Today's Must Watch Stocks: Wells Fargo, Eaton, Cooper, Merck, Staples, and Seagate
Pennystocksinsiders.com (PSI) has issued insider trading reports and Equity Research for the following companies: Wells Fargo (NYSE:WFC), Eaton (NYSE:ETN), Cooper (NYSE:CBE), Merck (NYSE:MRK), Staples (NASDAQ:SPLS), and Seagate (NASDAQ:STX).
(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)
Wells Fargo & Company (NYSE:WFC): Wells Fargo & Company (NYSE:WFC) lately announced that John Stumpf, the company’s Chairman and CEO, will participate in the Sanford C. Bernstein 28th Annual Strategic Decisions Conference to be held in New York on Thursday, May 31. Wells Fargo rose over 1.49% to US$31.40 in the last trading session. In the past 52 weeks, Wells Fargo share prices have been bracketed by a low of US$22.58 and a high of US$34.59, and are now at US$31.40, 39% above that low price. The company has a market capitalization of 166.86 billion. Since insiders such as CEOs, CFOs and Directors have better access to company non-public information, Pennystocksinsiders.com thinks that investors would be wise to pay close attention to their stock trading behaviors. Check this insider trade report for WFC here.
Read Full Report: http://www.Pennystocksinsiders.com/PR/052212A/WFC/WellsFargo.pdf
Eaton Corporation (NYSE:ETN): On Monday, Eaton Corporation (NYSE:ETN) announced that the company had agreed to acquire Cooper Industries PLC in an US$11.8 billion cash-and-stock deal. Abnormal trading volume of Eaton Corporation was found on Monday reaching 19.51 million shares, 5.5 times heavier than usual day trading. Eaton began the trading session with a price of US$42.85 and throughout the session climbed to a high of US$43.37. When day-trade ended, the stock finally lowered 0.73% to US$42.09. Academic studies have shown that insiders traditionally make higher investment returns than ordinary investors. Want to find out how they do it?
Read Full Report: http://www.Pennystocksinsiders.com/PR/052212A/ETN/Eaton.pdf
Cooper Industries plc (NYSE:CBE): Abnormal trading volume of Cooper Industries plc (NYSE:CBE) was found on Monday reaching 25.73 million shares, 32 times heavier than usual day trading. Cooper shares ended higher by 25.14% to US$69.88 and made a new 52-week high of US$71.37. In the past 52 weeks, Cooper share prices have been bracketed by a low of US$41.15 and a high of US$71.37, and are now at US$69.88, 70% above that low price. Pennystocksinsiders.com thinks that it is a clever way to check if insiders like CEOs, CFOs, and Directors in CBE are starting to buy more company shares. See insider trade report for CBE here.
Read Full Report: http://www.Pennystocksinsiders.com/PR/052212A/CBE/Cooper.pdf
Today Pennystocksinsiders.com also observed abnormal trade volume for the following companies; insiders may involve trading in these companies. It will take some time for insiders to report their trades. Read these reports and add these companies into your Insider Trade Radar.
Merck & Co., Inc. (NYSE:MRK):
Read Full Report: http://www.Pennystocksinsiders.com/PR/052212A/MRK/Merck.pdf
Staples, Inc. (NASDAQ:SPLS):
Read Full Report: http://www.Pennystocksinsiders.com/PR/052212A/SPLS/Staples.pdf
Seagate Technology PLC (NASDAQ:STX):
Read Full Report: http://www.Pennystocksinsiders.com/PR/052212A/STX/Seagate.pdf
Insider Filing Source Reference: All observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.
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Editor: Janet Nan Jiang
Reported on May 22, 2012
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