indiana-based EnerDel announced that its parent company Ener1, Inc. signed a binding letter of intent (LOI) for a new joint venture with the electric vehicle division of Wanxiang. The joint venture will begin producing battery systems in 2010 for Wanxiang's existing backlog of customers in China in the passenger and heavy-duty market segments, with the intention to expand to new customers and new geographies.
    Source : Reuters

    MENT- Carl Icahn is known to enter companies which he considers are undervalued and takes necessary steps to increase the value of the company, chiefly by selling the company at higher price. He is trying to do the same with Biogen Idec Inc. (BIIB) and Genzyme Corporation(GENZ). This can lead MENT to new highs. keep it in your watch-list.
    News
    Icahn picks up Mentor stake, to seek board discussion
    Activist investor Carl Icahn reported a 6.86 percent stake in chip-design software maker Mentor Graphics Corp (MENT.O) and said he intends to discuss ways to maximize shareholder value with the management.
    Source : Reuters

    BCSI -  Blue Coat Systems swung to a fiscal fourth-quarter profit following prior-year charges as demand growth was driven by customers' network upgrades and efforts to stop malicious attacks and maintain regulatory compliance. But shares sank 16% to $24.25 in after-hours trading as the network security and management company predicted first-quarter adjusted earnings that only met expectations at the top and revenue that missed.
    News
    Blue Coat Reports Fourth Quarter and Year Ended April 30, 2010 Results
    Blue Coat Systems, Inc. (NASDAQ:BCSI), the technology leader in Application Delivery Networking, today reported its financial results for its fourth fiscal quarter and fiscal year ended April 30, 2010. Total net revenue for the fourth quarter of fiscal 2010 was $132.6 million, an increase of 17% compared with net revenue of $113.6 million in the fourth quarter of fiscal 2009, and an increase of 4% compared with net revenue of $127.1 million in the third quarter of fiscal 2010.
    Source : BusinessWire


    Work smart Today to enjoy your Tomorrow.

    God Bless,
    Be Rich.

     
    Updated Everyday :
    Top   Stocks to Watch Today. Do your own Research on these and find out your pick. Good Luck.


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