This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Yahoo!, RIM, Sirius, Apple: Tech Premarket

Stocks in this article: YHOO RIMM SIRI AAPL

NEW YORK ( TheStreet) -- Yahoo! (YHOO) shares rose 1.73% to $15.88 early on Thursday, buoyed by positive analyst sentiment.

Goldman Sachs reinstated its buy rating on the Internet giant in a note.

"We believe the value of Yahoo's balance sheet assets and the core business are worth more than the current stock price," wrote Goldman, which has a $22 price target on the stock.

In another note, Cantor Fitzgerald analyst Youssef Squali wrote that " a re-emphasis on growth seems in the air (again) at Yahoo!"

This has certainly been a busy week for Yahoo! On Tuesday, CEO Marissa Mayer reportedly discussed the company's strategy at an employee meeting, detailing plans to bring back advertisers and expand the firm's user base, according to Reuters.

Also on Tuesday, the Sunnyvale, Calif.-based firm announced that Chief Financial Officer Tim Morse is stepping down, to be replaced by Fortinet (FTNT) CFO Ken Goldman.

Yahoo! was also one of Thursday's most active premarket Nasdaq stocks on share volume of 89,600.

Research In Motion (RIMM) shares gained 1.14% to $7.08 ahead of the handset maker's second-quarter results after market close.

Shares of the Canadian company, which showed off a beta version of its next-generation BlackBerry smartphone earlier this week, closed up 6.06% on Wednesday.

TheStreet will be live-blogging RIM's results, starting at 3.45 PM ET:

Sirius XM (SIRI) was the most active premarket Nasdaq stock, gaining 0.4% to reach $2.51 on share volume of 125,851.

Shares of Apple (AAPL) also enjoyed a modest premarket gain, rising 0.43% to $668.01 on share volume of 121,701.

--Written by James Rogers in New York.

>To submit a news tip, send an email to:

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim 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
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

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
Real Money Pro
Try it NOW

All 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 Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our 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
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 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • 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