DELAFIELD, Wis. (Stockpickr) — There isn’t a day that goes by on Wall Street when certain stocks trading for $10 a share or less don’t experience massive spikes higher. Traders savvy enough to follow the low-priced names and trade them with discipline and sound risk management are banking ridiculous coin on a regular basis.
Just take a look at some of the hot movers in the under-$10 complex from Thursday, including Ocean Power Technologies (OPTT), which is ripping higher by 26%; ShoreTel (SHOR), which is trending up 17%; GrafTech International (GTI), which is spiking higher by 17%; and Hudson Technologies (HDSN), which is soaring by 13%. You don’t even have to catch the entire move in lower-priced stocks such as these to make outsized returns when trading.
Low-priced stocks are something that I tweet about on a regular basis. I frequently flag high-probability setups, breakout candidates and low-priced stocks that are acting technically bullish. I like to hunt for low-priced stocks that are showing bullish price and volume trends, since that increases the probability of those stocks heading higher. These setups often produce monster moves higher in very short time frames.
10 Best Internet Stocks To Own Right Now: Google Inc.(GOOG)
Google Inc. maintains an index of Web sites and other online content for users, advertisers, and Google network members and other content providers. It offers AdWords, an auction-based advertising program; AdSense program, which enables Web sites that are part of the Google Network to deliver ads from its AdWords advertisers; Google Display, a display advertising network that comprises the videos, text, images, and other interactive ads; DoubleClick Ad Exchange, a real-time auction marketplace for the trading of display ad space; and YouTube that provides video, interactive, and other ad formats for advertisers. The company also provides Google Mobile that optimizes Google?s applications for mobile devices in browser and downloadable form; and enables advertisers to run search ad campaigns on mobile devices, as well as Google Local that provides local information on the Web; and Google Boost for small businesses to participate in the ads auction. In addition, it offers And roid, an open source mobile software platform; Google Chrome OS, an open source operating system; Google Chrome, a Web browser; Google TV, a platform for the consumers to use the television and the Internet on a single screen; and Google Books platform to discover, search, and consume content from printed books online. Further, the company provides Google Apps, a cloud computing suite of message and collaboration tools, which includes Gmail, Google Docs, Google Calendar, and Google Sites; Google Search Appliance that offers real-time search of business and intranet applications, and public Web sites; Google Site Search, a custom search engine; Google Commerce Search for online retail enterprises; Google Checkout to make online shopping and payments streamlined and secure; Google Maps Application Programming Interface; and Google Earth Enterprise, a firewall software solution for imagery and data visualization. Google Inc. was founded in 1998 and is headquartered in Mountain View, California.
- [By MONEYMORNING.COM]
Likewise, Apple’s iOS operating system was used on approximately 15.5% of smartphones worldwide in 2013. That compares to Google Inc.’s (Nasdaq: GOOG) Android operating system, which claimed nearly 79% of the market.
- [By Reuters]
Marcio Jose Sanchez/APThe Nest smoke and carbon monoxide alarm. SAN FRANCISCO — Nest Labs, the maker of smart thermostats that Google (GOOG) acquired for $3.2 billion, called a halt to all sales of its smoke alarms Thursday after it discovered a possible defect that could cause users to turn it off unintentionally. Nest co-founder and Chief Executive Officer Tony Faddell said that, under a unique set of circumstances the alarm’s “Nest Wave” feature, which allows a user to switch off the device with a wave of the hand, could be inadvertently activated. Faddell, one of the creators of Apple’s (AAPL) iPod, apologized in the blogpost for a problem that was discovered during recent laboratory testing. He added that no customer had complained so far. “We observed a unique combination of circumstances that caused us to question whether the Nest Wave … could be unintentionally activated. This could delay an alarm going off if there was a real fire,” he said. “The fact that it could even potentially happen is extremely important to me and I want to address it immediately.” He didn’t specify that set of circumstances. Nest will immediately disable the Wave feature — one of many innovative design elements that has won the company and its devices acclaim — in all smoke alarms that are Wi-Fi connected while it works on a software update to fix the possible defect. It said the fix, plus regulatory approvals, could take two to three months to complete. Customers without Wi-Fi connected devices should either disable it or return it for a full refund, the company added. Nest halted all sales of its smoke alarms to prevent customers from buying a device that would need an immediate software patch. Google announced plans in January to acquire Nest via its second largest deal, to expand into a broader array of devices and bring valuable hardware design expertise in-house. Nest gained a large following with its first thermostat — a round, brushed-metal device wi
- [By Jayson Derrick]
Google’s (NASDAQ: GOOG) recently acquired Nest Lab hit a bump in the road as a feature that enables a user to turn off a device could easily be activated accidentally. An upgrade could take up to three months to fix the error. Shares lost 4.67 percent, closing at $543.14.
