Monday, April 7, 2008

Stocks To Keep Your Eye On - 04/07/2008

Company/Estimate
- (AA)/.53

CA Inc. (CA): The second-biggest maker of software for mainframe computers said it's eliminating 1,100 additional jobs and spending as much as $100 million more than it first planned under a cost-cutting effort that started in 2006. The stock fell 9 cents to $23.24 in regular trading.

Carnival Corp. (CCL): The cruise line's shares may rise 50 percent on the prospect of better booking numbers and growth internationally, Barron's reported, citing portfolio manager Wendy Trevisani at Thornburg Investment Management Inc. Carnival fell 44 cents to $41.66 on April 4.

Ford Motor Co. (F): The unprofitable automaker may double from a more than two-decade low as it improves manufacturing quality, commands higher prices for its vehicles and reduces health-care costs, Barron's reported in its ``Streetwise'' column. Ford stock rose 3 cents to $6.49.

Wyeth (WYE): The drugmaker's medication for Alzheimer's disease may help raise the stock by 50 percent in the next year, Barron's reported, citing health-care investor Larry Feinberg. Wyeth fell 38 cents to $41.56 on April 7.

Watch NEU, WLT, NKE, XEC, WW, PG for long breakouts.
Watch RAI, SUN, WLP, AET, IBN, HUM for short breakdowns.

-MM