ZAGG Inc. designs, manufactures and distributes electronics accessories, such as protective clear coverings, targeting the mobile market. The company today announced it has received approval to begin trading on The Nasdaq Global Market November 10, 2009, under its current ticker, ZAGG.

“We are very excited to be approved for the Nasdaq Global Market, and see it as an exceptional milestone in ZAGG’s short history,” Robert G. Pedersen II, president and CEO of ZAGG stated in the press release. “Moving to the top level market on Nasdaq will add a great deal of value for our shareholders and introduce ZAGG to new investors and new opportunities.”

Not only will the advancement to Nasdaq generate shareholder benefit, it will also increase awareness of the company’s products to the marketplace. The company’s high-tech thin film coverings are applicable for iPods, laptops, cell phones, digital cameras, watches, PDAs and other various electronic devices.

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Palm Inc.’s (PALM) new smartphone called Pixi, a lighter and cheaper version of the Palm Pre will be available via Sprint Nextel Corp. (S) beginning Nov 15 for just $99.99. The phone will come with a two-year contract after a $50 instant rebate and a $100 mail-in rebate. The phone will also be available through Best Buy (BBY), RadioShack (RSH) and Wal-Mart (WMT) stores.   Palm’s Pixi runs on Palm's WebOS. The phone has many features including 8 gigabytes of built-in memory, an exposed QWERTY keyboard and personalization features. However, it does not support Wi-Fi capabilities.   Alhough Palm has priced the Pixi competitively to attract more customers, we remain unsure about the future of Pixi. Amazon (AMZN) currently sells the Pre with a two-year contract at just $99. Sprint started selling the Pre smart phone in June and currently sells it for ...

Dr Stock Pick HOT News & Alerts!

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FREE Daily Stock Alerts From DrStockPick.com

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Tuesday October 20, 2009

DrStockPick.com Stock Report!

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Cavitation Technologies, Inc.  (OTC Bulletin Board: CVAT) has signed Miura Engineering Co., Ltd. Tokyo, Japan (www.miura21.co.jp) as its new agent to serve markets in Japan for CTI’s Nano-Cavitation Process Systems. Miura is a leading Engineering Company specialized in Edible Oil Processing Plants in the Far East.

Speakeasy (www.speakeasy.net), a Best Buy company (NYSE: BBY), today introduced EasyVoice® Mobile for iPhone(TM), published by JNSoftware LLC. EasyVoice Mobile brings the savings and flexibility of Speakeasy Hosted Voice

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For the first time in six months, retail sales ticked higher in August.

Granted, it wasn’t by much – a scant 0.7% higher than July. But it’s inevitable that consumers will eventually get back to their spending ways as this recession subsides.

And if you’re looking for a way to play it, consider hhgregg, Inc. (NYSE: HGG). Here’s why…

hhgregg, Inc: This Retailer is Bucking the Industry Trend

Based in Indianapolis, the hhgregg operates 111 retail stores selling consumer electronics and home appliances. Yes, I know that’s the same stuff you can get at your typical Best Buy (NYSE: BBY), Home Depot (NYSE: HD), or Lowe’s (NYSE: LOW).

But this company is hardly typical.

While most retailers are focused on survival, hhgregg’s in full-on attack mode. It’s not pinching pennies to stay afloat. It’s not reducing the workforce. It’s not closing underperforming stores, or mothballing expansion

...

hhgregg, Inc. (NYSE: HGG): The Only Retail Stock Worth Buying Right Now

by Louis Basenese, Advisory Panelist

For the first time in six months, retail sales ticked higher in August.

Granted, it wasn’t by much – a scant 0.7% higher than July. But it’s inevitable that consumers will eventually get back to their spending ways as this recession subsides.

And if you’re looking for a way to play it, consider hhgregg, Inc. (NYSE: HGG). Here’s why…

hhgregg, Inc: This Retailer is Bucking the Industry Trend

Based in Indianapolis, the hhgregg operates 111 retail stores selling consumer electronics and home appliances. Yes, I know that’s the same stuff you can get at your typical Best Buy (NYSE: BBY), Home Depot (NYSE: HD), or Lowe’s (NYSE: LOW).

But this company is hardly typical.

While most retailers are focused on

...

