Stocks To Keep Your Eye On - 08/20/2007

- (LOW)/.61

Barrons made positive comments on (MI), (EMC), (NBR), (MTN), (RDN), (CFC) and (CAB).

Cabela's Inc. (CAB) The retailer of hunting, fishing and camping equipment may rise as much as 30 percent in the next year if the retailer can open 14 new stores by the end of 2008 as planned, Barron's said, without citing anyone. The stock rose 4 cents to $22.51 in regular trading on Aug. 17.

Dover Motorsports Inc. (DVD) Mario Cibelli, a fund manager at Marathon Partners Inc., increased holdings in Dover to 9.7 percent, becoming the largest shareholder of the owner of Dover International Speedway in Delaware and other auto-racing tracks, according to a Securities and Exchange Commission filing. The stock rose 49 cents, or 8.9 percent, to $6 in regular trading on Aug. 17.

EMC Corp. (EMC) rose 39 cents to $18.68 in trading before the open of U.S. exchanges. The world's biggest maker of storage computers may rise to as much as $23 in the next year as the stock benefits from increasing profit at its VMware unit, which had its initial public offering this week, Barron's said.

KKR Financial Holdings Inc. (KFN) rose 32 cents, or 2.2 percent, to $14.72 in trading before the open of U.S. exchanges. The publicly traded unit of buyout firm Kohlberg Kravis Roberts & Co. plans to raise $500 million by selling stock to institutional investors, including Farallon Capital Management LLC and Morgan Stanley, and rights to its common shareholders.

Lowe's Cos. (LOW) rose $1.61, or 6 percent, to $28.48 in trading before the open of U.S. exchanges. The second-largest home-improvement retailer in the U.S. reported profit more than analysts estimated as it took U.S. market share from Home Depot Inc. Lowe's second-quarter net income of 67 cents a share exceeded the 61-cents estimate of analysts.

Marshall & Ilsley Corp. (MI) Wisconsin's biggest bank is undervalued and may rise to $55 in 12 months, Barron's said, citing Goldman Sachs Group Inc. analyst Lori Appelbaum. The stock rose $1.14, or 2.6 percent, to $44.49 in regular trading on Aug. 17.

Micron Technology Inc. (MU) rose 23 cents, or 2.1 percent, to $11.22 in trading before the open of U.S. exchanges. The largest U.S. maker of computer-memory chips was raised to `neutral'' from `sell'' by analysts at Goldman, Sachs & Co.

Nabors Industries Ltd. (NBR) rose 66 cents, or 2.3 percent, to $29.25 in trading before the open of U.S. exchanges. The world's largest onshore oil and natural-gas driller may trade for more than $50 if profit reaches the 2008 consensus estimate of $4 a share, Barron's said, citing Defiance Asset Management's Robert Marcin.

Vail Resorts Inc. (MTN) The ski-resort operator may be worth $70 because of its increasing revenue and ability to generate cash, Barron's reported, citing Rochdale Securities analyst Hayley Wolff. The stock rose $1.75, or 3.4 percent, to $52.85 in regular trading on Aug. 17.

Walgreen Co. (WAG) declined 23 cents to $45.44 in Germany. The biggest U.S. drugstore chain was ordered to pay $25.8 million to the family of a cancer patient who was given the wrong prescription, had a stroke and died, the Associated Press said, citing lawyers.

Watch UPS, SYK, LUK for long breakouts.
Watch CFC, MHP, WYE, UDR for short breakdowns.

-MM