U.S. EQUITY PREVIEW: BECN EMC GPRO JBLU STZ TAP VMWDan Hart and Joe Sabo
Stocks that may move in U.S. trading tomorrow: *Beacon Roofing (BECN): Co. may rise 40% to $35 as improving demand offsets last yr’s mild hurricane season, which damped sales of roofing products, Barron’s said *Constellation Brands (STZ): Shrs may be poised to fall as No. 3 beermaker’s shrs have risen 65% since buy of 2 Mexican brands closed June ’13, Barron’s “The Trader” column said *GoPro (GPRO): Appears overvalued as co. has “plenty of vulnerabilities,” inc. rev growth decrease this yr, 38% sales growth not worthy of triple-digit P/E ratio, costs rising faster than rev., “The Trader” said *JetBlue (JBLU): Shrs may rise almost 50%, to $15, in next yr or so, if airline goes ahead with more baggage charges, less legroom, Barron’s said *Molson Coors (TAP): Co. may rise 30% or more amid three possible scenarios: as SABMiller takeover target, with possible buyout of MillerCoors JV on favorable terms if Anheuser-Busch InBev buys SAB, or as standalone co., with steady erns growth, Barron’s said *VMware (VMW): Shrs may be poised to rise amid reports EMC may be attracting buyout interest; some on Wall Street suggest interest may actually be less in EMC than in its 80% stake in VMW, Barron’s said
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