Market Overview Reports 5 Hot Stocks on Friday: Sequenom, Kayak Software Corporation, Lions Gate Entertainment Corp., Zipcar Inc., and Energizer Holdings

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Newport Beach, CA (PRWEB) November 09, 2012

The market made a move up on Friday after two days of losses. The last two trading days were the worst 2-day slide in 2012 so far. The Dow fell 434 points since President Barack Obama won re-election. On Friday the Dow rose to 12,833 as of 11 a.m. (EST) after being down over 60 points before 10a.m. (EST).

PennyStocks101 reports 5 stocks to keep on your radar: Sequenom, Kayak Software Corporation, Lions Gate Entertainment Corp., Zipcar Inc., and Energizer Holdings

1. Sequenom - reported revenue of $22.9 million for the third quarter of 2012, an increase of 25% from revenue of $18.3 million in the second quarter of 2012 and a 68% increase compared to revenue of $13.6 million for the third quarter of 2011.

2. Kayak Software Corporation - Priceline has struck a deal to buy Kayak Software Corp. for $1.8 billion in a move to expand its online travel business.

3. Lions Gate Entertainment Corp. - Lions Gate Entertainment Corp. posted fiscal second-quarter earnings and profits that blew past analysts' expectations. Net income in the three months to Sept. 30 hit $75.5 million, or 53 cents per share, reversing a loss of $25.3 million, or 19 cents per share, a year ago.

4. Zipcar Inc. - Third quarter revenue increased 15% to $78.2 million compared to $68.1 million in the prior year period.

5. Energizer Holdings - announced results for the fourth fiscal quarter ended September 30, 2012. Net earnings for the quarter were $117.0 million, or $1.84 per diluted share, as compared to net earnings of $45.8 million, or $0.67 per diluted share, in the fourth fiscal quarter of 2011.

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