NYSE Penny Stocks Surge Higher; Sign of a Short-Term Top?
More News related to ALD
- Allied Gold Declares Offer Unconditional and Acquires Effective Control of Australian Solomons Gold
- Allied Gold Declares Offer Unconditional and Acquires Effective Control of Australian Solomons Gold
- Allied Gold Receives Conditional TSX Listing Approval
- Allied Gold Receives Conditional TSX Listing Approval
- Allied Capital Announces 2009 Third Quarter Financial Results
More News related to BGP
- Borders Group (BGP) Posts Q3 loss of $0.65, Wider than Expected
- Borders Group Reports Q3 2009 Results
- Trading Radar for 11/24: Heinz (HNZ), Dollar Tree (DLTR), Eaton Vance (EV), Hormel Foods (HRL), J. Crew (JCG) Report
- Borders Names Bill Dandy Senior Vice President, Marketing
- Borders(R) is Exclusive Book Retailer for the RomCon(TM) Annual Romance Readers' Conference, July 9-11, 2010
More News related to CAR
- Budget Truck Rental Introduces 'Hot Deals'
- Momentum Sectors Carry Into Weekend
- MKM Partners Initiates Coverage on Hertz Global (HTZ) & Avis Budget Group (CAR)
- After-Hours Movers 11/02: BDK, DDRX, ATSI, HLF, HTCH, SNCR, CAR Higher; TNS, HIMX, SVR, TXRH Lower
- Avis Budget (CAR) Posts Q3 EPS of $0.65, Tops by 10c
More News related to Insiders' Blog
- Strategist Says $1500/oz Gold Will Lead Oil Above $100/bbl
- Maturing Debt Could Strangle Banks (C, BAC, JPM)
- Traders Cheer Cracker Barrel's (CBRL) 37% Rise in Q1 Earnings
- Ford (F) Analyst Falls Asleep at the Wheel, Can't Get Ahead of the Stock
- Origin Agritech (SEED) Sees Follow-Through Momentum, Up 11%
With the recent trend we've been noticing of NYSE penny stocks surging off the bottom, we've put together a quick list of some ones to watch. Many have jumped a lot already, but traders we've talked to think this trend could continue for a little while and are adding some of them to their watch lists. But that being said, the trend is a little concerning and could be the sign of a short-term top.
- Office Depot, Inc. (NYSE: ODP)
- Dynegy Inc. (NYSE: DYN)
- OfficeMax Inc. (NYSE: OMX)
- Tenet Healthcare Corp. (NYSE: THC)
- Rite Aid Corp. (NYSE: RAD)
- Avis Budget Group, Inc. (NYSE: CAR)
- Unisys Corporation (NYSE: UIS)
- Quiksilver Inc. (NYSE: ZQK)
- KKR Financial Holdings LLC (NYSE: KFN)
- Quantum Corp. (NYSE: QTM)
- Domtar Corporation (NYSE: UFS)
- ION Geophysical Corporation (NYSE: IO)
- Conseco Inc. (NYSE: CNO)
- Allied Capital Corporation (NYSE: ALD)
- Borders Group, Inc. (NYSE: BGP)
Related Categories
Insiders' BlogMomentum Movers
Trader Talk
Stocks Mentioned
+0.00Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
