Stocks to Buy 5/6/10 May 6, 2010

By Tim - http://stockstobuy.org

Wednesday, 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 May 6, 2010. Also, check out some of the biggest stock gainers of the Day. You can also find previous stocks to buy reports - Right Here

Top Stocks I am Watching on Tuesday - Pacific Capital Bancorp (PCBC) - Power-One Inc. (PWER) - Keryx Biopharmaceuticals Inc. (KERX) - American Intl Group, Inc. (AIG) - SIRIUS XM Radio Inc. (SIRI) - Direxion Daily Financial Bear 3X Shares (FAZ) - Daily Finan. Bull 3X Shs(ETF)(FAS) - Research In Motion Ltd. (RIMM) - Brigham Exploration Co. (BEXP) -

Stocks to Watch - 5/5/10 - Stock Market Investing Ideas

Pacific Capital Bancorp (PCBC) - Shares of Pacific Capital Bancorp soared for the second straight day on Wednesday. Keep an eye on $2.62, I think the stock can run if that price is broken.

Power-One Inc. (PWER) - Shares of Power-One Inc. gapped down huge at the open on Wednesday so I ended up buying the stock. The stock then surged and I ended up selling for a nice profit. I'd be a buyer again below $7.40. $8.00 should be a nice support level.

Keryx Biopharmaceuticals Inc. (KERX) - Shares of Keryx Biopharmaceuticals Inc. are rallying in wake of the Dendreon news. Keryx Biopharmaceuticals Inc. has a colorectal cancer drug which was given fast track status by the FDA. The stock finally sold off on Wednesday.
As long as $5.80 is held, I like this pullback.

Netflix, Inc. (NFLX) - Shares of Netflix, Inc. hit a low of $96.00 on Wednesday. If Netflix closes below $97.80, I think we will finally get another shot to buy this stock between $90-$95.

Caterpillar Inc. (CAT) - Shares of Caterpillar Inc. dropped below $65 on Wednesday. This was a solid buying opportunity and will continue to be below $65.

American Intl Group, Inc. (AIG) - Shares of American Intl Group, Inc. broke down below $37 on Wednesday which provided a great buying opportunity for a trade. I continue to like pullbacks below this level.

Sirius XM Radio (SIRI) - Shares of Sirius XM Radio continue to take a hit after releasing earnings on Tuesday. The stock hit my $1.25 target on Monday but I still think there is some room on the upside. Resistance is located at $1.25 going forward.

Ambac Financial Group, Inc. (ABK) - Shares of Ambac Financial Group, Inc. are trading around $1.50 and seem to be basing here. Ambac will not get delisted which is positive for the short term. Resistance is now located at $1.63.

Cell Therapeutics, Inc. (CTIC) - Shares of Cell Therapeutics, Inc. are now trading below the 10 day moving average located at $0.62. Right now, I'd be avoiding Cell Therapeutics until it breaks above $0.70.

Advanced Micro Devices Inc. (AMD) - Shares of Advanced Micro Devices Inc are now back around the $8.75 support level. I view this as a buying opportunity, I think $9.25-$9.50 is right around the corner.

Research In Motion Ltd. (RIMM) - I continue to like pullbacks below $70 as a long term buy.

Direxion Daily Financial Bear 3X Shares (FAZ)
Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS has a stock split on Wednesday and is now more attractive for more investors. Although it is all about percentages, people are more likely to buy a stock if the price is lower. I would view any pullback of FAS below $30 as a solid buying opportunity.

Freddie Mac (FRE) - Support = $1.38 - Resistance = $1.52

Fannie Mae (FNM) - Support = $1.08 - Resistance $1.30

New 52 Week Highs - Wednesday

Akorn Inc. (AKRX)
AnnTaylor Stores Corp. (ANN)
Boyd Gaming Corp. (BYD)
Coinstar Inc. (CSTR)
Clayton Williams Energy Inc. (CWEI)
DG FastChannel, Inc. (DGIT)
Dollar Thrifty Automotive Group Inc. (DTG)
General Moly, Inc. (GMO)
Gastar Exploration, Ltd. (GST)
Lucas Energy, Inc. (LEI)
Plantronics, Inc. (PLT)
Spanish Broadcasting System Inc. (SBSA)
St. Mary Land & Exploration Company (SM)
Whole Foods Market, Inc. (WFMI)
Weis Markets, Inc. (WMK)

