Stocks to Watch Tomorrow 12/15
Dectron Internationale Inc. (Nasdaq: DECT) is the latest micro-cap to catch the momentum bug, jumping 48% today after reporting Q3 results. This could continue moving or we could see profit takers.
Redback Networks Inc. (Nasdaq: RBAK) jumped 12.3% today, with takeover rumors surfacing late in the session. We could see profit takers here if rumors prove bogus.
Lattice Semiconductor (NASDAQ: LSCC) warned for Q4. A number of chips companies have warned recently, so some of the miss may be built in.
AMD (NYSE: AMD) surged 12.6% today after a rosy chip forecast for the number two chip-maker. The company expects shipments to rise about 20% in 2007. We could see profit takers tomorrow after today's big move.
LodgeNet Entertainment Corp. (Nasdaq: LNET) was up 15.3% today after the company announced a deal to buy On Command. The street loved the news.
Progen Industries Ltd. (Nasdaq: PGLA), yesterday's 120% mover, gave back 19.8% today. The stock is still on trading radars and could go higher after consolidating. But often times you see equity offerings after big move in cash-hungry biotech stocks.
SiRF Technology Holdings Inc. (Nasdaq: SIRF) sunk 11.5% today on comments from an analyst suggesting a competitor won business at TomTom. Look for dip buyers
Adobe Systems Inc. (Nasdaq: ADBE) reported in-line results and guidance after the close. The company made rosy comments on its conference call, sending the stock 4% higher after-hours.