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

Barnes & Noble to the Woodshed, Best Buy Beats Street

Barnes & Noble (BKS - Get Report) ($14.46 vs. $17.54 on Aug. 16) beat EPS estimates by 4 cents reporting a loss of 86 cents a share. This stock was taken to the woodshed with a low of $13.81 on Aug. 20. This weakness caused the stock to be upgraded to strong buy from buy. My quarterly value level is $12.81 with an annual pivot at $14.33 and annual risky level at $17.58.
[Read: <a target="blank" data-add-tracking="true" href=""><em>New Health Care Law May Incentivize Some To Work Less</em></a>]

Bob Evans Farms (BOBE - Get Report) ($52.39 vs. $47.74 on Aug. 16) beat EPS estimates by a penny earning 58 cents a share. The stock closed Monday at $47.57 and popped to a multi-year high at $52.89 on Wednesday for a test of my monthly risky level at $52.51, where buy-and-trade investors could have booked profits on this buy rated stock. My semiannual value level is $48.72 with a monthly pivot at $52.51 and weekly risky level at $53.08.

Home Depot (HD - Get Report) ($74.00 vs. $75.38 on Aug. 16) beat EPS estimates by 4 cents earning $1.24 a share. The stock popped to $77.50 on the news then faded to a low of $73.35 on Thursday on profit-taking. The 200-day simple moving average for this buy rated stock is $71.06 with a semiannual pivot at $74.17 and a monthly risky level at $80.39, which was tested on Aug. 2.
[Read: <a target="blank" data-add-tracking="true" href=""><em>China Slowdown's Ripple Effect on Foreign IT Vendors</em></a>]

JC Penney (JCP - Get Report) ($13.20 vs. $13.40 on Aug. 16) missed EPS estimates by $1.03 with a bigger loss than expected at $2.16 a share. The stock traded up to $14.39 on Tuesday then fell to $13.20 at Thursday's close. Share price weakness maintains a buy rating. My quarterly value level at $13.00 held at the Tuesday low at $12.81. My weekly risky level is $14.80.
2 of 3

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
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
Only $49.95
14-Days Free
14-Days Free
BBY $31.48 0.00%
BOBE $40.38 0.00%
BKS $13.14 0.00%
HD $134.74 0.00%
JCP $8.21 0.00%


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs