Dallas 9/28/2010 2:18:22 AM
News / Business

Best Stocks at New Year High (AAPL, LDK, LVS, KFT)

Best Stocks

Apple Inc. (NASDAQ:AAPL) surged 0.28% to $293.14 after it created its new 52-week high of $294.73. Already, 5.05 million shares have been traded as compared to its average daily volume of 17.70 million shares.

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The company has Price/Sales ratio of 4.68 and Price/Book ratio of 6.19. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $259.56 and $252.59 respectively.

The comapny designs, manufactures, and markets personal computers, mobile communication devices, and portable digital music and video players, and sells a variety of related software, services, peripherals, and networking solutions.

LDK Solar Co., Ltd. (NYSE:LDK) soared 9.15% to $9.66 after 4.31 million shares of trade. So far this year, the stock rose over 36%. Today, the stock created its new 52-week high of $9.78.

The company said it received $8.9 billion in financing from China Development Bank Corp. LDK Solar said the five-year deal will allow it to “pursue our long-term growth strategy and further strengthen our position” in the photovoltaic market.

The median Wall Street price target on the stock is $8 and the high target is set at $11.40 with majority of analysts has a Hold rating on the company`s stock. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $7.55 and $6.75 respectively.

Las Vegas Sands Corp. (NYSE:LVS) jumped 1.69% to $34.30 on over 6.72 million shares. The stock today opened at $33.95 and is trading within the range of $33.85-$34.46. Till now, 6.72 million shares have been traded as compared to its daily average volume of 25.84 million shares.

The company has Price/Sales ratio of 4.16 and Price/Book ratio of 3.97. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $30.14 and $25.22 respectively.

The stock today made a fresh 52-week high of $34.46.

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Kraft Foods Inc. (NYSE:KFT) slid 0.34% to $31.84 after 1.17 million shares of trade. So far this year, the stock added over 15%. The stock has a 52-week range of $25.72-$31.98. Today, the stock made its new 52-week high of $31.98.

The median Wall Street price target on the stock is $35 and the high target is set at $38 with majority of analysts have Buy rating on the company`s stock. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $30.29 and $29.78 respectively.

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