Top 9 Stocks to Watch for August 26

Posted by on Aug 26, 2010 | No comment

Gerber Scientific Inc. (NYSE: GRB) is trading higher following its Q1 results. The company posted earnings of 6 cents per share, 4 cents ahead of analysts’ estimates, as revenue hiked 8% to $118.3 million. Shares are trading up by 19.10% at $6.11 on above-average volume. (NYSE:GRB), (GRB)

Guess? Inc. (NYSE: GES) is lower following Wednesday’s earnings announcement. The company posted earning of 72 cents per share, ahead of analysts’ view of 68 cents per share, but disappointed with its full-year forecast. Shares are down by 11.33% at $33.90 on 6.94 million shares. (NYSE:GES), (GES)

Geokinetics Inc. (AMEX: GOK) is up 29.41% to $5.06, on nearly six times its average volume, boosted by news that it was awarded a $110 million seismic acquisition contract from Petroleos Mexicanos (PEMEX). (AMEX:GOK), (GOK)

Jo-Ann Stores Inc. (NYSE: JAS) is up 13.93% to $41.95 on volume of over 986K shares. The company yesterday announced that it swung to profit in Q2, reporting earnings of 20 cents a share compared to a net loss of 13 cents a share in the previous year. It also lifted its profit view for the year on the back of improved gross margins.(NYSE:JAS), (JAS)

Cereplast Inc. (NASDAQ: CERP) is up 11.45% to $3.79, on over 21 times its average volume , a day after it entered into a multi-bullion dollar bioplastic resin support contract with Italy-based RI.ME. Masterbatch S.r.l. (RI.ME) (NASDAQ:CERP), (CERP)

A-Power Energy Generation Systems Ltd. (NASDAQ: APWR) is trading lower despite positive earnings report. The company achieved a 51.1% increase in Q3 gross profit, while revenue soared by 30.1% to $74.8 million. Shares are down by 6.50% at $7.05 on 1.39 million shares. (NASDAQ:APWR), (APWR)

Superconductor Technologies Inc. (NASDAQ: SCON) is down 15.51% to $1.58 on above-average volume of over 913K shares. The company priced a 4 million share common stock offering at $1.50 per share to raise about $5.3 million. (NASDAQ:SCON), (SCON)

Pacific Capital Bancorp (NASDAQ: PCBC) is down 45.73% to $0.875 on over seven times its average volume. So far the stock has reached a 52-week low of $0.61 and a 52-week high of $5.49. The company has set August 30 for a rights offering. (NASDAQ:PCBC), (PCBC)

Heico Corp. (NYSE: HEI) is up 11.23% to $40.30 on above-average volume of over 256K shares. Stifel Nicolaus has upgraded shares of Heico from Hold to Buy on the back of improved Q3 results and full year outlook. (NYSE:HEI), (HEI)

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