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Stocks On New High – Wells Fargo & Co (NYSE:WFC), Texas Instruments Incorporated, Chimera Investment Corp, Bristol Myers Squibb Co

on 12/03/2013

Massapequa Park – March 12, 2013 — (Net PR News) -King Penny Stocks is an elite financial community for investors and traders alike who are looking to potentially gain financial freedom through the markets on undervalued companies and “in-play” momentum penny stocks. Today, we bring a special trend analysis of the following stocks: Wells Fargo & Co (NYSE:WFC), Texas Instruments Incorporated (NASDAQ:TXN), Chimera Investment Corporation (NYSE:CIM), Bristol Myers Squibb Co. (NYSE:BMY)

PLUS you’ll get KingPennyStock’s Pro Trading Rules Mini E-book absolutely FREE! Claim Your Copy

Wells Fargo & Co (NYSE:WFC) declared a commitment to give a cumulative of $55 billion to women-owned businesses in the U.S. by the year 2020, confirming its lending pledge first established in 1995. The declaration will be made by Lisa Stevens, Wells Fargo lead executive for Small Business and West Coast Regional Banking president, at the Hispanas Organized for Political Equality (HOPE) 22nd Annual Latina History Day conference in Los Angeles.

What was the Moving Force behind WFC’s Bullish Run? Read This Research Report on WFC

In the early trading, Wells Fargo & Co (NYSE:WFC) jumped +0.01% to $37.09 and its total traded volume was 3.73 million shares. Stock hit a new 52 weeks high of $37.17.

Texas Instruments Incorporated (NASDAQ:TXN) shares moved up and hit a new 52 weeks high of $35.70 after Wedbush reaffirmed its “Outperform” rating on the stock.

In the mid-day trading hours, Texas Instruments Incorporated (NASDAQ:TXN) gained +0.53% to $35.67 and its total traded volume was 2.40 million shares. TXN has a market cap of 39.54 billion and its beta value stands at 1.11 times. Texas Instruments Inc. (TI) designs and makes semiconductors, which it sells to electronics designers and manufacturers globally.

For How Long will TXN Fight for Profitability? Read This Trend Analysis report

Chimera Investment Corporation (NYSE:CIM) jumped +1.25% to $3.23 in the mid-day trading with the total traded volume of 2.34 million shares. Stock hit a new 52 weeks high of $3.24 and its 52 weeks low was $1.81. The total market capitalization remained $3.28 billion.

CIM is ahead of its 52 week low 91.02% and its last month price volatility remained 2.80%. Its beta coefficient was 1.29 with a target price of $2.73. In its share capital, CIM has 1.03 billion outstanding shares and all shares have been floated in the market. Company’s current year earnings per share grew 1.37% while the five year EPS growth rate was +12.76%.

For How Long will CIM’s Gloss Attract Investors? Find out via this report

Bristol Myers Squibb Co. (NYSE:BMY) shares surged +1.07% to $37.92 in the mid-day trading hours and its total traded volume was 2.27 million shares. Stock hit a new 52 weeks high of $37.95. BMY has a market cap of 62.09 billion. Bristol-Myers Squibb Company (BMS) is engaged in the discovery, development, licensing, manufacturing, marketing, distribution and sale of biopharmaceutical products on a global basis.

Will BMY Continue To Move Higher? Find Out Here

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King Penny Stocks provides up to the minute dissemination of news while reporting on stocks that are actively traded in the small cap arena whether trading on the Nasdaq small caps, AMEX or the OTC markets. Since performance is key in our industry, it’s no wonder why our ground breaking alerts on active stocks have brought us to the forefront of this industry. Our due diligence on trend analysis has caught the attention of the very best chart technicians in the business.

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Source: kingPennyStocks.com Posted Tue, March 12, 2013 17:00 - Permalink