7 Stocks Under $10 Surging Higher
New York Times
New York Times (NYT) is a global, multimedia news and information company that includes newspapers, digital businesses, investments in paper mills and other investments. This stock is trading up 11.3% at $7.85 in recent trading.
Today's Range: $7.20-$7.97
52-Week Range: $5.50-$8.92 Volume: 1 million Three-Month Average Volume: 1.1 million Shares of NYT are soaring today after the company reported better-than-expected second quarter results. The company reported an adjusted profit of 14 cents per share on revenue of $515.2 million, versus Wall Street estimates of 13 cents on $511 million in revenue. >>5 Stocks With Huge Insider Buying From a technical perspective, NYT is making a powerful bounce right off its 50-day at $6.98 and its 200-day at $7.06 with solid volume. This move is quickly pushing NYT within range of triggering a major breakout trade. That trade will hit once NYT takes out some overhead resistance levels at $8 to $8.46 with high volume. Traders should now look for long-biased trades in NYT as long as it's trending above some near-term resistance at $7.70, and then once it clears both of those moving averages with high volume. Look for volume off that move that hits near or above its three-month average volume of 1.1 million shares. If we get that action, then look for NYT to challenge its next major overhead resistance levels at $9.73 to $10.00, or possibly even $11.00.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, 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
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid 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
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
