Retailers Push Stocks Higher and Pfizer Inc. hits a new 52-Week High
NEW YORK, April 12, 2013
NEW YORK, April 12, 2013 /PRNewswire/ --
Stocks got a push on Thursday after retailers including Rite Aid and Ross
Stores turned in better sales. Ross Stores jumped 7 percent, the biggest gain
in the S&P 500. Major indexes have risen for four straight days. Shares of
Pfizer Inc. hit as high as $30.82 on Thursday creating a new 52-week high for
the company. TheStreet Ratings rates Pfizer as a buy.
Whether bull or bear The Stock Freak has got you covered! Sign up to receive
our free newsletters and stay up to date with stocks on the
Microsoft Corporation (Nasdaq: MSFT) - Microsoft was one of the biggest
decliners on the Nasdaq yesterday. The drop came after it was revealed that PC
shipments fell 13.9% in Q1, the steepest decline since 1994 when the
International Data Corporation began collecting data. Both Goldman Sachs and
Nomura cut their recommendations on MSFT to sell and neutral. Shares closed
down 4.39% at $28.95. The stock has a 52-week trading range of 26.26 - 32.89.
Many mid or large cap stocks once started off asPenny stocks!
Hewlett-Packard Company (NYSE: HPQ) - The computer industry took a hit on
Thursday including Hewlett Packard who's shares dropped more than 6% at the
close. According to the International Data Corporation, PC sales fell 14% in
the first quarter compared to the same period a year ago. This is almost
double compared to the 7.7% decline that analysts were expecting.
DynaVox Inc. (Nasdaq: DVOX) - DVOX shares closed down more than 36% on
Thursday after the Company announced that it received notification on April 5,
2013 that The NASDAQ Stock Market LLC ("NASDAQ") has determined to delist the
Company's Class A common stock from the NASDAQ Global Select Market, effective
with the open of business on April 16, 2013.
Penny stockscan deliver sky-rocketing returns and are a popular choice among
ACADIA Pharmaceuticals Inc. (Nasdaq: ACAD) - ACAD shares exploded yesterday on
tremendous volume after the Company announced that it was filing an
accelerated new drug application for Pimavanserin after discussions with the
Food and Drug Administration. Shares closed up 64.49%.
Rite Aid Corporation (NYSE: RAD) - RAD shares hit a new 52-week high of $2.15
yesterday after the Company reported its first annual profit in six years. For
the full fiscal year, the company earned $107.5 million, or 12 cents per
share, on $25.39 billion in revenue.
To find similar research reports that are available for free follow the link
below and sign up at http://www.TheStockFreak.com
Disclosure: TheStockFreak.com is not a registered investment advisor and
nothing contained in any materials should be construed as a recommendation to
buy or sell securities. Investors should always conduct their own due
diligence with any potential investment. Please read our report and visit our
website, for complete risks and disclosures.
Contact: Contact: For Media Only: Info@thestockfreak.com, Frank White,
Marketing Manager , +1-561-372-8342
Press spacebar to pause and continue. Press esc to stop.