Other Stocks to Watch - 5/6/10

TOR Minerals International Inc. (TORM)
Pacific Capital Bancorp (PCBC)
CSP Inc. (CSPI)
Ternium S.A. (TX)
SenoRx, Inc. (SENO)
Rehabcare Group Inc. (RHB)
ESCO Technologies Inc. (ESE)
Telular Corp. (WRLS)
Kforce Inc. (KFRC)
Lucas Energy, Inc. (LEI)
Dolan Media Company (DM)
DG FastChannel, Inc. (DGIT)
Dolan Media Company (DM)
Seacoast Banking Corp. of Florida (SBCF)
American Capital, Ltd. (ACAS)
WABCO Holdings Inc. (WBC)
Industrial Services of America, Inc. (IDSA)
Power-One Inc. (PWER)
JA Solar Holdings Co., Ltd. (JASO)
Brigham Exploration Co. (BEXP)
SanDisk Corp. (SNDK)
Keryx Biopharmaceuticals Inc. (KERX)
Alcoa, Inc. (AA)
Bank of Ireland (IRE)
UAL Corporation (UAUA)
Green Mountain Coffee Roasters Inc. (GMCR)
Athersys, Inc. (ATHX)
RAIT Financial Trust (RAS)
Akamai Technologies Inc. (AKAM)
First Solar, Inc. (FSLR)
Dendreon Corp. (DNDN)
Broadcom Corp. (BRCM)
Potash Corp. of Saskatchewan, Inc. (POT)
Daily Finan. Bull 3X Shs(ETF)(FAS)
Research In Motion Ltd. (RIMM)
American Intl Group, Inc. (AIG)
Rexahn Pharmaceuticals, Inc. (RNN)
Las Vegas Sands Corp. (LVS)
US Airways Group, Inc. (LCC)
Baidu, Inc. (BIDU)
Fuel Systems Solutions, Inc. (FSYS)
Origin Agritech Limited (SEED)
Allied Irish Banks plc (AIB)
Cyclacel Pharmaceuticals, Inc. (CYCC)
Sequenom Inc. (SQNM)
Direxion Daily Financial Bear 3X Shares (FAZ)
Netflix, Inc. (NFLX)
Novavax, Inc. (NVAX)
Dearborn Bancorp Inc. (DEAR)
Huntington Bancshares Inc. (HBAN)
Borders Group, Inc. (BGP)
Zanett Inc. (ZANE)
Cree Inc. (CREE)
Pfizer Inc. (PFE)
Las Vegas Sands Corp. (LVS)
AMR Corporation (AMR)
China Agritech Inc. (CAGC)
Somaxon Pharmaceuticals, Inc. (SOMX)
DryShips, Inc. (DRYS)
MBIA Inc. (MBI)
Cliffs Natural Resources Inc. (CLF)
Palm, Inc. (PALM)
CROCS Inc. (CROX)
Pier 1 Imports Inc. (PIR)
MGM Mirage (MGM)
PMI Group Inc. (PMI)

Penny Stocks to Watch - 5/6/10

Irvine Sensors Corp. (IRSN)
Vonage Holdings Corporation (VG)
TerreStar Corporation (TSTR)
Dune Energy Inc. (DNE)
Premierwest Bancorp (PRWT)
Xerium Technologies Inc. (XRM)
ChipMOS TECHNOLOGIES LTD. (IMOS)
Antares Pharma Inc. (AIS)
Generex Biotechnology Corp. (GNBT)
AEterna Zentaris, Inc. (AEZS)
Cell Therapeutics, Inc. (CTIC)
E*TRADE Financial Corporation (ETFC)
Capstone Turbine Corp. (CPST)
SMF Energy Corporation (FUEL)
Hemispherx Biopharma, Inc. (HEB)
Sirius XM Radio Inc. (SIRI)
Blockbuster Inc. (BBI)
XOMA Ltd. (XOMA)
Crystallex International Corp. (KRY)
CEL-SCI Corp. (CVM)
GenVec Inc. (GNVC)
Radient Pharmaceuticals Corporation (RPC)
Rentech, Inc. (RTK)
Catalyst Pharmaceutical Partners Inc. (CPRX)
YRC Worldwide Inc. (YRCW)
Delta Petroleum Corp. (DPTR)
Discovery Laboratories Inc. (DSCO)
NexMed, Inc. (NEXM)
Ambac Financial Group, Inc. (ABK)
Nextwave Wireless Inc. (WAVE)
Inovio Biomedical Corporation (INO)
Adventrx Pharmaceuticals, Inc. (ANX)
Level 3 Communications Inc. (LVLT)
Angiotech Pharmaceuticals Inc. (ANPI)
Adeona Pharmaceuticals, Inc. (AEN)
Rite Aid Corp. (RAD)
Sunesis Pharmaceuticals Inc. (SNSS)
Conolog Corp. (CNLG)
Converted Organics Inc. (COIN)
Freddie Mac (FRE)
MDRNA, Inc. (MRNA)
Aastrom Biosciences, Inc. (ASTM)
Helicos BioSciences Corporation (HLCS)
Antigenics Inc. (AGEN)
Pacific Ethanol, Inc. (PEIX)
CytRx Corporation (CYTR)
Jones Soda Co. (JSDA)
Fannie Mae (FNM)
Beacon Power Corporation (BCON)
Samson Oil & Gas Limited (SSN)


OTC Pink Sheets Stocks to Watch - 5/6/10

Discuss these stocks at http://stockstobuy.org

SWEET SUCCESS ENTERPRISES, INC (SWTS.PK)
Connected Media Technologies Inc. (CNCM.PK)
Cytta Corp. (CYCA.OB)
Flint Telecom Group, Inc. (FLTT.OB)
ACT Clean Technologies, Inc. (ACLH.PK)
Hall of Fame Beverages, Inc. (HFBG.PK)
S3 Investment Company Inc. (SIVC.PK)
Cape Systems Group Inc. (CYSG.PK)
RMD Entertainment Group (RMDM.PK)
Enviroxtract, Inc. (EVXA.PK)
Visteon Corp. (VSTNQ.PK)
Amcore Financial, Inc. (AMFIQ.PK)
US Microbics Inc. (BUGS.PK)
ChromaDex Corp. (CDXC.OB)
Innovative Health Sciences, Inc. (IHSN.PK)
PARADIGM OIL AND GAS (PDGO.OB)
Millennium Prime, Inc. (MLMN.PK)
JINSHAN GOLD MINES(JINFF.PK)
Imaging Diagnostic Systems Inc. (IMDS.OB)
China Energy Corp. (CHGY.OB)
Bio-Clean International, Inc. (BCLE.PK)
Smurfit-Stone Container Corp. (SSCCQ.PK)
Thresher Industries, Inc. (THRR.PK)
GoIP Global, Inc. (GOIG.PK)
Genta Incorporated (GETA.OB)
Washington Mutual Inc. (WAMUQ.PK)
ACT Clean Technologies, Inc. (ACLH.PK)

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