1. Brocade Communications Systems, Inc. ( BRCD ): Supplies networking equipment comprising end-to-end Internet protocol based Ethernet and storage area networking solutions. Market cap at $2.55B, most recent closing price at $5.60. The February $6 call options had an implied volatility of 43.6%. Volatility rose for Broadcade after OCZ Technology (OCZ) provided weak guidance. In early-January, Mellanox (MLNX) warned markets that its quarterly results would be weak. Brocade also named a new CEO. Lloyd Carney comes from Xsigo Systems, a company acquired by Oracle. Brocade also won an injunction against A10 Networks, a private company. Brocade won $112 M from A10 last summer.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.2. Thomson Reuters Corporation ( TRI): Provides intelligent information for businesses and professionals in the financial, legal, tax and accounting, healthcare, science, and media markets worldwide. Market cap at $25.58B, most recent closing price at $30.93. A Libor overhaul threatens to remove Thomson Reuters as administrator of Libor. Shares have performed poorly since 2008, when Thomson and Reuters merged.
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3. Chesapeake Energy Corporation ( CHK): Engages in the acquisition, development, exploration, and production of natural gas and oil properties in the United States. Market cap at $13.51B, most recent closing price at $20.33.Shares received a boost after Aubrey McClendon said he would retire as CEO. The debt-heavy company acquired too many properties as natural gas prices plunged to new lows in early-2012. Prices have since recovered somewhat. Chespeake options have an implied volatility of around 40%.
4. Las Vegas Sands Corp. ( LVS): Develops, and operates various integrated resort properties primarily in the United States, Macau, and Singapore. Market cap at $46.01B, most recent closing price at $55.87. LVS has an implied volatility of 51.7 for February $52.5 option calls. The company reported quarterly (Q4) earnings of $0.54, which was $0.05 lower than estimates. Revenue rose 8.9% to $3 billion. Lower table game holds and a tax assessment reduced margins, but shares rallied higher. 5. Broadcom Corp. ( BRCM): Designs and develops semiconductors for wired and wireless communications. Market cap at $18.83B, most recent closing price at $33.09. BRCM shares plunged from $35 to prices below $33 recently. The company declared a dividend of $0.11 per share, which is 10% higher than its previous dividend payment. Shareholders of record February 15 will be paid. Broadcom beat estimates by $0.03 per share when its Q4 earnings were announced. Revenue rose 14.3% to $2.08 billion. The company forecast Q1 revenue would be $1.9 billion, which is below the $2 billion consensus. Gross margins will be largely unchanged. ( List compiled by Kapitall Contributor Chris Lau )