x min read

Momentum Stocks: Plug Power Inc. (NASDAQ:PLUG), Bank of America Corporation (NYSE:BAC), TransDigm Group Incorporated (NYSE:TDG), Targa Resources Partners (NYSE:NGLS), Brunswick (NYSE:BC)

Momentum Stocks: Plug Power Inc. (NASDAQ:PLUG), Bank of America Corporation (NYSE:BAC), TransDigm Group Incorporated (NYSE:TDG), Targa Resources Partners (NYSE:NGLS), Brunswick (NYSE:BC)
Written by
Aaron Smith
Published on
October 14, 2014
Copy URL
Share on LinkedIn
Share on Reddit
Share on Twitter/X
Share on Facebook
InsidrFinancial

Plug Power Inc. (NASDAQ:PLUG), a leader in providing clean, reliable energy solutions, announced it has closed out the third quarter of 2014 with 857 GenDrive units shipped to material handling customers in North America. This equates to a 450% increase compared to the third quarter of 2013, when 155 GenDrive units were shipped. Plug Power Inc. (NASDAQ:PLUG) in last trading activity decreased -4.73% to close at $4.23. Company weekly performance is -4.08% while its quarterly performance stands at -12.78%. Plug Power Inc. (NASDAQ:PLUG) is -63.91% away from its 52 week high.Bank of America Corporation (NYSE:BAC) is scheduled to release third-quarter results before the bell on Wednesday. The second-biggest U.S. bank. by assets is expected to report a third-quarter loss of 9 cents a share, compared to a profit of 20 cents a share in the same quarter the year before, according to analysts surveyed by FactSet. The loss includes an expected 43 cents charge tied to the bank’s $16 billion mortgage settlement with the government in August.On last trading day Bank of America Corporation (NYSE:BAC) decreased -0.49% to close at $16.40. Its volatility for the week is 2.36% while volatility for the month is 1.62%. BAC's sales growth for past 5 years was -8.50% and its EPS growth for past 5 years was 10.80%. Bank of America Corporation (NYSE:BAC) monthly performance is -2.32%.TransDigm Group Inc. (NYSE:TDG) announced the retirement of President and Chief Operating Officer Raymond Laubenthal. However, the company said that, to ensure a smooth transition, Laubenthal will stay on with the company for a transition period expected to be through December 31, 2014.On last trading day TransDigm Group Incorporated (NYSE:TDG) decreased -1.59% to close at $173.70. Its volatility for the week is 1.91% while volatility for the month is 1.53%. TDG's sales growth for past 5 years was 21.90% and its EPS growth for past 5 years was -2.00%. TransDigm Group Incorporated (NYSE:TDG) monthly performance is -8.30%.Targa Resources Partners LP (NYSE:NGLS) and Targa Resources Corp. will acquire Atlas Pipeline Partners, L.P. and Atlas Energy, L.P. for total consideration of $5.8 bln, including $1.8 bln of debt. Targa Resources Partners LP (NYSE:NGLS) has 0.30% insider ownership while its institutional ownership stands at 54.00%. In last trading activity company's stock closed at $59.23.Brunswick (NYSE:BC) last issued its quarterly earnings data on Thursday, July 24th. The company reported $0.95 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.91 by $0.04. The company had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter in the prior year, the company posted $1.23 earnings per share. The company’s quarterly revenue was up 3.8% on a year-over-year basis. Analysts expect that Brunswick will post $2.33 EPS for the current fiscal year.On Monday shares of Brunswick Corporation (NYSE:BC) closed at $39.29. Company's sales growth for last 5 years was -3.80% and EPS growth for next 5 years is recorded as 12.00%.

Discover Hidden Gems

Don't miss the next big opportunity. Subscribe for timely alerts on potential market movers.