Penny Stocks To Watch On The Nasdaq - Top Doing Stocks For The Week Ended Oct 17
The five best Performing stocks on the Zacks #1 Rank List last week were: AMR Corporation (AMR), Allegiant Travel organization (ALGT), El Paso Pipeline Partners, L.P. (EPB), Pengrowth Power Trust (PGH) and Layne Christensen organization (LAYN).
Despite being hurt by higher fuel costs, shares of AMR Corporation (AMR) gained considerably more than 41% last week. Analysts continue to expect a loss for this year, however it has been narrowing for multiple months now. That includes a narrowing of $2.43 over the past 2 months and 50 cents in just the past 7 days.
Excluding exclusive items, AMR reported a loss of $1.39 per share for its third quarter, which was narrower than the consensus at $1.46. The organization primarily attributed its loss to fuel prices, and outline ... [Read More - Penny Stocks To Watch On The Nasdaq]
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