DELAFIELD, Wis. (Stockpickr) -- Professional traders running mutual funds and hedge funds don't just look at a stock's price moves; they also track big changes in volume activity. Often when above-average volume moves into an equity, it precedes a large spike in volatility.
>>5 Stocks Ready to Break Out This Month
Major moves in volume can signal unusual activity, such as insider buying or selling -- or buying or selling by "superinvestors."
Unusual volume can also be a major signal that hedge funds and momentum traders are piling into a stock ahead of a catalyst. These types of traders like to get in well before a large spike, so it's always a smart move to monitor unusual volume. That said, remember to combine trend and price action with unusual volume. Put them all together to help you decipher the next big trend for any stock.
>>5 Stocks Set to Soar on Bullish Earnings
With that in mind, let's take a look at several stocks rising on unusual volume today.
Top Long Term Stocks To Own For 2016: Digital Realty Trust Inc.(DLR)
Digital Realty Trust, Inc., a real estate investment trust (REIT), through its controlling interest in Digital Realty Trust, L.P., engages in the ownership, acquisition, development, redevelopment, and management of technology-related real estate. It focuses on strategically located properties containing applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacenter users, including the information technology departments of Fortune 1000 companies, and financial services companies. The company?s property portfolio consists of Internet gateway properties, corporate datacenter properties, technology manufacturing properties, and regional or national offices of technology companies. As of December 31, 2008, Digital Realty?s portfolio consisted of 75 properties, including 62 located in North America and 13 located in Europe. Digital Realty Trust has elected to be treated as a REIT for federal income tax purpo ses and would not be subject to income tax, if it distributes at least 90% of its REIT taxable income to its stockholders. The company was founded in 2004 and is headquartered in San Francisco, California with additional offices in Boston, Chicago, Dallas, Los Angeles, New York, Northern Virginia, and Phoenix, as well as in Dublin, London, and Paris.
Advisors' Opinion:- [By Ben Levisohn]
Since the last conference, for every winning pick like Akamai Technolgies (AKAM)–which gained 19% after being picked by Blue Harbour Group’s Clifton Robbins–or Digital Realty Trust (DLR)–which rose fell 27.5% after being picked as a short by Jonathon Jacobson of Highfields Capital Management–there’s been a stinker like Chipotle Mexican Grill�(CMG)–which gained 29% after Double Line’s Jeffrey Gundlach recommended shorting it–or Dex Media (DXM)–which advanced 53.7% after Hayman Capital’s Kyle Bass recommended selling. In fact, the average pick lost 3.8%, even as the S&P 500 gained 15.2%.
Top 10 Rising Stocks To Buy Right Now: J.C. Penney Company Inc. Holding Company(JCP)
J. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., operates department stores in the United States and Puerto Rico. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings. It also provides various services, such as styling salon, optical, portrait photography, and custom decorating. The company also sells its products through its Internet Web site, jcp.com. J. C. Penney Company, Inc. has strategic alliance with Martha Stewart Living Omnimedia, Inc. As of December 7, 2011, it operated approximately 1,100 department stores. The company was founded in 1902 and is based in Plano, Texas.
Advisors' Opinion:- [By Steve Symington]
Beleaguered retailer J.C. Penney (NYSE: JCP ) is all set to announce first-quarter earnings Thursday, and expectations couldn't get much lower.
- [By Rich Bieglmeier]
J. C. Penney Company, Inc. (JCP) has been under a lot stress, for a long time. Goldman Sachs says the company is burning through cash and is at risk of bankruptcy. At the same time, JCP is hoping raise as much as $1 billion in new capital.
- [By Ben Levisohn]
Shares of J.C. Penney (JCP) have gained 6.8% to $7.257 today after CEO�Myron Ullman spoke at a conference today.
APReuters�has the details:
J.C. Penney Co Inc�told investors for the third time in less than five weeks that sales trends are improving and reaffirmed its forecast calling for a rise in same-store sales in the third quarter…
“I told lenders it would be one thing if we had two things wrong and they couldn’t be fixed. We have 30 things wrong and they can all be fixed,” Ullman said on Monday morning.
After hitting $6.24 last week, their lowest level in more than 30 years, shares of J.C. Penney have gained 16%.
Its strong day has also helped boost other retailers.�Kohl���(KSS), for instance, has gained 1.4% to $55.51, while�Macy���(M) has risen 1.1% to $45.40. Sears Holdings�(SHLD), however, has dropped 1% to $55.34.
