StreetInsider.com Blog

Some tips, comments and laughs on the stock market from the team at StreetInsider.com

Thursday, January 25, 2007

Stocks to Watch Tomorrow 01/26

Today's I've-been-holding-this-little-shit-for-months-and-nothing-and-now-that-I-sell-the-fucker-the-stock-soars micro-cap stock was Overhill Farms, Inc. (AMEX: OFI). The stock jumped nearly 47% today after the company signed a three-year agreement to produce meals for a major national food brand. The agreement is expected to generate sales of approximately $43 million during the first year. The company said it is on track to reach annual revenues of over $200M by Q3, versus the $168.3M reported all of last year. This one could have legs.

Biggies reporting earnings tomorrow include Caterpillar (NYSE: CAT) and Halliburton (NYSE: HAL).

While slow to develop, I still like Rackable Systems Inc. (Nasdaq: RACK) as a bounce play. The stock closed higher today despite the market lashing.

Watch the homies tomorrow. New Home sales are due at 10AMET. Today the group was smacked down on the existing homes number and lousy earnings.

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