NEWARK, Del. - (Business Wire) PicksThatMove is pleased to bring investors special situation stocks which have a high potential for price appreciation. These companies have interesting business models and they have to execute on the business development level to bring value to shareholders. Some of our past picks had soared over 200%. To view some of our profiled stocks, please visit our website at www.picksthatmove.com. At PicksThatMove, our team scours the technical and financials of hundreds of companies to identify those stocks showing the greatest potential for growth.
The investment opinions offered below and in this press release are provided by Nick Hunter, RIA, of PicksThatMove.com
UTS Energy Corporation (TSX: UTS), $2.15, +$0.05, 2.38%, finished the day strong yesterday with over 12 million shares traded compared to Friday’s close of 2.4 million. UTS, an oil sands company, announced the disposition of its 50% working interest in Alberta Oil Sands Lease Nos. 421, 022 and 023. Imperial Oil and ExxonMobil have agreed to jointly purchase UTS’ working interest for $250 million. The company expects this transaction to bring in proceeds of $200 million.
Research in Motion (NASDAQ: RIMM), $57.41, +1.67, 3.00%, designs and markets wireless handsets, software and services. The company is trading up 3% with over 7.1 million shares traded on no new significant news. The last release of late October confirmed that Research in Motion Italia, has launched a competition to reward the best application for its BlackBerry mobile phones.
Union Pacific Corp (NYSE: UNP), $58.14, +3.08, 5.59%, is making gains today as it was announced that Recycle Solutions, a company based in Memphis Tennessee, is launching a new division named Bluff City Commodities which offers agricultural products to its clients. Union Pacific is a transportation company linking 23 states in the western two-thirds of the U.S., transporting agricultural material and many other products. This new development is beneficial to Union Pacific as Bluff City Commodities will be able to provide fast and seamless delivery of agricultural feed for Union Pacific’s distribution.
Burlington Northern Santa Fe Corp (NYSE: BNI), $97.38, +21.31, 28.01%, is on fire today with gains of over $20 in this morning’s trading. It was announced that a definitive agreement has been reached with Berkshire Hathaway to acquire for $100 per share in cash and stock the remaining 77.4% of outstanding BNI shares, which would increase its holdings to 100%. Based on the outstanding BNI shares, including those currently owned by Berkshire, the transaction is said to be valued at approximately $44 billion, including $10 billion of outstanding BNSF debt, making it the largest acquisition in Berkshire history. BNSF is engaged primarily in the rail transportation business.
Cognizant Technology Solutions (NASDAQ: CTSH), $41.17, +2.37, 6.11%, is up 6.11% with 3.8 million shares traded just this morning. CTSH is a leading provider of information technology, consulting and business process outsourcing services. The company has released its third quarter financial results, which include quarterly revenue of $853.5 million, a 16% increase from $734.7 million, of the same quarter last year. CTSH is expecting their fourth quarter revenue to reach at least $880 million. Complete Q3 results are provided on the company’s website.
About Picksthatmove.com
PicksThatMove.com is an independent electronic publication that provides information on selected publicly traded companies. PicksThatMove.com is not a registered investment advisor or broker-dealer. PicksThatMove.com’s affiliates, offices, directors and employees may buy and sell shares in any company mentioned herein and may profit in the event those shares rise in value. Please do your own Due Diligence before investing in any of the stocks mentioned above.
Nick Hunter, RIA, of PicksThatMove is a member of the National Association of Securities Dealers, CRD number 2022366
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