Dallas ,TX 10/6/2009 4:16:20 AM
News / Business

Invest into Bank Stocks - Banco Bradesco SA (ADR) (NYSE:BBD) - Top Growth Stocks Alert

Today’s New 52-Week high – BBD, NTAP

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Banco Bradesco SA (ADR) (NYSE:BBD) today made a new 52-week high of $20.47 and now up 2.48% at $20.43 with 4.18 million shares being traded. Banco Bradesco S.A. (Bradesco) is a private-sector bank in Brazil. The Bank offers a range of banking and financial products and services in Brazil and abroad to individuals, small to mid-sized companies and local and international corporations and institutions.

NetApp Inc. (NASDAQ:
NTAP) is another stock which surpassed its earlier 52-week and today made a fresh new high at $27.08. Now the stock is up 4.31% at $27.00 on 7.60 million shares. Today, RBC Capital is making a pretty significant call on NetApp (NASDAQ: NTAP) upgrading it to Outperform from Sector Perform with a $33 price target (prev. $26). Firm notes their checks suggest NTAP is so far witnessing Oct-qtr revenues ahead of expectations, which should enable NTAP to not just beat Oct-qtr estimates but also to guide Jan-qtr ahead of expectations. They view NTAP as an attractive way for mid/large cap investors to play the anticipated IT spending recovery in H209. RBC expects NTAP to exude a positive business tone at its analyst day in New York City on October 08.

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