Frank Curzio, portfolio manager of Stocks Under $10, shows you how to profit off of fear and forced selling. Watch his video to see how he's playing the market during this volatile earnings season. See how Curzio will make money off of numbers from Caterpillar ( CAT), Intel ( INTC) and General Electric ( GE).
News of the Week
Epiq Systems ( EPIQ), which Curzio owns for his portfolio, reported worse-than-expected first-quarter earnings of 16 cents a share. The company's bankruptcy unit and eDiscovery segment were strong and reported gains. The stock was trading 12% lower at $14.12. Imax ( IMAX) got a thumbs up from The Wall Street Journal this week for focusing on digital technology rather than more expensive film prints and projections. The company also announced an agreement with the China Film Group to open an IMAX theater in China. The stock jumped almost 7% to $6.25. Two biopharmaceuticals struggled this week. Kendle ( KNDL) announced that its earnings will be much lower than estimated due to project cancellations and delays. Shares were down more than 8% to $10.10. Bad news also plagued competitor Parexel ( PRXL), which saw its shares fall 20 %. Parexel is scheduled to report its third-quarter earnings on Tuesday. King Pharmaceuticals ( KG) received an upgrade from UBS ( UBS) to buy from sell and RBC Capital Markets initiated coverage with a sector perform rating. Shares were trading down more than 2% at $8.03.