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  • Stocks in Focus Thursday || 11/29/12 | RIMM | HERO | NOK | SNY |

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    Thursday Nov. 29, 2012 at 08:37 am EST

    Hot Stocks in Focus for Thursday Nov. 29, 2012. 

    Research In Motion Limited (USA)-Shares of Research In Motion Ltd have gained 46% in last one month. Shares are expected to get further boost Today after getting a "Buy" rating from Goldman Sachs. Shares are up 12% in pre-market trading.

    Hercules Offshore, Inc.(NASDAQ:HERO)-Yesterday Deutsche Bank upgraded shares of Hercules Offshore, Inc. (NASDAQ:HERO) from a hold rating to a buy rating. Deutsche Bank now has a $8.00 price target on the stock, up previously from $5.00. This can be a good long term investment given the oil industry has recovered fast from the recession.

    Nokia Corporation (ADR)(NYSE:NOK)-  Nokia Corporation (ADR)(NYSE:NOK) has been recovering steadily and is trying to gain back some of the market share that it has lost. Nokia Lumia series phones have been successful so far and the company is hopeful for getting more success with smartphones in future. Meanwhile, Canadian handset maker Research In Motion Limited (USA) has lost a contract dispute over the use of Nokia Corporation (ADR) patents in a case which could stop the sales of its BlackBerry phones if it doesn't reach a deal to pay royalties to Nokia.

    Sanofi SA (ADR)(NYSE:SNY)- Earlier in October, Sanofi SA (ADR)(NYSE:SNY) said full-year 2012 earnings will decline less than expected, despite the loss of top-selling drugs previously protected by patents, after third-quarter results beat expectations. The French drugmaker said earnings could drop around 12% in 2012. So far, Sanofi shares have gained 22% Year till date and have a mean target of reaching $50.21 in one year, thanks to its Genzyme acquisition.

    God Bless,
    Be Rich.


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