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  • Stocks to Buy on Tuesday - August 3, 2010 - SYKE, HLF, GUID, RIMM

    yahoo latest LOGO
    Tuesday Aug 3, 2010, 08:24 pm EST

    Hot Stocks to Watch on Tuesday 08/03/2010 -  SYKE, HLF, GUID, RIMM

    Dear Traders,

    Hot Stocks to Watch Tuesday 08/03/2010  are
    SYKE - Sykes Enterprises, Incorporated
    HLF- Herbalife Ltd.
    GUID - Guidance Software, Inc.
    RIMM - Research In Motion Limited (USA)



    SYKE - Sykes Enterprises, Incorporated (NASDAQ:SYKE)
    Business process outsourcing company Sykes Enterprises Inc (NASDAQ:SYKE) posted a weak quarterly profit, hurt by lower-than-forecasted client demand, and slashed its full-year view. Shares were down 31% in after hour trading. The company announced that 2010 adjusted earnings will be 81 cents to 83 cents, a share, on revenue of $1.17 billion to $1.18 billion. It had earlier forecast earnings of $1.33 a share to $1.50 a share, on revenue of $1.23 billion to $1.25 billion. It will be a good buy at heavy dips.

    HLF - Herbalife Ltd. (NYSE:HLF)
    Herbalife Ltd (NYSE: HLF) announced on Monday that it expects third quarter earnings of $0.99 to $1.03 per share and 2010 earnings of $4.30 to $4.40 per share. The company's previous guidance for 2010 earnings was of $3.80 to $3.90 per share and 3rd quarter earnings expectations of $0.98 per share.


    GUID - Guidance Software, Inc.(NASDAQ:GUID)
    Looks like a good day for earnings. Guidance Software Inc (NASDAQ:GUID) said it expects 2010 earnings of $0.03 to $0.04 per share on revenue of $84.0 million to $88.0 million compared to their earlier guidance guidance of $80.0 million to $84.0 million. Shares are expected to spike around 15%.

    RIMM - Research In Motion Limited (USA)

    As you might have heard, Android had gained a considerable share in the smart-phone market. But still the king of the smartphone market remains RIM. BlackBerry users account for 33 percent of overall smartphone owners. If the report is any indication however, RIM won't be on top for long. Only 42 percent of BlackBerry owners say they want to keep the device, with 29 percent interested in switching to the iPhone, and 21 percent considering an Android handset. Blackberry might announce a new iPhone competitor soon. Analysts are expecting that announcement to come today during their press conference. A true competitor to iPhone is necessary for Blackberry to stay in the market.



    God Bless,
    Be Rich.



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