Top Three Trending Stocks

Posted by Lynn Eisler November 4, 2013 0 Comment 1182 views

BlackBerry Ltd. (NASDAQ:BBRY) has been a trending news stock for some time now. First it was all about BBRU knocking on the doors of several technology companies to buy it. Apparently, one of the few companies which had given BBRY request a second look – Fairfax Financials for $9/share may not be do so for lack of funds. Currently Fairfax owner Prem Watsa owns 9.9% of BBRY but is not interested in putting in more money to pay for acquisition directly.

News of Qualcomm interest in BBRY has seen investors rush to buy BBRY.

First Solar, Inc. (NASDAQ:FSLR) was not just a top gainer but a trending news stock as well on Friday. FSLR took advantage of the recent rally within the solar industry itself and has been seen in the higher gainers sections of late. However, the quarterly results showing $0.15EPS win , due to the Desert Sunlight Project, is viewed as many as the reason for beating expectations. FSLR also claims that the recent low tax rates, plus improvements in their operational logistics may have contributed to nearly $0.25 boost. It is however trending stock given its ‘lower system ASP environment’

Comcast Corporation (NASDAQ:CMCSA) trended on the stock market on Friday thanks to robust earnings result and the demand by cable operators for CMCSAs X1 platform. The company is expected to move towards a broader brand of Xfinity by running high on both the X1 and X2 platform. Besides, X1 has already made an impact on with the video-on-demand service and X2 is to be well packaged for the new seasons during the next year. Again, CMCSA has noted that banding with Netflix through set-top box streaming is not yet on the cards.

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.

View all post by Lynn Eisler Visit author's website

Write Your Comment