Top Trending Tickers On StockTwits For January 28

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Here's a look at the top tickers trending on StockTwits.com
Apple: One of the quarters most anticipated earnings
Last night,
AppleAAPL
reported its first quarter earnings that beat both EPS and revenue consensus estimates. This morning investors are turning to analysts reactions to help digest Apple's earnings report. Analysts at Raymond James downgraded shares from Strong Buy to Outperform. Analysts at Oppenheimer downgraded shares from Buy to Hold. Analysts at Nomura Securities reiterated a Neutral rating but cut their price target on shares to $519 from a previous $545. Analysts at Jefferies lowered their price target on shares to $625 from a previous $650. Analysts at Susquehanna maintained a positive rating and a $650 price target. Analysts at
Goldman SachsGS
said that the second quarter guidance is a “hefty setback” but opportunity still exists. The analyst maintained a Buy rating but lowered their price target to $610 from $635. Analysts at
Morgan StanleyMS
maintained an Overweight rating. Analysts at Piper Jaffray said that they would be buyers on the dip. Analysts at
JPMorganJPM
maintained an Overweight rating despite the title of their research note being “Not Again: iPhone Stumbles into another New Year.”
Ford: record profit in North America
This morning,
FordF
released its fourth quarter results. The company reported an EPS of $0.31, beating the consensus estimate of $0.29. Revenue of $36.3 billion beat the consensus estimate of $35.4 billion. “The company had an outstanding year, earning profit that was higher than last year's strong performance and one of our best years ever,” said Bob Shanks, executive vice president and chief financial officer. “Our results were driven by record profits in North America and Asia Pacific Africa, improved results in Europe and another solid year from Ford Credit.” The Detroit based automaker maintained a cautious tone in not changing its outlook for 2014. “Ford expects North America to be strongly profitable in 2014, but at a lower level than in 2013, with an operating margin ranging from eight percent to nine percent,” the company said in a press release.
DuPont: Earnings beat, strong guidance
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This morning,
DuPontDD
released its fourth quarter results. The company reported an EPS of $0.59, beating the consensus estimate of $0.55. Revenue of $7.84 billion beat the consensus estimate of $7.78 billion. Net profit doubled to $185 million in the quarter and the company announced a $5 billion share-repurchase program. The company is expected to repurchase $2 billion of shares in 2014. “This $5 billion share repurchase program reflects our commitment to shareholders and our confidence in building a higher growth, higher value company,” said DuPont CEO Ellen Kullman. “Given our cash position, strong balance sheet and outlook, this program is a measured way to maintain ample financial capability, reinvest in our science-based businesses for growth, and deliver attractive cash returns to our shareholders.” Looking forward to 2014, the company expects an operating EPS in a range of $4.20 to $4.45. The consensus estimate is $4.31.
Cliffs Natural Resources: Activist target
According to the Wall Street Journal, Casablanca Capital has amassed a 5.2 percent stake in
Cliffs Natural Resources.CLF
Casablanca's activism comes at a time when the company is one of the S&P 500's most shorted stock and one of the worst performers within the index throughout 2013. The hedge fund wants the company to combine its Bloom Lake property in Canada with its Asian holdings to create a solely international company which should be spun off to existing shareholders. The domestic business should add its assets to a master limited partnership, a corporate structure that pays no taxes and gives most of its profits to investors. Casablanca estimates that the company's shares could rise to around $53 a share if management implements its suggestions. “Cliffs welcomes open communications with all of its shareholders and values their input toward the collective goal shared by Cliffs' Board and management, which is to enhance long-term shareholder value,” the company said in a press release. “Cliffs has held productive preliminary conversations with Casablanca Capital and looks forward to continuing the dialogue to better understand their assumptions, projections and overall views.”
BlackBerry: Low cost Foxconn phone updateBlackBerryBBRY
is set to unveil its first phone manufactured by Foxconn during the February 24 to 27 Mobile World Congress tech fair in Spain. “We are working with them to design a new device, and we will showcase multiple devices at the trade show in Barcelona in February,” said Terry Gou, chairman of Foxconn. A partnership between the two companies is “a breakthrough in the global technology industry” and that the two companies will further cooperate in the future, including mutual investments and global marketing. Investors are hoping that BlackBerry's strategy of outsourcing manufacturing of its devices to Foxconn while focusing on its enterprise business can reverse years of declining market share and deliver shareholder value over the coming years.
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Posted In: NewsApple EarningsBlackberryBlackBerry FoxconnBob ShanksCasablance CapitalCliffs Natural ResourcesDuPont BuybackDuPont EarningsEllen KullmanFord EarningsFord Guidance 2014foxconnMobile World CongressTerry Gou
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