$ANF $JCP $AAPL Teen retail giant Abercrombie & Fitch surprised Wall Street Wednesday by posting a blowout 28-cent-a-share earnings beat on a 9% rise in revenues, earnings which finally answered the question, "where have all those JCPenney shoppers gone?" Shares of Abercrombie responded by surging nearly 28%, back to levels the company has not seen since mid-September.Read More
AOL $YHOO $GOOG $FB $MSFT Yes, you read that headline right, and no, it's not 1999 all over again. I am indeed writing this article in post-election 2012 and shares of AOL are indeed topping the tech charts for the year, up a staggering 188% as the company's turnaround begins to impress Wall Street.
AOL's turnaround, more than three years in the making, may not be quite as sexy as that of Yahoo and is certainly not as widely covered by the media, but as the company's latest quarterly results have shown, the turn at AOL is at hand and its faithful shareholders are being quietly rewarded with gigantic gains.Read More
$GNRC With the cleanup from Hurricane Sandy well underway throughout the mid-Atlantic, shares of standby generator maker Generac were among the first stocks to surge higher as the markets reopened from their two-day, storm-induced hiatus. Shares of Generac rose over 18% to $33.46 a share after the company coincidentally released its third quarter results which saw a 25.6% rise in net sales. Generac also significantly revised its 2012 guidance upward due to increased demand for its home standby and portable generators as a result of the major power outage activity that is currently taking place.Read More
$TPX $ZZ Investors in mattress giant Tempur-Pedic sure aren't getting a lot of restful sleep this year, as the company once again surprised investors to the downside, cutting their 2012 profit outlook and sending shares down another 19% in Wednesday's trading to under $25 a share. Tempur management cited increased competition as the latest reason for its disappointing results, their third such results so far this year. Should investors stick with the stock or would their money be safer stuffed inside their mattresses rather than invested in the company that makes it?Read More
$MNST $WFM $CMG $MCD $HAIN Just in time for Halloween, shareholders of Monster Beverage got the scare of their lives, as shares of the energy drink giant were slammed down 14% in Monday's trading, after the FDA confirmed reports that its investigating five deaths that may be related to the company's energy-boosting products. Shares received another haircut today, down an additional 9%, taking them to just $41 a share, or a 50% decline from their June highs near $80 a share. While the FDA made clear that it is only beginning an investigation into these allegations, the news certainly raises questions, again, for a segment of beverage market that has come under fire in the past.Read More