Investing

Top Active Trader Alert Stocks (BP, CGNX, CCUR, OFC, ESLR, MPEL, WFR, MVIS, NTRI, TEAM)

Active traders and day traders have many stocks to choose from this Tuesday morning.  We are tracking news and moves in shares of BP plc (NYSE: BP), Cognex Corp. (NASDAQ: CGNX), Concurrent Computer Corporation (NASDAQ: CCUR), Corporate Office Properties Trust (NYSE: OFC), Evergreen Solar Inc. (NASDAQ: ESLR), Melco Crown Entertainment Ltd. (NASDAQ: MPEL), MEMC Electronic Materials Inc. (NYSE: WFR), Microvision Inc. (NASDAQ: MVIS), NutriSystem Inc. (NASDAQ: NTRI), and TechTeam Global, Inc. (NASDAQ: TEAM).

BP plc (NYSE: BP) is trading higher after the troubled oil giant returned to a profit, even if its well costs remain an open-ended issue.  Shares are indicated up around $41.30 after a $40.70 close.

Cognex Corp. (NASDAQ: CGNX) beat earnings estimates after net income tripled and after guiding quarterly revenues ahead of estimates.  Shares are trading up 6.5% at $28.40 at a new 52-week high above $27.99.

Concurrent Computer Corporation (NASDAQ: CCUR) is lower after posting an unexpected loss for the quarter.  Shares closed at $6.90 and shares are down 28% at $4.96.

Corporate Office Properties Trust (NYSE: OFC) is lower this morning after announcing a 6.5 million shares secondary offering.  Shares are indicated down about 4% just under $34.50 after a $35.87 close and against a 52-week range of $31.77 to $43.61.

Evergreen Solar Inc. (NASDAQ: ESLR) had a narrower loss than before but was light on estimates; shares are indicated down 7% at $0.89 this morning.

Melco Crown Entertainment Ltd. (NASDAQ: MPEL) is hitting 52-week highs up over 7% at $7.00 after beating earnings with a surprise profit.

MEMC Electronic Materials Inc. (NYSE: WFR) missed Q3 earnings estimates and withdrew offering guidance.  Shares were down over 10% last night in the after-hours session, but now shares are down ‘only’ about 3% around $12.30 in active trading.

Microvision Inc. (NASDAQ: MVIS) is down 14% at $1.72 after posting a wider than expected loss yesterday after the close.  Volume is thin, but this marks a 52-week low as the prior 52-week trading range was $1.91 to $4.11.

NutriSystem Inc. (NASDAQ: NTRI) rose approximately 7% last night after beating earnings despite revenues being a tad light.  This morning shares are trading up 5.6% at $19.85 in thin pre-market trading.

TechTeam Global, Inc. (NASDAQ: TEAM) is merging with a Stefanini IT Solutions affiliate for $8.35 per share; shares are trading up 16% at $8.30 on very thin trading volume.

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JON C. OGG

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