Key Points:

Growth Third quarter expected to be down 23.8% year-over-year Fourth quarter to more than double year ago, but it is all in the Financials 2009 total net income expected to fall 7.3%, but rise 23.8% in 2010 More than half expected to post positive growth in Q4

Levels Bottom up estimate for S&P 500 now $59.61 in 2009 S&P 500 now expected to earn $73.81 in 2010. Top down estimates $53.94 and $68.40, respectively

Scorecard & Surprise Early results strong with a median surprise of 5.32% A tiny sample with only 3.2% of reports in

Revisions Total estimate increases outnumber cuts almost 3:2 for 2009 Upward revisions outnumber cuts by more than 7:4 for 2010 Revisions ratios for both years slipped, but are still up big from earlier in the year Total revisions activity near seasonal lows For 2009, Discretionary and Materials lead; Utilities Telecom lag Discretionary and Tech strong for

...

Key Points:

Growth Third quarter expected to be down 23.8% year-over-year Fourth quarter to more than double year ago, but it is all in the Financials 2009 total net income expected to fall 7.3%, but rise 23.8% in 2010 More than half expected to post positive growth in Q4

Levels Bottom up estimate for S&P 500 now $59.61 in 2009 S&P 500 now expected to earn $73.81 in 2010. Top down estimates $53.94 and $68.40, respectively

Scorecard & Surprise Early results strong with a median surprise of 5.32% A tiny sample with only 3.2% of reports in

Revisions Total estimate increases outnumber cuts almost 3:2 for 2009 Upward revisions outnumber cuts by more than 7:4 for 2010 Revisions ratios for both years slipped, but are still up big from earlier in the year Total revisions activity near seasonal lows For 2009, Discretionary and Materials lead; Utilities Telecom lag Discretionary and Tech strong for

...

Companies featured in this edition of the newsletter: ACTC, CVM, CUR, DKAM, ENZ, IMUC, IWEB, PHC, SVUL, SRCO, SVUL, XSNX

Markets extended their winning streak yet again this week, as all ten sectors of the S&P 500 finished in positive territory and markets hit fresh highs for the year once again, despite the lack of any significant developments on either the corporate or economic fronts. All told, the Dow ended up 2.2% on the week, gaining 214 points to close at 9820 on the week, up 11.9% on the year. The Nasdaq performed slightly better, gaining 2.5% on the week, closing at 2132, up 35.2% on the year, while the S&P 500 and Russell 2000 gained 2.5% and 4.1% respectively, up 18.3% and 23.7% on the year.

While it was a relatively quiet week as far as headlines were concerned, there were some positive economic developments in the form

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• Adobe Systems (NASDAQ:ADBE) said it will purchased business software maker Omniture (NASDAQ:OMTR) in an all-cash deal valued at about $1.8 billion

• Best Buy (NYSE:BBY) projects comparable sales for the year will be flat to off 2%, up from its earlier projected drop of up to 5%.  The firm raised its full-year guidance to $2.70 to $3.00 from $2.50 to $2.90, based on "increased optimism" for its second half

• EBay (NASDAQ:EBAY) shares rose 1.3% on an upgrade from Piper Jaffray

• Yahoo (NASDAQ:YHOO) shares gained 5.4% after Sanford Bernstein upgraded the shares to "outperform"

• Johnson & Johnson (NYSE:JNJ) lowered its bid for an 18.4% stake in Elan by $115 million to $885 million

• Kraft (NYSE:KFT) advised of plans to enter talks with Cadbury, and said the company does not need to sell operations to afford its $16 billion bid

• Citigroup (NYSE:C) sold $5 billion in 2- and 3-year bonds backed by

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Encouraging economic data and Federal Reserve Chairman Ben Bernanke’s view that the recession was “very likely over" sent stocks higher for a second straight day.  A better-than-expected rise in retail sales, helped in part by the government’s cash-for-clunkers program and higher gasoline prices, eased concerns that consumers were spending with restraint. 

Speaking at a Brookings Institution conference, Bernanke, however, added a note of caution, saying, “Even though from a technical perspective the recession is very likely over at this point, it’s still going to feel like a very weak economy for some time."

This morning’s stock futures indicate Wall Street would open with gains, helped by increased M&A activity, optimistic guidance from companies, and words from Warren Buffett that Berkshire Hathaway (NYSE:BRK.A) is "buying stocks right as we speak."

Yesterday, the 30-stock Dow Jones industrial average gained 57 points, or 0.6%, to 9,683.41, its highest point since October 6. 

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