Breakout Stocks: Power One Inc (NASDAQ:PWER), Nokia Corporation (ADR) (NYSE:NOK), Rite Aid Corporation (NYSE:RAD)

Posted by Ryan Mandell April 22, 2013 0 Comment 869 views

Northern, WI 04/22/2013 (GDPInsider) –  Power One Inc (NASDAQ:PWER) is currently trading up 56.68%. The stock opened at $6.32 and has been on the uptick for most of today’s trading. News that the renewable energy company has been bought by Zurich based ABB Ltd provided a lift for investors. Trading volume for the day is 54.92 million and analysts have predicted that EPS for PWER will jump a massive 42.86%. The company has net cash of $266 million which has been snapped up as part of the deal.

Is PWER a solid investment at these levels? Get valuable updates and exclusive insights here.

Nokia Corporation (ADR) (NYSE:NOK) opened at $3.10, a slight jump on the previous close of $3.07. The stock is currently trading up 1.04% and has an average trading volume of 47.73 million shares. At present trading levels the stock is up 90.31% on its 52-week low of $1.63 although down 12.81% on its 50-day moving average. The stock has a forward P/E of 21.93 and has a market cap of $11.81 billion. Analysts predict that EPS will rise 133.33% next year. There are 3.85 billion shares outstanding in the technology and communications company and 11.68% of shares are institutionally owned.

How Should Investors Trade NOK Now? Get key and important information right here.

Rite Aid Corporation (NYSE:RAD) opened at $2.48 and is currently 1.02% in today’s trading session. Trading low for the day is $2.45 and trading high is $2.50. The stock which has achieved a new 52-week high is presently trading 36.70% above its 50-day moving average. Trading volume is currently 8.19 million shares and 903.83 million shares are outstanding. Insider transactions for Rite Aid Corporation is down 72.55% and EPS predicted for the current trading year is expected to rise 127.72%.

How Should Investors Trade RAD Now? Get the latest trends and data here.

About Ryan Mandell

Ryan Mandell is our senior staff writer covering the White House for Political Report, Ryan also coordinates with the main newsroom news items and contributing write-ups on cultural, social and political activities. Ryan holds an undergraduate degree in journalism, a Doctorate in international relations and a Master Degree in mass communications with an emphasis in print journalism. Ryan also covered the International Society of Social Defense congress in Spain in 2007 and taken part in the Global Forum on economic policies

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