10 Best Internet Stocks To Own Right Now: Amazon.com Inc.(AMZN)
Amazon.com, Inc. operates as an online retailer in North America and internationally. It operates retail Web sites, including amazon.com and amazon.ca. The company serves consumers through its retail Web sites and focuses on selection, price, and convenience. It also offers programs that enable sellers to sell their products on its Web sites, and their own branded Web sites. In addition, the company serves developer customers through Amazon Web Services, which provides access to technology infrastructure that developers can use to enable virtually various type of business. Further, it manufactures and sells the Kindle e-reader. Additionally, the company provides fulfillment; miscellaneous marketing and promotional agreements, such as online advertising; and co-branded credit cards. Amazon.com, Inc. was founded in 1994 and is headquartered in Seattle, Washington.
- [By Ben Levisohn]
Only the Nasdaq Composite showed the true destruction: It fell 2.6% to 4,127.73 on Friday and finished off 0.7% on the week. Among the big losers: E*Trade Financial (ETFC), which plunged 9.6% to $20.43 on concerns about its “pay for order flow” practices, Akamai Technologies (AKAM), which fell 6.7% to $54.35, Netflix (NFLX), which dropped 6% to $337.31 despite the fact that it might get a boost from Amazon’s (AMZN) new set-top box. Regeneron Pharmaceuticals (REGN) dropped 4.9% to $285.34 as biotech stocks got drubbed.
- [By Mark Reeth, Michael Finarelli, and Sean O’Reilly]
On Wednesday afternoon, Amazon.com (NASDAQ: AMZN ) revealed its latest departure from its one-time business model as an online book retailer, a new set-top style device called Fire TV. The device plugs into a consumer’s television, and gives them access to a number of popular services, including Hulu, Netflix (NASDAQ: NFLX ) , Showtime and, of course, Amazon Prime. The device is now available on Amazon.com, selling for $99.
- [By Sue Chang and Saumya Vaishampayan]
AMZN: Amazon.com Inc. (AMZN) shares slid 3.2%. The Internet retailer released Fire TV, a new gadget that allows access to various content, including movies and games, from different sources to a tepid response.
- [By Rick Aristotle Munarriz]
Jin Lee/Bloomberg/Getty ImagesAmazon executive Peter Larson with the Fire TV. The Fire TV from Amazon.com (AMZN) raises the bar for set-top devices in new and unusual ways. Wednesday’s debut came with plenty of positive surprises — and a negative, the price. Amazon has historically priced its products at the low end of the spectrum, something that it learned quickly after introducing the Kindle e-reader at $399 in 2007 before getting aggressive with price cuts. Fire TV hit the market at $99, and while that may seem reasonable compared to what streaming devices were fetching just a few years ago, it’s nowhere close to being one of the cheaper Web-savvy boxes for video buffs. Google’s (GOOG) Chromecast turned heads at $35 last year, and entry-level Roku players can be had for less than $50. Apple (AAPL) is at the high end of the range at $99, but even Amazon.com itself is selling them for less than $93 these days. Apple, Roku, and Google have each reportedly sold millions of their devices that use Wi-Fi connectivity to stream Internet videos on TV screens. Can Amazon make a difference as the most expensive option in a crowded playing field?
10 Best Internet Stocks To Own Right Now: eBay Inc.(EBAY)
eBay Inc. provides online platforms, services, and tools to help individuals and merchants in online and mobile commerce and payments in the United States and internationally. Its Marketplaces segment operates ecommerce platform eBay.com; vertical shopping sites, such as StubHub, Fashion, Motors, and Half.com; and classifieds Websites, including Den Bl