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Thursday, April 16, 2009

Stocks to Buy April 17, 2009 4/17/09

Thursday, during regular trading hours, there were many stocks that continued to break out to the upside. Below is a list of stocks that are worth watching for April 17, 2009. Also, check out the Biggest Stock Gainers of the Day. You can also find previous stocks to buy reports - Right Here

Citigroup ( C ) Earnings April 17, 2009 - 8am EST

Stocks to Watch - 4/17/09 - Stock Market Ideas

Financials: All eyes will be on Citigroup ( C ) Friday as the company will release earnings before the opening bell. Financials remain very strong going into this earnings report. I have no idea what will happen after Citi reports but I will be watching closely. I will most likely trade FAS or FAZ at the open as I always do!

DryShips ( DRYS ) - Very interesting action lately, has closed back over both 10 & 50 day moving averages for several days. If $6.17 is broken, DRYS will be on the move again. I have a small position with a stop at $5.40.

Google ( GOOG ) - Google reports earnings Thursday night - Option action says a 7% move one way or another - I'd say Google crushes earnings but I have no position.

Pier 1 Imports ( PIR ) - I traded PIR on Thursday, bought at $0.96, sold when it broke up through $1.00, big mistake. PIR went right into the $1.20's and has held most of the day. PIR stock has been very strong and it could have more upside Friday. Dips back under $1.00 will be bought!

Unisys ( UIS ) - Very strong on Thursday with positive news, will be watching closely on Friday.

Other Stocks to Watch - Above $2

Krispy Kreme Doughnuts Inc. (KKD)
Liberty Media Interactive (LINTA)
Regions Financial Corp. (RF)
Plexus Corp. (PLXS)

MGIC Investment Corp. (MTG)
Force Protection Inc. (FRPT)
Hercules Offshore, Inc. (HERO)
Jarden Corp. (JAH)

Penny Stock to Watch - Under $2

Beacon Power Corporation (BCON)
Jones Soda Co. (JSDA)

Avis Budget Group, Inc. (CAR)
Quantum Corp. (QTM)
BankUnited Financial Corporation (BKUNA)
LJ International Inc. (JADE)
Rite Aid Corp. (RAD)
Sonus Networks, Inc. (SONS)
Northfield Laboratories Inc. (NFLD)

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