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