Morning Big Stock Movers (AAPL, HANS, HD, MGM, NFLX)

Apple (NASDAQ:AAPL), the maker of iPhones and Macs, was initiated with a “Buy” at Sterne Agee. The analysts set a price target of $300, citing its leadership in the consumer space and conservative valuations; they recommend Apple to be a core holding in any portfolio.

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 Hansen Natural (NASDAQ:HANS), the energy drink maker, should see some upside momentum after Goldman upgraded the beverage sector to Attractive and the stock to “Buy” from “Neutral”.

Home Depot (NYSE:HD), the largest home improvement retailer, reported better than expected earnings on revenues that were above consensus. Home Depot reported a profit of $0.45 a share, $0.05 a share better than expected. Revenues rose 4.3% year over year to $16.86 billion. Additionally the company issued upside guidance for 2011 results.

MGM Mirage (NYSE:MGM), jumped 4% to $235.20 on news that Paulson & Co. disclosed a new position in the stock. Paulson & Co., the hedge fund run by John Paulson, the famous short seller of subprime securities, purchased 40 million shares of MGM.

Netflix (NASDAQ:NFLX), the online video rental company, was initiated with an “Outperform” at Morgan Keegan. The analysts cited significant revenue growth, on market share gains against struggling competitors, and consumers finding value in Netflix's entry level plan.

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