NEWARK, Del., Nov 05, 2009 (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
IMS Health Inc. (NYSE: RX), $20.76, +$3.95, 23.50%, is actively trading this morning with gains of over 20% for a volume of 28.1 million shares traded. IMS Health closed the day yesterday with a volume of 1.9 million shares. It was announced that IMS Health has entered into a definitive agreement to be acquired by TPG Capital and the CPP Investment Board, with the total value of the transaction to be worth $5.2 billion, including the assumption of debt. Under the agreement, IMS shareholders will receive $22.00 cash for each IMS common share they own. IMS Health is the world's leading provider of market intelligence to the pharmaceutical and health-care stakeholders.
MetLife Inc. (NYSE: MET), $33.19, +$0.49, 1.50%, is trading at a volume of 12.7 million, above its traffic from yesterday of 7.8 million. Unity Life announced earlier this month that it has acquired approximately 100,000 life and health insurance policies and a small number of group annuity contracts, from its subsidiary, MetLife Canada. The transaction was completed on October 30, upon receipt of approval from Canadian and U.S. regulatory authorities. Tony Poole, President and CEO of Unity Life President, commented that this transaction "reaffirms our continued commitment to our long term growth strategy...." MetLife Inc. is a leading provider of insurance and other financial services to millions of individual and institutional customers.
ON Semiconductor Corporation (NASDAQ: ONNN), $7.31, +$0.48, 7.03%, is trading at a 7% price increase on a volume of 17.2 million shares traded. The company, designs, manufactures and markets a portfolio of semiconductor components that deal with sophisticated electronic systems and products. ON Semiconductor Corporation is a global supplier of power, analog, digital signal processing, mixed signal, advanced logic, data management semiconductors, memory and standard component devices. ONNN announced yesterday its Q3 results, with total revenues of $472.9 million, an approximate increase of 13% from the previous quarter in 2009. Complete financial breakdown can be obtained on the company's website.
Neohydro Technologies Corporation (OTCBB: NHYT), $0.172, +$0.009, 5.21%, is making gains today with over 2.7 million shares traded. NHYT has reached a high today of $0.176, on no news. The company, based in Texas, provided economical end-to-end water supply solutions for industrial clients worldwide.
WesternZagros Resources Ltd. (TSX-V: WZR), $0.85, $0.12, 16.44%, is regaining momentum today with a share price increase of over 16%. WZR reached a high today of $0.89. WesternZagros is an international natural resources company engaged in acquiring properties and exploring for, developing and producing crude oil and natural gas. Yesterday the company announced that Kurdamir-1 has reached an intermediate depth of 2,601 meters and has drilled through the Oligocene and Pilaspi/Jaddala reservoir targets in the Tertiary. Combined test results indicated approximately 27.5 million cubic feet per day of gas and 1,172 barrels per day of 61 degrees API natural gas liquids (condensate). Complete details are available on the company's website. WZR through its wholly-owned subsidiaries holds a Production Sharing Contract with the Kurdistan Regional Government in the Kurdistan Region of Iraq.
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 follow us on Twitter and Facebook for up to the minute investment ideas. Be sure to 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
SOURCE: PicksThatMove.com
PicksThatMove.com Joseph Smith, 1-877-292 3917 info@picksthatmove.com http://www.picksthatmove.com
Copyright Business Wire 2009