Highlights of Stocks discussed on CNBC’s Fast Money Half Time Report TV Program, Wednesday July 13.
Electronic Arts (ERTS) - Guy Adami, of Drakon Capital LLC., is bullish and states,
Electronic Arts Inc. develops, markets, publishes, and distributes game software and content for video game consoles, personal computers, mobile phones, tablets and electronic readers, hand held game players, and the Internet. The company is trading below analysts' estimates. ERTS has a median price target of $25 by 19 brokers and a high target of $28. The last up/downgrade activity was on Jun 3, 2011, when Brean Murray initiated coverage on the company with a Hold rating.
Netflix, Inc. (NASDAQ:NFLX) - Tony Wible, of Janney Montgomery Scott, is bearish with a sell rating and a $170 price target says,
“At the end of the day in order to justify the current price, they have to get $160 million subs at 15% margin to generate earnings-per-share to justify the stock. I don’t think they are going to get it.”
Netflix, Inc. provides online movie rental subscription services in the United States. The company is trading on par with analysts' estimates. NFLX has a median price target of $270 by 22 brokers and a high target of $317. The last up/downgrade activity was on April 26, 2011, when Maxim Group upgraded the company from Sell to Hold.
Final Trade Highlights:
Ishares Silver Trust (NYSEARCA:SLV) - Guy Adami, of Drakon Capital LLC., and Brian Kelly, of Brian Kelly Capital, are bullish and stated,
"I think you can buy silver by the SLV here."
Guy Adami says,
"I'm so with BKs (Brian) I'm staying with the silver related names."
The objective of the SLV is to reflect the price of silver owned by the trust less the trust's expenses and liabilities. The fund is intended to constitute a simple and cost-effective means of making an investment similar to an investment in silver.
SPDR KBW Regional Banking ETF (NYSEARCA:KRE) – Stephen Weiss, of Short Hills Capital LLC, is bullish and says,
"I'm going to buy the regional banks."
The KRE seeks to replicate, net of expenses, the KBW Regional Banking index. The fund generally invests substantially all, but at least 80% of its assets in securities comprising the index.
JPMorgan Chase and Co. (NYSE:JPM) - Karen Finerman, of Metropolitan Capital Advisors, is bullish and stated,
“I'm going with JP Morgan. I already have my money where my mouth is.”
JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. The company is trading significantly below analysts' estimates. JPM has a median price target of $54 by 29 brokers and a high target of $60. The last up/downgrade activity was on May 20, 2011, when Stifel Nicolaus initiated coverage on the company with a Hold rating.
Toyota Motor Corp (NYSE:TM) - Joe Terranova, of Virtus Investment Partners, is bearish and states,
"I am adding to my long in Toyota motors.”
Toyota Motor Corporation engages in the design, manufacture, and sale of sedans, minivans, compact cars, sport-utility vehicles, trucks, and related parts and accessories primarily in North America, Europe, and Asia. The company is trading significantly below analysts' estimates. TM has a median price target of $92 by 2 brokers and a high target of $92.40. The last up/downgrade activity was on Mar 9, 2010, when Standpoint Research downgraded the company from Buy to Hold.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.