Dallas, Tx 6/23/2010 12:17:33 AM
News / Business

Hot Stocks to Watch (NYSE:WAG, CCL, ADBE)

Stocks to Watch

Walgreen Company (NYSE: WAG) today reported its third-quarter financial results. The company reported third-quarter sales of $17.2 billion, up 6.1% from the same period last year. Third-quarter net earnings came in at $463 million, or $0.47 per share, compared with $522 million, or $0.53 per share reported for the same period last year.

 

Subscribe to daily free stock newsletter by visiting:  http://www.pennystockpickreport.com/

 

Shares of the Deerfield, Illinois-based Walgreen Company are down 4.11% to $28.90 in pre-market trading today. The Walgreen stock has a 52-week range of $27.89-$40.69. It has a 50-day moving average $33.63 and a 200-day moving average of $35.75. The support level for the Walgreen stock is at $29.29, while the resistance level for the stock is at $30.80. The stock has a consensus rating of Outperform.

 

Carnival Corporation (NYSE: CCL) today reported its second-quarter results. The company reported net income of $252 million, or $0.32 per share, down from $264 million, or $0.33 per share reported for the same period last year. Second-quarter revenue came in at $3.2 billion, compared with $2.9 billion reported for the same period last year.

Shares of Miami, Florida-based Carnival Corporation are down 2.94% to $33.72 in early trading today. The Carnival Corporation stock has a 52-week range of $23.99-$44.21. It has a 50-day moving average of $33.64 and a 200-day moving average of $34.65. The support level for the stock is at $34.12, while it has met with strong resistance at $36.67. The consensus rating on the stock is Outperform.

 

Subscribe to daily free stock newsletter by visiting:  http://www.pennystockpickreport.com/

 

Adobe Systems Incorporated (NASDAQ: ADBE), the San Jose, California-based software company, will report its second-quarter financial results after market close today. For the same period last year, the company had reported earnings of $0.35 per share on revenue of $704.67 million.

Shares of Adobe Systems Incorporated are up 0.69% to $33.36 in early trading today. The Adobe stock has a 52-week range of $26.08-$38.20. It has a 50-day moving average of $33.26 and a 200-day moving average of $34.46. The support level for the stock is at $32.31, while the resistance level is at $33.75. The consensus rating on the stock is Outperform.

 

About http://www.pennystockpickreport.com/

 

Penny Stock Pick Report offers stock newsletter on OTC, PINKSHEETS ,OTCBB, AMEX, NASDAQ and NYSE stock exchange. Our subscribers receive daily up to date stock information on hot stocks, most active movers, top gainers, penny stocks and much more. If you wish to feature your organization on our website then you can contact us at the email given below.