Stocks in the News: Market Volatility and Analyst Predictions

Strategic Insights -

Tubac Holdings Incorporated's shares surged 33.33% to close at $0.14 per share, while Sirius Satellite Radio Incorporated's shares rose 1.82% to $3.91 per share after signing a five-year contract with Howard Stern. Microsoft Corporation's shares fell 2.63% to $27.81, and Google Incorporated's shares soared 17.93% to $176.16 after reporting better-than-expected earnings. Broadcom Corporation's shares dropped 12.80% to $26.57 after warning of a double-digit slide in revenue.

Key Takeaways:

  • Tubac Holdings Incorporated's shares skyrocketed 33.33% last Friday, closing at $0.14 per share, as the company takes investment positions in small cap growth companies with enormous up-side potential.
  • Sirius Satellite Radio Incorporated's shares increased 1.82% at the end of last week to close at $3.91 per share, after signing a five-year contract with Howard Stern to broadcast in 2006.
  • Microsoft Corporation's shares fell 2.63% with a high amount of shares traded, finishing at $27.81, overshadowed by better-than-expected earnings from Google Incorporated.
  • Google Incorporated's shares soared 17.93% at the end of last week, closing at $176.16 per share, after reporting $52 million in earnings, or 19 cents per share, during the three months ended in September.
  • Broadcom Corporation's shares dropped 12.80% last Friday to close at $26.57, after warning of a double-digit slide in revenue and leading to a downgrade by Pacific Growth Equities analyst Brian Alger.
  • InvestSource has put a Money Alert on these companies, indicating a significant potential for market movement and advising investors to keep alert.

Statistics:

  • Tubac Holdings Incorporated's shares surged 33.33% last Friday.
  • Sirius Satellite Radio Incorporated's shares increased 1.82% at the end of last week.
  • Microsoft Corporation's shares fell 2.63% with a high amount of shares traded.
  • Google Incorporated's shares soared 17.93% at the end of last week.
  • Broadcom Corporation's shares dropped 12.80% last Friday.
  • Google Incorporated's earnings for the three months ended in September were $52 million, or 19 cents per share.
  • Microsoft's revenue for the same period was overshadowed by better-than-expected earnings from Google Incorporated.

Sources:

  • M2 PressWIRE, "InventSource Inc.: High Volume and Volatility rule the NASDAQ: TBAH, SIRI, MSFT, GOOG, BRCM" (October 25, 2004)
  • InvestSource Inc. (www.investsource.us)