Schaeffer's S&P 500 Index Hot Stocks Features Best Buy, Mylan Laboratories, Delphi, Altria Group, and BMC Software.CINCINNATI -- Among the stocks featured in the June 14 edition of Schaeffer's S&P 500 Index Hot Stocks are Best Buy (NYSE NYSE See: New York Stock Exchange :BBY BBY Best Buy (stock symbol) BBY Before Battle of Yavin (Star Wars) BBY BeBeyond (Chinese online community) ), Mylan Laboratories (NYSE:MYL MYL Mind Your Language MYL Made You Laugh MYL Miss You Lots MYL Meet You Later MYL Miss You Loads ), Delphi (NYSE:DPH DPH Diploma in Public Health. DPH abbr. 1. Diploma in Public Health 2. Doctor of Public Health 3. Doctor of Public Hygiene ), Altria Group “Philip Morris” redirects here. For the racecar driver, see Philip Morris (autoracer). Altria Group, Inc. (NYSE: MO) (previously named Philip Morris Companies Inc. (NYSE:MO), and BMC Software BMC Software, Inc. NYSE: BMC, is an American enterprise management software provider, focusing on IT infrastructure applications. BMC was founded in 1980 and is headquartered in Houston, Texas. (NYSE:BMC (BMC Software, Inc., Houston, TX, www.bmc.com) A leading supplier of software that supports and improves the availability, performance, and recovery of applications in complex computing environments. ). Schaeffer's S&P 500 Index Hot Stocks is just one of the many free market commentaries written everyday at www.SchaeffersResearch.com - the home of Bernie Schaeffer and Schaeffer's Investment Research. For additional information about this report or to have it delivered to you free via email every day click on the following link. http://www.schaeffersresearch.com/redirect.aspx?CODE=PRSHS1M&PAGE=1 . Schaeffer's S&P 500 Index Hot Stocks for Tuesday, June 14, 2005: A daily feature available on SchaeffersResearch.com is the "SPX (Sequenced Packet EXchange) The transport layer protocol in the NetWare operating system. Similar to the TCP layer in TCP/IP, it ensures that the entire message arrives intact. SPX uses NetWare's IPX as its delivery mechanism. Hot Stocks" column. Each afternoon, we will provide a list of the day's top-20 performing stocks in the S&P 500 Index (SPX - 1,203.06) as well as the bottom-20 names. Featured along with this table will be news that is moving some of the securities. NOTE: Stocks trading under $5 per share have been eliminated from this listing of the top-20 and bottom-20 performing stocks. It's been a rather quiet day on the Street, as the SPX continues to hover just above breakeven breakeven 1. The level of output or sales necessary to cover fixed expenses. Companies in industries that have high fixed costs and, consequently, high breakevens, such as automobile and steel manufacturing, are likely to exhibit large fluctuations . The flat reaction is rather surprising, especially given the lower-than-expected Producer Price Index that arrived earlier in the session. At last check, the SPX was up 3.05 points, or 0.25 percent, with 61 percent of its components on track for a higher finish on the day. Best Buy (NYSE:BBY) lived up to its name today, surging more than 14 percent after the company reported solid first-quarter earnings. In the period, BBY earned 51 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , far better than last year's same-quarter earnings of 34 cents per share. Not only were these earnings better than last year, BBY crushed analysts' expectations for 30 cents per share. The company also lifted its guidance for the full fiscal year. Mylan Laboratories (NYSE:MYL) has jumped more than 10 percent higher today to arrive as our second biggest mover on the day. The company announced a $1.25 billion share buyback, doubled its annual dividend, and projected 2006 and 2007 earnings ahead of the consensus estimate. And for an encore, it will juggle these three chainsaws! But seriously, the stock gapped higher on the open this morning on the news, taking out prior resistance at the 19 level. The only barrier in MYL's path now is its 20-month moving average, which resides just above the equity. Delphi (NYSE:DPH) rarely gets a chance to appear on our hot stocks list, mainly because it has trouble holding above our cutoff for five-dollar stocks. However, the shares are clinging to that threshold in today's session, having added more than 9.50 percent in the process. The fuel for this fire was an upgrade from Deutsche Bank Deutsche Bank AG (IPA: /'dɔɪ.tʃə/[1]) (ISIN: DE0005140008, NYSE: DB) (English: German Bank to "hold" from "sell." The brokerage firm noted that while the stock remains a risky bet, most of this has already been priced in following its 40-percent year-to-date drop. Altria Group (NYSE:MO) is trying to put out the flames today, after the Illinois Supreme Court decided to delay its judgment on a class-action case involving light cigarettes. This delay in the case is expected to prompt the tobacco titan to delay its breakup breakup The division of a company into separate parts. The most famous breakup to date was the 1984 division of AT&T (formerly, American Telephone & Telegraph Company). This breakup was intended to increase competition in the communications industry. until 2006. MO had planned to split the company up at the end of 2005. As a result, the equity finds itself at the bottom of our list with a nearly two-percent loss on the day. Yesterday, BMC Software (NYSE:BMC) stated that it plans to file a 15-day automatic extension with the Securities and Exchange Commission related to its annual report. While the stock soared in yesterday's session after this release, the equity is apparently taking a hefty breather from Monday's run higher, declining more than 1.53 percent so far today. Furthermore, short-term resistance at the 17.50 level is also partly to blame for today's weakness in the shares. Semiconductor concern Teradyne (TER Third version. See bis. ) also finds itself on the losing end of today's trading, despite a distinct lack of discernable news. The equity has traded in a rather tight range since mid-May, trapped largely between the 13 and 13.50 levels. Today's pullback Pullback A falling back of a price from its peak. This type of price movement might be seen as a brief reversal of the prevailing upward trend, signaling a slight pause in upward momentum. has the security trading near the lower rail of this range, with TER also breaching its 10-day and 20-day moving averages for the first time since May 3. Click the following link to see a Chart of the SPX 500 Index's Top-20 Percentage Gainers: http://www.schaeffersresearch.com/wire?ID=13406 . Click the following link to see a Chart of the SPX 500 Index's Top-20 Percentage Losers: http://www.schaeffersresearch.com/wire?ID=13406 . Take advantage of the timely Schaeffer commentaries by signing up for their free e-newsletters -- Opening View, Market Recap and Monday Morning Outlook. Click here to have the Schaeffer's commentaries delivered to you free via email every day. http://www.schaeffersresearch.com/redirect.aspx?CODE=PRSHS1M&PAGE=1 . About Schaeffer's Investment Research (www.SchaeffersResearch.com) Schaeffer's Investment Research, founded by Bernie Schaeffer in 1981, is a financial information and trading resources company. It publishes Bernie Schaeffer's Option Advisor, the nation's leading options subscription newsletter. The firm's contrarian approach focuses on stocks with technical and fundamental trends that run counter to investor expectations. The firm's website, http://www.SchaeffersResearch.com , is recognized as one of the leading information sources for stock and options traders and was cited as the top options website by both Forbes and Barron's. Click here for more details about Schaeffer's trading methodology: http://www.SchaeffersResearch.com/method . |
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