Stockpickr Lists: Foster Wheeler Hits 52-Week High
Editor's Note: In this feature from Stockpickr , we highlight lists of stocks that have made new highs, lows or seen other unusual activity.
Foster Wheeler (FWLT), the oil and gas engineering and construction firm, was upgraded from neutral to buy late Thursday by analyst DA Davidson and was touted as a "Desired Dozen" by Jim Cramer on CNBC's "Mad Money," launching it atop Stockpickr's list of 52-Week Highs.
Foster Wheeler's shares also were Rising on Unusual Volume, leaving the company second only to China Petroleum & Chemical (SNP), the Chinese energy company, in that category.
Defense contractor SIFCO Industries' (SIF) shares soared Friday, after swinging to a profit in the second quarter ended March 31. The stock ended the day at $17.70, earning it Biggest % Gainer status.
Distributed Energy (DESC), the commercial energy generator, reported a wider first-quarter loss Friday, making it the Biggest % Loser. Foot Locker (FL) slashed first-quarter earnings guidance by two-thirds, sending shares down more than 7% to $21.63, a 52-Week Low. Merger talk for metals companies like Rio Tinto (RTP) and Alcan (AL) helped move Southern Copper (PCU) atop Stockpickr's Stocks with Unusual Option Activity list. Finally, electronics wholesaler Orbit International (ORBT) topped the Latest Activist Situations list, after hedge fund Monarch Activist Partners on Friday disclosed a 6.1% stake in the company and said in a 13D filing it intended to push management to explore ways to enhance shareholder value.Forum of the day
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