Buzz Stocks: Expedia, American Express, Twitter

Today's stocks to watch include Expedia Inc (EXPE), American Express Company (AXP), and Twitter Inc (TWTR)

Feb 12, 2015 at 9:10 AM
facebook X logo linkedin


U.S. benchmarks are poised to flirt with year-to-date highs, thanks to a ceasefire between Russia and Ukraine. Among the equities in focus are online travel concern Expedia Inc (NASDAQ:EXPE), blue chip American Express Company (NYSE:AXP), and microblogging issue Twitter Inc (NYSE:TWTR).

  • EXPE is ready to rally 7%, after the company agreed to buy Orbitz Worldwide, Inc. (NYSE:OWW) for about $1.6 billion, or $12 per share, in cash -- a near 25% premium to OWW's closing price of $9.62 on Wednesday. EXPE's anticipated pop should put the shares north of their 200-day moving average, which was breached in the wake of a post-earnings bear gap on Feb. 6. Since then, the stock has been lingering near $78 -- and finished at $78.22 yesterday -- and its 14-day Relative Strength Index (RSI) has dipped to 31, on the cusp of oversold territory. Should Expedia Inc pick up steam, a mass exodus of short sellers could translate into more upside; it would take more than six sessions to buy back all the shorted EXPE shares, at the equity's average pace of trading.

  • AXP is bracing for a 2.7% dip out of the gate, on news that the company will end its domestic credit card partnership with Costco Wholesale Corporation (NASDAQ:COST) on March 31, 2016. Since the stock's last rejection in the $95 area back in late December, AXP has surrendered roughly 9% to finish Wednesday at $86.01, with rebound attempts halted at its 80-week moving average. Analysts are wary of the Dow component, as American Express Company has just eight "buy" or better ratings, compared to 12 "hold" or worse suggestions. On the other hand, short interest is paltry at less than 1% of the stock's float, suggesting the bearish bandwagon is far from crowded.

  • Finally, TWTR is flirting with a 1.1% lead in electronic trading, after the firm announced an agreement to buy Niche -- a startup talent agency for social media -- for an undisclosed sum. Technically speaking, Twitter Inc finished at $47.50 yesterday, notching a fourth straight close atop its 200-day trendline, which was conquered after an earnings beat last week. Despite an initial positive reaction from analysts, not everyone on Wall Street has bought into TWTR. Almost half of the brokerage firms following the stock maintain "hold" or worse opinions, and the average 12-month price target of $53.38 represents expected upside of just 12.3% to the equity's current perch.
 

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI