Day traders and active traders have many stocks to choose from. Some are on earnings, some are not. The top day trader and active trader alerts early this Tuesday are BP plc (NYSE: BP), Rambus Inc. (NASDAQ: RMBS), NVIDIA Corp. (NASDAQ: NVDA), Regions Financial Corp. (NYSE: RF), Sanmina-SCI Corporation (NASDAQ: SANM), Valero Energy Corp. (NYSE: VLO), Veeco Instruments Inc. (NASDAQ: VECO), Volterra Semiconductor Corporation (NASDAQ: VLTR), and Zoran Corporation (NASDAQ: ZRAN).
BP plc (NYSE: BP) has literally been all over the place. Its earnings came out with a huge loss after the spill charges. Hayward is gone as CEO and Dudley is replacing him. Shares were up $0.03 at $38.63 on over 1 million ADRs with more than 30 minutes to open.
Rambus Inc. (NASDAQ: RMBS) was already active in options yesterday ahead of the NVIDIA Corp. (NASDAQ: NVDA) ruling, where the ITC ruled FOR Rambus and AGAINST NVIDIA. Rambus is up almost 10% at $21.50 on over 100,000 shares; NVIDIA is actually up 0.1% at $10.56 on over 200,000 shares. The logic here is that NVIDIA will just pay a royalty.
Regions Financial Corp. (NYSE: RF) is up almost 5% at $7.43 on more than 1.2 million shares in the pre-market after its loss from operations was lower than expected. Te 52-week trading range here is $3.69 to $9.33.
Sanmina-SCI Corporation (NASDAQ: SANM) closed up 4.6% at $15.86 but shares are down almosy 7% around $14.75 this morning on thin volume. The EMS outfit posted a profit on a mixed fanfare in the quarter and its guidance is mostly in-line. Keep in mind that the 52-week range is $0.73 to $20.30.
Valero Energy Corp. (NYSE: VLO) reported a $583 million profit, which appears to be the first real profit in more than a year. Shares are up 4.25% at $18.31 on over 150,000 shares having traded in the pre-market.
Veeco Instruments Inc. (NASDAQ: VECO) was up over 4% yesterday and is up 4.9% at $44.89 on about 30,000 shares. The company beat earnings estimates and raised guidance, but keep in mind that the 52-week range is $14.06 to $54.50.
Volterra Semiconductor Corporation (NASDAQ: VLTR) reported a gain in Q2 profit and sales but said its Q3 projections are in-line. Shares are down 6.55% at $25.84 on almost 20,000 shares.
Zoran Corporation (NASDAQ: ZRAN) Q2 was mixed, but Q3 guidance was short of expectations and it is becoming a serial-disappointment. Shares are down 11.5% at $8.65 on more than 20,000 shares.
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JON C. OGG