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Zacks #1 Stocks on the Move 05/20/2013
| Company Name | Symbol | %Change |
|---|---|---|
| ORBOTECH LTD | ORBK | 10.86% |
| SONIC FOUNDR | SOFO | 9.45% |
| VIPSHOP HOLD | VIPS | 9.20% |
| RENEWABLE EN | REGI | 8.98% |
| EAGLE BULK S | EGLE | 7.84% |
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• Shares of American Medical Alert Corp (NASDAQ:AMAC) jumped 48% after Tunstall Healthcare Group announced that it was acquiring the health-services provider for $82.3 million
• Nike Inc. (NYSE:NKE) posted fiscal 2012 first-quarter earnings of $1.36 per share, up 19.3% from year-ago earnings, beating the Zacks Consensus Estimate of $1.21 per share
• Shares of PNM Resources, Inc. (NYSE:PNM) gained 17% after the electricity distributor announced it was planning to sell its businesses in Texas to raise funds
• According to reports, Tiffany & Co. (NYSE:TIF) is a likely target for takeover after having ended its alliance with Swatch Group AG
• US-listed E-Commerce China Dangdang Inc. (NYSE:DANG) shares were boosted by news that the online Chinese book seller will be expanding its operations and has appointed a new head of technology
• Jefferies Group Inc. (NYSE:JEF) initiated coverage on Ingersoll-Rand Plc (NYSE:IR) with a “Buy” rating
• Keybanc initiated coverage on Veeco Instruments Inc. (NASDAQ:VECO) with a “Hold” rating
• Macquarie initiated coverage on Expedia Inc. (NASDAQ:EXPE) with a “Neutral” rating
Read the full Analyst Report on NKE
Read the full Snapshot Report on PNM
Read the full Analyst Report on TIF
Read the full Snapshot Report on DANG
Read the full Snapshot Report on IR
Read the full Snapshot Report on VECO
Read the full Analyst Report on EXPE