Dallas 12/14/2010 2:27:18 AM
News / Stocks

Monday Hot Stocks Alert (Genzyme, Ivanhoe Mines Ltd., NRG)

Monday Hot Stocks Alert

Genzyme Corporation (NASDAQ:GENZ) added 0.64% to $70.27. French pharmaceutical group Sanofi-Aventis said Monday it has extended its unsolicited $18.5 billion takeover offer for U.S.-based biotech company Genzyme.

The stock has average daily volume of 2.67 million shares. At current market price, the market capitalization of the company stands at $18.20 billion. 

Ivanhoe Mines Ltd. (USA) (NYSE:IVN) jumped 5.05% to $25.15. Desjardins upgraded Ivanhoe Mines from Hold to Buy. 

The median Wall Street price target on the stock is $22.21 and the high target is set at $29.91 with majority of analyst have a Buy rating on the company`s stock. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $25 and $19.65 respectively. 

NRG Energy, Inc. (NYSE:NRG) added 0.11% to $18.72. So far in the last one year of trading sessions, the stock dropped over 25%. The stock has a 52-week range of $18.55-$26.15. 

The company has Price/Sales ratio of 0.50. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $19.63 and $21.34 respectively. At current market price, the market capitalization of the company stands at $4.63 billion.

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