Top 10 Rising Stocks To Buy Right Now: SBM Offshore NV (SBMO)
SBM Offshore NV is the Netherlands-based company engaged in the offshore energy industry. It is a provider of floating production and mooring systems, in production operations and in terminals and services. The Company�� main activity is the design, supply, installation and operation of floating production, storage and offloading (FPSO) vessels. The Company�� business is divided into two segments: Lease and Operate, providing leasing and operation of oil and gas production facilities, and Turnkey, providing engineering, supply, overhaul and maintenance of Catenary Anchor Leg Mooring (CALM) buoys, swivels, mooring systems, fluid transfer systems and offloading systems. The Company has four main project execution centers located in the Netherlands, Monaco, the United States and Malaysia, and operates a number of subsidiaries. On September 4, 2013, the Company sold its cryogenic hose system technology to Trelleborg Industrial Solutions, the business area of Trelleborg AB. Advisors' Opinion:- [By Tom Stoukas]
PSA Peugeot Citroen and Anglo American Plc led carmakers and mining companies lower, respectively, on concern demand from China will weaken. St. James�� Place Plc tumbled the most in 4 1/2 years after Lloyds Banking Group Plc sold 77 million shares in the British wealth manager. SBM Offshore NV (SBMO) jumped to the highest price in 13 months after saying its first-quarter revenue increased 35 percent.
Top 10 Rising Stocks To Buy Right Now: Demand Media Inc. (DMD)
Demand Media, Inc. operates as an Internet media and domain services company worldwide. The company focuses on an Internet-based model for the professional creation and distribution of content at scale. It offers content and media, and registrar services. The company�s content and media services include creating media content primarily consisting of text articles and videos, and delivering together with its social media and monetization tools to the company's owned and operated Websites and mobile applications, and network of customer Websites and their mobile applications to publishers, brands, and retailers. Its content and media services are delivered through the company's content and media platform, which includes its content creation studio, social media applications, and a system of monetization tools designed to match content with advertisements. The company deploys its content and media platform to it�s owned and operated Websites, such as eHow.com, LIVESTRONG.CO M, and Cracked.com, as well as to Websites operated by its customers. Its registrar service offering provides domain name registration and related value added services, such as third-party Website security services, identification protection services, Web hosting plans, customizable email accounts, and business listing services to resellers, including small businesses, e-commerce Websites, Internet service providers, Web-hosting companies, and retail consumers. Demand Media, Inc. was founded in 2006 and is headquartered in Santa Monica, California.
Advisors' Opinion:- [By Lisa Levin]
Demand Media (NYSE: DMD) shares reached a new 52-week low of $4.23. Demand Media is expected to announce its Q1 results on May 8, 2014.
Express (NYSE: EXPR) shares fell 2.49% to touch a new 52-week low of $14.28. Express shares have dropped 14.83% over the past 52 weeks, while the S&P 500 index has gained 20.97% in the same period.
- [By Roberto Pedone]
One under-$10 Internet services player that's starting to move within range of triggering a near-term breakout trade is Demand Media (DMD), which focuses on an Internet-based model for the professional creation and distribution of content at scale. This stock has been hit hard by the bears so far in 2013, with shares off by 44%.
If you take a look at the chart for Demand Media, you'll notice that this stock has recently formed a triple bottom over the last month, with shares finding buying interest at $4.80, $4.72 and $4.88 a share. Shares of DMD have now started to spike higher off those support levels, and the stock is quickly moving within range of triggering a near-term breakout trade.
Traders should now look for long-biased trades in DMD if it manages to break out above some near-term overhead resistance levels at $5.39 to $5.46 and then once it takes out its 50-day moving average at $5.76 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 681,665 shares. If that breakout hits soon, then DMD will set up to re-test or possibly take out its next major overhead resistance levels at $6.50 to $7 a share. Any high-volume move above $7.14 would then give DMD a chance to re-fill some of its previous gap down zone from June that started near $8.50 a share.
Traders can look to buy DMD off any weakness to anticipate that breakout and simply use a stop that sits right below some key near-term support levels at $4.88 or at $4.72 a share. One can also buy DMD off strength once it clears those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.
Top 10 Rising Stocks To Buy Right Now: Green Dot Corporation (GDOT)
Green Dot Corporation operates as a bank holding company. It offers general purpose reloadable prepaid debit cards, and cash loading and transfer services in the United States. The company�s products include Green Dot MasterCard, Visa-branded prepaid debit cards, and various co-branded reloadable prepaid card programs; Visa-branded gift cards; and MoneyPak and swipe reload proprietary products that enable cash loading and transfer services through its Green Dot Network. Its Green Dot Network enables consumers to use cash to reload its prepaid debit cards or to transfer cash to any of the company�s Green Dot Network acceptance members, including competing prepaid card programs, and other online accounts. The company markets its cards and financial services to banked, underbanked, and unbanked consumers. Green Dot Corporation offers its products and services through retail distributors, including mass merchandisers, drug store and convenience store chains, and supermarket chains; the Internet; and relationships with other businesses. Its prepaid debit cards and prepaid reload services are available to consumers at approximately 60,000 retail locations nationwide and online at greendot.com. The company was formerly known as Next Estate Communications, Inc. and changed its name to Green Dot Corporation in October 2005. Green Dot Corporation was incorporated in 1999 and is headquartered in Pasadena, California.
