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Tuesday, March 29, 2011

Stock Movers: RIMM, LVS, BIDU, AA, WFC, REE

By Tim - http://stockstobuy.org/

Check the Top Stocks Gainers in 2011, year to date.

Below we take a look at - RIMM, LVS, BIDU, AA, WFC, REE

Research in Motion Ltd (RIMM) - Research in Motion Ltd (RIMM) dropped hard after earnings but rebounded today off the lows. Research in Motion has support at $55 now. Research in Motion will have resistance on the upside located at $60 as well as $65. RIMM is a strong buy below $55. RIMM will probably be dead money in the short term but if the stock can stay above $55, I think it will attract some new buyers

Las Vegas Sands Corp. (LVS)
- Las Vegas Sands Corp. (LVS) rallied Tuesday after the stock market rallied. Las Vegas Sands Corp. (LVS) continues to be a buy below $40.

Baidu Inc. (BIDU) - Baidu Inc. (BIDU) continues to break out and hit new 52 week highs. Baidu Inc. (BIDU) might not stop this rally until it hits $150. BIDU is now a strong buy below $115 if we ever see a correction.

Alcoa Inc. (AA) - Aloca Inc. (NYSE:AA) is coming close to a new 52 week high today. AA has major resistance on the upside at $17.68. AA is a buy below $16.

Wells Fargo & Company (WFC) - Wells Fargo & Company (WFC) stock is now trading back near $32. WFC stock is a buy on a drop below $30.

Rare Element Resources Ltd. (REE ) - Rare Element Resources Ltd. (REE) rallied hard with AVL & MCP today. REE is a second tier rare earth metal play but should continue to fly as long as MCP does. REE is a buy below $10.

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