NQ Mobile (NYSE: NQ) Stocks Seem Confused After Positive Earnings
Yesterday, NQ Mobile (NYSE: NQ) released a relatively impressive earnings report. While analysts expected the company to generate earnings per share around $0.02, the company was able to produce $0.03. However, even following the positive earnings report, the company’s stock seems relatively confused as to where to go. Following a nice climb earlier in the day, the stock fell and is now jumping into the green before falling into the red as the confusion continues. Currently (12:10), the stock is trading at $3.91 per share after a loss so far today of 1.01%.
Outlook – If you follow my writing, you know that I love to see company’s with positive earnings reports. While I’m not quite sure why NQ Mobile stocks are falling today, I do think that the company will do great in the long run. After all, you can’t argue with earnings that surpass expectations.
Plug Power (NASDAQ: PLUG) Stocks Gain Even After Downgrade
After producing a far less than impressive earnings report, Plug Power (NASDAQ: PLUG) stocks plummeted. Not to mention that yesterday, analysts at Roth Capital dropped the company’s target price by 35%. Nonetheless, investors seem to be looking past the negative today and the stock is soaring. Currently (12:18), Plug Power is trading at $2.66 per share after a gain of 2.58% so far today/.
Outlook – As I’ve mentioned in the past, I’m never too interested in a company that hasn’t proven its ability to generate profits on a regular basis. Unfortunately, Plug Power is one of those companies. While I had optimistic expectations before the last earnings report; I think the last report was the straw that broke the camel’s back for me.
BlackBerry (NASDAQ: BBRY) Continues To Struggle On Bad News
BlackBerry (NASDAQ: BBRY) has had a rough time in the market recently. Not only has the company been downgraded by Goldman Sachs, they’ve taken hit after hit by people that I think are attempting to drive the price down. From talking about why a tablet can’t save the company to reiteration of the stock being “underweight”, it seems as though one after another people are lining up to bash this stock. As a result, we’re seeing more declines from BlackBerry today. Currently (12:31), the stock is trading at $9.69 per share after losing 0.82% so far today.
Outlook – I think that the people bashing BlackBerry’s stock are really missing the bigger picture. BlackBerry isn’t a phone company anymore, nor are they banking all of their money on the Tablet. Instead, the company is weaving itself into what’s quickly becoming known as the “Internet of Things”. I think that within the next year or so, BlackBerry will come out with something that Investors simply won’t be able to ignore. Unfortunately, in the short term, we can expect this one to fall a bit more.
MicroVision (NASDAQ: MVIS) Stocks | Will The Climb Continue?
MicroVision (NASDAQ: MVIS) stocks soared, gaining more than 40% following a massive component order. However, today, the stock seems to be a bit confused. After the massive gains MicroVision stocks seem to be confused, bumping slightly over the green line and slightly falling below. Currently (12:44), the stock is trading for $3.93 per share, down 1.50% so far today.
Outlook – As I say all the time, I love to invest in companies that are capable of producing a profit. The new, massive order shows that the company will definitely be capable of producing a profit this quarter.
Twitter (NYSE: TWTR) Stocks Climb As They Test Larger Mobile Ads
Twitter (NYSE: TWTR) announced today that they are currently testing larger mobile ads. The larger ads should increase clicks and income. As a result, the stock is climbing today. Currently (12:48), Twitter is trading at $47.53 per share after a gain of 0.70% so far today.
Outlook – Twitter is one of my favorite companies to watch. While investors may have thought the company hit a plateau with the new user issue, the company proves time and time again that it is capable of raking in the profits.
What Are Your Thoughts
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