Three Trending Stocks On Social Media

Posted by Lynn Eisler November 5, 2013 0 Comment 2237 views


Tesla Motors (NASDAQ:TSLA) hours before announcement of third-quarter results is trending on stock market discussion.

The recorded sentiment, however, for the stock is nearly divided. Nearly 56% of investors are bullish as against 44% who were not too hung-up on the stock.

Currently Model S, ranks among the Top 8 in luxury car segments and is definitely an indicator of the growing interest in environmental-friendly cars. With the announcement of its next model – Tesla Model X, investor sentiments are definitely bullish.

On the other hand, GT Advanced Technologies, Inc. (NASDAQ:GTAT) a specialized semiconductor major is trending in stock picks. While most investors are drawing parallels with UNXL, is expected to soar higher with opening of trade tomorrow, Tuesday. Apple has announced a supply and furnace deal with GT Advanced. This means that Arizona will have new jobs with nearly 700 and more people likely to be employed at the unit. Further GTAT will receive funds of more than $578million as prepayment to fund efforts. Post 2015, GTAT will reimburse Apple for the prepayment.

This has definitely caught investor fancy and the stock is started on BUY.

Meanwhile BlackBerry Ltd. (NASDAQ:BBRY) sentiment was bullish. Nearly 84% are bullish, while 16% are cautious about investing in Blackberry, following its dumping of current debt-waiving suitor Fairfax Financial.

Though, prices for the stock have seen a downward spiral closing out at $6.49, investors expect the company to show a long term turn around. While investors seek that the company quits its phone business, the CEO has commented that this is unlikely.

However, Chen, the CEO, has announced that there would be multiple changes, since Thorsten Heins has exited the company. The CEO expressed promising turnaround within 6 quarters, though; investors are not amused with such predictions.



About Lynn Eisler

Lynn Eisler is a national news reporter focusing on economic issues, data analysis and the financial health of state and local governments. Lynn has been honored with the H.L. Mencken Award for Investigative Reporting, the Champion of Justice Award for reporting on the drug war, and the John Hancock Award for business reporting. Lynn was also a Knight Medical School Fellow at the University of Michigan.

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