NYSE Penny Stocks Surge Higher; Sign of a Short-Term Top?
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)
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