SA contributors highlight stocks to watch for unusual movement, their bias (long/short), and brief comments.
Stocks are listed alphabetically by symbol. Click on the contributor's name to read more articles by that author.
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Track how today's Stocks To Watch are performing here. To send in your own ideas for tomorrow's Stocks To Watch, email firstname.lastname@example.org before 6:00 AM ET Tuesday.
Advanced Micro Devices (NYSE:AMD) - short - Bill Maurer
- Company missed EPS by a penny last week.
- Stock fell on weak outlook, while Intel hit new multi-year high on strong report.
- Shares usually like to extend large falls for a couple of days.
Kate Spade & Co. (NYSE:KATE) - long - Antonio Carradinha (no position)
- With a brand from outlet centers it is aimed at higher market levels.
- KATE is a well-known brand that is threatening its peers in quality and marketing.
- Following a consolidation phase its share price is signaling that an uptrend is building up.
- Shares could not sustain rebound last week, closing Friday near week's low.
- Stock seems destined to retest 52-week low of $1.61.
NextEra Energy Partners (NYSEMKT:NEP) - long - Don Dion
- July 21 marks the end of the 25-day quiet period on underwriter reports that began with the June 26 IPO of NEP.
- On July 22nd, NEP's strong underwriters, including BofA, Morgan Stanley, Goldman Sachs, Barclays, and Credit Suisse, will likely attempt to push NEP's share price higher with positive research reports.
- NEP has made solid gains post-IPO, has a good yield, growing business, and smart, experienced management.
- We see NEP's quiet period expiration as another opportunity to get a piece of its success.
- Further details here.
Trinseo S.A. (NYSE:TSE) - long - Don Dion
- The 40-day SEC-enforced quiet period on underwriter analysis publications that began with the June 11 IPO of TSE will conclude on July 22.
- TSE's strong and numerous underwriters will attempt to boost TSE's already strong market performance even higher with a release of positive information into the market at this time.
- In anticipation of these reports, share prices often rise a few days prior to the event and return to normal levels two days afterward.
- Given TSE's powerful positions in several of its markets, we see the quiet period expiration as another chance to buy into this growing firm.
- Further details here.
Tesla Motors (NASDAQ:TSLA) - long - Bill Maurer
- UBS said the possibility of a gigafactory announcement could boost the stock.
- Shares have recently pulled back.
- Huge short interest could lead to short squeeze.