Apple (NASDAQ:AAPL) Stocks Seem To Be Springing Back To Action
Last week, Apple (AAPL) stocks did relatively well as investors anticipated the company's Spring Forward event. However, due to leaks from Tim Cook, the event wasn't as exciting as most thought it should have been. Monday's product releases didn't impress and the stock fell! However, it seems as though the stock has reached it's bottom and is heading back on the upward trend. Currently (3:01) the stock is trading at $124.60 per share; up 1.93% from yesterday's closing price.
Outlook - As I've mentioned in the past, Apple (AAPL) is a great company. While the Spring forward event was a bit of a let down, I haven't lost faith in the company's stock. I still believe that there is plenty of room to grow.Neonode (NASDAQ:NEON) Stock Declines On Poor Earnings Report
This morning, Neonode (NEON) released their fourth quarter earnings report and their results for the entire year of 2014. Unfortunately, the company produced a loss of more than $3 million in the fourth quarter; equating to a loss of $0.08 per share. Looking at the entire year, the news became worse. Throughout the year 2014, Neonode (NEON) produced a loss of $14.2 million; equating to $0.36 per share. As you could imagine, investors were less than impressed. Throughout the day Neonode (NEON) stocks have been falling at a relatively steady pace. Currently (3:11) the stock is trading at $2.92 per share after falling 9.03% so far today.
Outlook - If you're looking for a stock that probably shouldn't be in your portfolio, this is the one. After all, investors aren't in the game to lose money!Plug Power (NASDAQ:PLUG) Started The Day Strong But Will Most Likely End In The Red
Following the announcement and release of the Plug Power (PLUG) trade show calendar for the month of March, the company's stock seemed to be headed in the right direction in morning trading. Unfortunately however, the stock simply couldn't maintain the upward momentum. From 9:45 to 10:05, the company's stock fell by $0.14 per share. Since then, it has struggled to gain momentum, but seems to be making up for at least some of the losses. Currently (3:17), the stock is trading at $2.76 after falling 1.39% so far today.
Outlook - In this particular case, I'd say that the downtrend today isn't much to be upset about. In the stock market, strong stocks can have a bad day. I think that's exactly what we're seeing with Plug Power (PLUG) today.BlackBerry (BBRY) Stocks Are Having A Strong Day!
Following what I believe to be an unwarranted Goldman Sachs downgrade on Monday, BlackBerry (BBRY) stocks fell hard. However, it seems as though the masses are starting to realize that the downgrade was not an accurate depiction of the stock and for the past 3 days, it's been running on nice uptrends. Currently (3:27), BlackBerry (BBRY) stocks are trading at $9.93 per share after a gain of 0.25% so far today.
Outlook - As mentioned above, I didn't believe the BlackBerry (BBRY) downgrade by Goldman Sachs to have any merit at all. However, it did reduce the price of the stock and present a great buying opportunity. This one should grow at a healthy rate over the long run.Facebook (NASDAQ:FB) Stocks Seem To Be Bouncing Back
This week has been pretty tough for tech stocks, Facebook (FB) included. After a solid week of downtrends, Facebook (FB) stocks seemed to have hit the bottom and will end the day relatively strong. Facebook (FB) stocks are currently (2:36) trading at $78.89 per share after a gain of 1.70% percent so far today.
Outlook - I think that Facebook (FB) is a strong company that's slated for long term growth. While short term investors should be aware of price volatility; Facebook (FB) is a great option for the long run!
What Are Your Thoughts?
Where do you think the stocks mentioned here are going? Let us know in the comments below!
This post was originally featured on CNA Finance.
Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.