This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

5 Stocks Crossing the 200-Day Moving Average

Stocks in this article: ZQKHELEVVTVEKDF

Helen of Troy (HELE)

The personal care products company shot up Thursday on the news that it would be acquiring privately held Kaz. Kaz markets products to retailers under license from Procter & Gamble (PG) and Honeywell (HON).

Investors loved this deal, pushing shares of HELE more than 12% higher. The deal is not expected to be a burden on Helen, and the company has a history of acquiring assets and integrating into its business model.

This deal indeed merits traders' attention, since the stock crossed its 200-day moving average on Thursday. Expect more gains in this stock going forward.

ValueVision Media (VVTV)

ValueVision's ShopNBC home shopping network looks to be having a blockbuster holiday selling season so far. The company recently announced that Black Friday and Cyber Monday sales improved by 12% and 36%, respectively. In the last month alone, shares have gained more than $1 per share.

The small-cap stock has been on fire of late, having doubled in value over the last three months. Are the gains sustainable? The answer depends on the economy.

ValueVision needs to show positive earnings results before shares can move higher. Yes, the company now has the technical winds behind it, but I would be a bit cautious on the name going forward. Shares may have come too far too fast.

If we get a January-effect correction, as I expect we will, ValueVision could give up some of those gains. I don't see many bullish reasons to own this name from a fundamental perspective. I would take a wait and see.

Eastman Kodak (EK)

Buyout rumors helped propel Eastman Kodak 11% higher Thursday. It too has crossed above its 200-day moving average.

Run as fast as you can. Sell, sell, sell. Eastman Kodak is finished in my book. The company failed to adapt to the digital realm. To slow to react, it is only a matter of time before this company becomes completely irrelevant. If some other sucker wants your shares, give them up gladly.

Trading above its 200-day average means absolutely nothing. Late in the day Thursday, the company was removed from the S&P 500 index. That will bring selling pressure in its own right. There is nothing bullish about Eastman in my opinion.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,614.81 +215.14 1.31%
S&P 500 1,941.28 +37.27 1.96%
NASDAQ 4,419.4780 +103.4040 2.40%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs