This Day On The Street
Continue to site
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

6 Hot Stocks on Traders' Radars

AMC Networks

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Nearest Resistance: $46

Nearest Support: $42

Catalyst: Profit Miss

It's been a good year so far for shares of AMC Networks (AMCX - Get Report). The cable TV network owner has rallied more than 18% already in 2012, even if today's price action is a bit of a black eye for shareholders.

The firm missed Wall Street's profit expectations due to hefty marketing costs for new seasons of the firm's flagship shows. Still, shares appear to have stabilized by the midpoint in the session, a factor that could spare AMCX from the fate of the other stocks we've looked at.

AMCX has been locked in a well-defined uptrend since the beginning of November, a good thing for bulls. Even though today's 3.2% drop on earnings shoves shares back down to trend line support, the fact that this stock is holding support is critical.

It makes sense to buy AMCX on a bounce off of support.

AMCX, which shows up on a list of Consumer Discretionary Stocks Bought and Sold by Hedge Funds, was one of " 8 Stocks Billionaire John Paulson Loves."

5 of 7

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr 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

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
VRA $14.52 1.90%
AMCX $65.54 -4.10%
GES $18.11 1.20%
ITMN $73.89 -0.03%
SCHL $33.58 -0.21%


Chart of I:DJI
DOW 15,906.52 -298.45 -1.84%
S&P 500 1,844.84 -35.21 -1.87%
NASDAQ 4,268.0420 -95.1020 -2.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs