Breaking Wall Street Market News & Reports

Advanced Micro Devices Inc (AMD): $7.35: Oversold; technical uptrend Target $10: 4.7 x PE; 5 year EPS growth rate 13%; AMD reported third-quarter revenue toward the higher end of its lowered expectations, and its gross margin of 45.7% rose from 41.9% a year ago, topping analysts’ expectations for 44%.
Shares of AMD, down 26% this year.

Advanced Micro Devices, Inc. (AMD) is a global semiconductor company. The Company designs and sells microprocessors, chipsets and graphics processors. It offers x86 microprocessors, for the commercial and consumer markets, embedded microprocessors for commercial, commercial client and consumer markets and chipsets for desktop and notebook personal computers (PCs), professional workstations and servers. The Company operates in three business segments: the Computing Solutions segment, which includes microprocessors, chipsets and embedded processors and related revenue; the Graphics segment, which includes graphics, video and multimedia products and related revenue, as well as revenue received in connection with the development and sale of game console systems that incorporate its graphics technology, and the Foundry segment, which includes operating results attributable to front end wafer manufacturing operations and related activities.

Boyd Gaming Corp (BYD): $8.35; Oversold; technical uptrend Target $13: 43.7 x PE; 1 Year growth rate 101% Buyout Speculation: Boyd Gaming reported  its third quarter earnings dipped to $5.6 million, or $0.06 per share, compared to $6.3 million, or $0.07 per share, in the same quarter last year. Adjusted earnings of $0.02 per share missed analyst expectations. The casino operator beat expectations with revenue of $595.4 million, a 4% decline compared to last year. Boyd also said it has decided not to exercise its right to match the offer MGM Resorts (MGM) received for its 50% non-controlling interest in the Borgata hotel in Atlantic City.

Boyd Gaming Corporation (Boyd Gaming) is a multi-jurisdictional gaming company. As of December 31, 2009, the Company’s wholly owned and operated 15 casino entertainment facilities located in Nevada, Mississippi, Illinois, Louisiana and Indiana. In addition, it owns and operates a pari-mutuel jai-alai facility located in Dania Beach, Florida, a travel agency, and a captive insurance company that underwrites travel-related insurance. As of December 31, 2009, it owned an aggregate of approximately 812,500 square feet of casino space, containing approximately 21,400 slot machines, 425 table games and 7,550 hotel rooms. On January 22, 2009, it opened hotel at Blue Chip Casino, Hotel & Spa.

Eastman Kodak Co (EK): $4.00: Oversold; technical uptrend Target $6.00

Eastman Kodak Co. reported a Q3 loss from continuing operations of $43 million, or $0.16 per share, down from $111 million, or $0.41 per share in the year-ago period. Sales for the quarter came in at $1.76 billion. Gross-profit margin grew from 20.3% to 27.1%. Thomson Reuters analysts forecast a loss of $0.31 per share on revenue of $1.61 billion. Kodak forecast fiscal 2010 revenue of $7.5 billion to $7.7 billion, ahead of the analyst forecast of $7.7 billion. Eastman Kodak has a potential upside of 63.7% based on a current price of $3.97 and an average consensus analyst price target of $6.50. Eastman Kodak is currently below its 200-day moving average (MA) of $5.15 and should find support at its 50-day MA of $3.94. In the last five trading sessions, the 50-day MA has climbed 0.4% while the 200-day MA has slid 0.32%. Eastman Kodak develops, manufactures, and markets imaging products. The company provides professional and consumer digital cameras, laser images for radiologists, and photographic films for professionals and amateurs. Kodak also provides digital services for cinematographers, document scanners, aerial images, digital printers for commercial customers, and flat panel displays.

Tags: 4th quarter picks, Advanced Micro Devices, AMD, Boyd, Boyd Gaming Corp, buy, BYD, Eastman Kodak, ek, options, picks, small cap, speculative, Stocks, undervalued, uptrend, WSG Picks

This entry was posted on Thursday, October 28th, 2010 at 11:56 am and is filed under Contributors, Large Cap Stocks, Small Cap Stocks, Technical Stocks, Technology Stocks. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.