Advisors' Opinion:- [By WWW.DAILYFINANCE.COM]
Patrick T. Fallon/Bloomberg via Getty Images PASADENA, Calif. -- Walmart is introducing a mobile checking account for its customers that will eliminate the overdraft and bounced-check fees traditionally charged by banks. It is Walmart's biggest push into the financial services sector and its target is customers that have limited access to traditional banking. The company's GoBank checking has no minimum balance requirements and the monthly fee of $8.95 is waived if a direct deposit of $500 is made each month. Clearing the way for people with poor credit scores and little money, Walmart said Wednesday that credit bureau ratings and other scores typically used to determine eligibility aren't part of the process. Daniel Eckert, senior vice president of services for Walmart U.S., said that the retailer's customers "feel they just aren't getting value from traditional banking because of high fees." Walmart is reaching for Americans who have suffered in the wake of the recession. Many of those people are the retailer's core customers. The Census Bureau said last week that median household incomes were $51,939 in 2013. Adjusting for inflation, that's 8 percent lower than in 2007, when the recession began. Increasingly meager paychecks have forced many Americans just getting by to pay fees for the same basic transactions that people with more money don't. Customers can receive payroll direct deposit earlier than their normal payday if their employer notifies GoBank of a deposit in advance. GoBank checking accounts offer additional services to aid in budgeting. The account notifies customers in real time if a purchase they are about to make falls outside of their budget. The "Fortune Teller" feature crosschecks the price of a particular item against a customer's planned income and other expenses. In addition, customers can send money instantly to each other at no charge through either email or a text message. Walmart Stores (WMT), based in Bentonville, Ark
- [By Rich Smith]
This series, brought to you by Yahoo! Finance, looks at which upgrades and downgrades make sense, and which ones investors should act on. Today, our headlines include upgrades for both Denny's (NASDAQ: DENN ) and Green Dot (NYSE: GDOT ) . But stocks can reach buy ratings in ways other than actual upgrades. So before we get to those two, let's first take a quick look at why ...
Top 10 Rising Stocks To Buy Right Now: Dreamworks Animation SKG Inc. (DWA)
DreamWorks Animation SKG, Inc. engages in the development, production, and exploitation of animated feature films and characters worldwide. It provides animated feature films and characters for the theatrical, home entertainment, television, and merchandising and licensing markets. The company also offers television specials and series, live entertainment properties, online virtual worlds, and related consumer products. It has approximately 21 animated feature films, including Shrek the Third, Shrek 2, and Madagascar. The company has strategic alliances with McDonald?s, Hewlett-Packard, Intel, and Samsung. DreamWorks Animation SKG, Inc. was founded in 1985 and is headquartered in Glendale, California.
Advisors' Opinion:- [By Lisa Levin]
The industry dropped 1.85% by 11:30 am. The worst performer in this industry was DreamWorks Animation SKG (NASDAQ: DWA), which declined 14.5%. DreamWorks posted a wider-than-expected loss on revenue below analysts' consensus.
- [By Chris Hill]
Monsters University won the weekend by taking in more than $82 million at the box office. It's the 14th consecutive time a Pixar film has debuted at No. 1. In this installment of Investor Beat, Jason and Andy discuss what Pixar means for�Walt Disney� (NYSE: DIS ) , the challenges facing DreamWorks Animation (NASDAQ: DWA ) , and whether investors should consider buying stock in the Magic Kingdom.
Top 10 Rising Stocks To Buy Right Now: Watsco Inc.(WSO)
Watsco, Inc., together with its subsidiaries, engages in the distribution of air conditioning, heating, and refrigeration equipment in the United States. It distributes residential central air conditioners; gas, electric, and oil furnaces; commercial air conditioning and heating equipment and systems; and other specialized equipments. The company also distributes various parts, including replacement compressors, evaporator coils, motors, and other component parts; and supplies comprising thermostats, insulation material, refrigerants, ductwork, grills, registers, sheet metal, tools, copper tubing, concrete pads, tape, adhesives, and other ancillary supplies. It serves approximately 50,000 contractors and dealers that service the replacement and new construction markets. The company also exports its products to Latin America and the Caribbean. Watsco, Inc. was founded in 1945 and is headquartered in Miami, Florida.
Advisors' Opinion:- [By Michael Flannelly]
Watsco Inc (WSO), a distributor of air conditioning, heating, and refrigeration equipment, announced early on Wednesday that it is raising its quarterly dividend payout by 60%.
The company will now pay a quarterly dividend of 40 cents per share, up from the previous payout of 25 cents per share. This dividend will be paid on October 31 to shareholders of record on October 15, with an ex-dividend date of October 10.
Albert H. Nahmad, Watsco’s Chairman & Chief Executive Officer stated, “Our philosophy of sharing cash flow through dividends continues. As we have stated many times in the past, our goal over the long-term is to pay increasing dividends while maintaining a conservative balance sheet with capacity to make investments in our business and build our network. We will consider future increases in light of such investment opportunities, cash flow, general economic conditions and our overall financial condition.��/p>
Watsco shares were inactive during pre-market trading on Wednesday. The stock is up 25.49% year-to-date.
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