Posts for Ticker ‘NVTL’

Top Day Trader Alerts (GNW, CIT, VVUS, NVTL, SWIR, HGSI)

We are only featuring a few key day trader and active trader stocks early this morning.  We have links through to more data and analysis with links on each stock over at VSInvestor.com:

Genworth Financial Inc. (NYSE: GNW) is soaring on an unexpected earnings and on a huge discount to book value.

CIT Group Inc. (NYSE: CIT) is challenging some key lows from earlier this month and from August on amended loan terms.  Actually, things are now getting much worse with a 9:20 update about potential bankruptcy filing.

VIVUS, Inc. (NASDAQ: VVUS) is trading up 8% on additional Qnexa obesity drug data.

Novatel Wireless, Inc. (NASDAQ: NVTL) did not at all match the gains reported by Sierra Wireless (NASDAQ: SWIR).  Shares are down 20%.

Human Genome Sciences, Inc. (NASDAQ: HGSI) is going to be one to watch ahead of next week’s new clinical data.  We saw huge volume in stock options yesterday on this one and would expect more of the same today.

You can join our open email distribution list to get updates on top analyst upgrades and downgrades, top day trader alerts, IPO’s, secondary offerings, Warren Buffett and other guru activity, M&A and more.

JON C. OGG

Top Analyst Downgrades (DELL, MLM, NVTL, SWIR, UNT, VMC)

These are this Tuesday’s top pre-market analyst downgrades or cautious research calls we have seen out of Wall Street early on:

Dell (DELL) downgraded to Neutral at Credit Suisse.
Martin Marietta (MLM) downgraded to Neutral at UBS.
Novatel Wireless (NVTL) Started as Underperform at BMO Capital.
Sierra Wireless (SWIR) Started as Market Perform at BMO Capital.
Unit Corp. (UNT) Cut to Neutral at Sun Trust Robinson Humphrey.
Vulcan Materials (VMC) downgraded to Neutral at UBS.

You can join our open email distribution list which goes out several times per week for top analyst upgrades and downgrades, top day trader alerts, IPO’s, key secondary offerings, guru investor data on Buffett and others, mergers, and more.

JON C. OGG

Top Day Trader Alerts (ARIA, ANDS, SYNA, NVTL, ABAX, FSLR, ESLR, AVII)

The following are some of the top stocks to watch for active trading today based on pre-market and after-hours volume activity. There are links through to more detailed coverage and volume analysis at VSInvestor.com:

Ariad Pharmaceuticals Inc. (Nasdaq: ARIA) shares are down this morning on cash crunch worries, following concerns raised by BioHealthInvestor.com earlier this week of just such a scenario.

Anadys Pharmaceuticals Inc (Nasdaq: ANDS) are up 50 percent in the premarket after getting a key FDA clearance.

Solar stocks are looking dimmer. First Solar Inc. (Nasdaq: FSLR) is down sharply on increased receivables, and negative conference call comments about pricing and debt financing. Evergreen Solar Inc. (Nasdaq: ESLR) shares are sinking on a wider loss, lower margins and similar pricing concerns

Synaptics Inc. (Nasdaq: SYNA) shares are getting hammered on concerns about PC revenue and a CEO transition.

Novatel Wireless Inc. (Nasdaq: NVTL) shares are surging on raised Q3 guidance.

Abaxis Inc. (Nasdaq: ABAX) shares are up strongly after earnings, and a strong diagnostic reagent disc sales increase.

AVI BioPharma Inc. (Nasdaq: AVII) shares are down 9 percent in early trade, after the company filed a shelf registration.

-The 24/7 Wall St. Team

Top Pre-Market Analyst Upgrades (ARMH, BMRN, CYBX, FFIV, GPS, JNPR, LTD, MSFT, MYGN, NVTL, CRM)

These are the top pre-market analyst upgrades and positive calls we are seeing from Wall Street firms this Friday morning with more than two hours until the open.

  • Arm Holdings (ARMH) Raised to Buy at Goldman Sachs.
  • Biomarin Pharma (BMRN) Raised to Buy at Citigroup.
  • Cyberonics (CYBX) Raised to Buy at PiperJaffray
  • F5 Networks (FFIV) Started as Outperform at William Blair.
  • Gap Inc. (GPS) Raised to Buy at Citigroup.
  • Juniper Networks (JNPR) Started as Outperform at William Blair.
  • Limited (LTD)  Raised to Buy at Citigroup.
  • Microsoft (MSFT) Raised to Outperform at Oppenheimer.
  • Myriad Genetics (MYGN) Raised to Buy at Citigroup.
  • Novatel Wireless (NVTL) Raised to Neutral from Sell at Piper Jaffray.
  • Salesforce.com (CRM) Raised to Outperform at Baird.

Jon C. Ogg
November 21, 2008

The 52-Week Low Club 8/20/2008 (FNM)(FRE)(MNI)(CC)(NVTL)

Sad_clownFannie Mae (FNM) Fear the mortgage firm will fail. Drops to $3.95 from 52-week high of $70.57.

Freddie Mac (FRE) Ditto. Sells down to $2.95 from 52-week high of $67.20.

McClatchy Newspapers (MNI) Newspaper firm turns in bad July ad revenue. Drops to $3.53 from 52-week high of $23.58.

Circuit City (CC) Market does not think retailer can find a buyer. Dips to $1.63 from 52-week high of $11.55.

Novatel Wireless (NVTL) Turns in a bad quarter. Collapses to $6.05 from 52-week high of $27.20.

Douglas A. McIntyre

24/7 Wall St. Day Trading Alerts (NVTL)(STP)(JKHY)

HouseVSInvestor.com posted several day-trading alerts.

Novatel (NVTL) dropped sharply on very heavy volume after posting poor results.

Suntech (STP) and several other solar stocks made big moves on STP results.

Jack Henry & Associates (JKHY) dropped hard on a disappointing earnings report.

Douglas A. McIntyre

24/7 Wall St. Most Overpaid CEO Of The Day: Novatel (NVTL) CEO Peter V. Leparulo

95129cNovatel (NVTL) managed to post guidance that was below expectations. Expectations must have already been poor. The company’s stock is off 60% over the last year, and should fall further today.

For the third quarter, Novatel expects a loss of $.03 to breakeven per share, on revenue of $80 million to $85 million. According to Reuters, "Analysts were expecting earnings of 18 cents a share, on revenue of $96.2 million, for the period."

Read More »

Early-Bird Analyst Downgrades (AAP, ALNY, COMV, DISH, DPS, HAS, NATI, NVTL, STEL)

These are some of the early analyst downgrades or negative calls we are seeing this Wednesday in early pre-market hours:

  • Advance Auto Parts (AAP) Cut to Neutral at JPMorgan.
  • Alnylam Pharma (ALNY) Started as Underperform at Leerink Swann.
  • Comverge (COMV) Cut to Neutral at Broadpoint Capital.
  • DISH Network (DISH) Cut to Market Perform at Bernstein.
  • Dr. Pepper Snapple (DPS) Cut to Neutral at UBS.
  • Hasbro (HAS) Cut to Underperform at BMO Capital.
  • National Instruments (NATI) Cut to Neutral at Credit Suisse.
  • Novatel Wireless (NVTL) Cut to Sell at Piper Jaffray.
  • StellarOne (STEL) Cut to Underperform at Baird.

JON C. OGG
August 20, 2008

The 52-Week Low Club (BORL)(SIGM)(NVTL)(AFFX)(CROX)

Fremont General  (FMT) Down 50% today. Finally delisted. Hit bottom at $.26 against 52-week high of $13.80.

Avnet (AVT) Warns on profits. Slips to $27.76 from 52-week high of $44.68.

Kinetic Concepts (KCI) Sells convertible notes to fund acquisition. Drops to $40.27 from 52-week high of $66.77.

Northrop Grumman (NOC) Company plans to take first quarter charge. Sells down to $71.39 from 52-week high of $85.21.

Tesoro Corporation (TSO) Bad day for oil refiners. Concerns about margins. Falls to $25.06 from 52-week high of $65.98.

Gannett (GCI) Part of bath newspaper companies are taking. Sells off to $27.26 from 52-week high of $61.68.

Crocs (NASDAQ:CROX) Warns on numbers. Falls to $10.10 from 52-week high of $75.21.

Affymetrix (AFFX) Revised forecast for 2008 down. Drops to $10.08 from 52-week high of $31.95.

Novatel Wireless (NVTL) Company says it will miss Q1 numbers. Sells off to $7.42 from 52-week high of $29.14.

Sigma Designs (SIGM) Analyst says company is losing market share. Drops to $15.31 from 52-week high of $73.

Borland Software (BORL) No news. Project management software company shares move down to $1.40 from 52-week high of $6.22.

Douglas A. McIntyre

Earnings Damage Widens Across Industries (CROX)(AFFX)(NVTL)

The latest earnings news is a clear and definite indicator that the earnings damage from the current slowdown is unlike to take prisoner.

Crocs (NASDAQ: CROX), the maker of odd-balls shoes and a former Wall St. darling, is off 37% on a weak first quarter forecast. The company blamed the weak retail environment, which has been showing up in same-store sales for several months. CROX trades at $11.05 now, down from a 52-week high of $75.21. Retail was already dead, but this gave some further confirmation.

Affymetrix (NASDAQ: AFFX), a leader in the technology of genetic analysis, cut its revenue forecast for the year to a range of $510 million to $490 million from a previous range of $505 million to $525 million. It said the drop was due to cut-backs in R&D spending at customers. Shares moved down to $10.76 from a 52-week high of $31.95. The stock is off 34% today.

In the tech and telecom sector wireless modem maker Novatel (NASDAQ: NVTL) cut is Q1 guidance and put in a new CEO. Sales are expected to be $91 million down from previous forecasts of $110 million.:The company said a product delay in Europe hurt its numbers. The stock dropped 20% and trades at $8.05 down from a 52-week high of $29.14.

Three unrelated companies in unrelated sectors.

Douglas A. McIntyre

The 52-Week Low Club (PSYS)(NVTL)(VDSI)(BYD)(ESI)(LAD)

Lithia Motors (NYSE: LAD) Bad quarter, analyst downgrades. Falls to $9.78 from 52-week high of $30.54.

ITT Educational Services (NYSE: ESI) Student loan market getting very tight. Falls to $57.66 from 52-week high of $131.82.

Boyd Gaming (NYSE: BYD) No news. Falls to $23.32 from 52-week high of $54.22.

Vasco Data (NASDAQ: VDSI) Big earnings miss. Sells off to $11.22 from 52-week high of $44.25.

Novatel Wireless (NASDAQ: NVTL) Tough earnings and some downgrades. Flops to $10.20 from 52-week high of $28.14.

Psychiatric Solutions (NASDAQ: PSYS) Market does not like most recent numbers. Sells off to $27.17 from 52-week high of $42.75.

Douglas A. McIntyre