Hello Friends!  Thanks so much for stopping by and visiting my blog, Stock Picks Bob’s Advice!  As always, please remember that I am an amateur investor, so please remember to consult with your professional investment advisers prior to making any investment decisions based on information on this website.

I wanted to try to briefly review a stock today and looking through the list of top % gainers on the NYSE, I came across Ensco (ESV) which as I write is trading at $78.65, up $4.21 or 5.66% on the day.  I do not own any shares nor do I have any options on this stock.  However, I would like to share with you briefly why

ENSCO (ESV) IS RATED A BUY

First of all, what do they …

Shares in networking chip vendor Marvell Technology (MRVL) are surging on the back of a very strong earnings report. As reported by Tiernan Ray: “sales rose 27% year-over-year to $804 million in its fiscal first quarter ending May 3, beating an average estimate of $784 million. The company’s net income per diluted share of 24 cents, excluding some costs, was almost five times as high as the year-earlier period, and well ahead of estimates of 13 cents per share. Including costs for stock-based-compensation, among other things, profit was 11 cents a share. The company cited stronger than expected sales of “802.11N” wireless router chips, chips for networked disk drives, and printer chips among the sources of higher-than-expected revenue in the quarter. Cost-cutting initiatives helped Marvell boost its gross profit as a percentage of sales to 52%, …

General Automotive Company (OTCBB: GNAU) reported their financial figures for the first quarter ended March 31, 2008. The company is a provider of original equipment and aftermarket automotive parts, mobile electronics, and related automotive products covering a number of levels of distribution throughout the U.S. and worldwide. They have long-lasting relationships with manufacturers in China, Korea, and Japan which allows them to bring high-quality automotive parts and accessories to automobile manufacturers in the United States.

Revenue rose 51% to $4.07 million for first quarter 2008 compared to $2.69 million a year ago. Gross profit totaled $345,000 for first quarter 2008 compared to last year’s total of $482,000. Net loss was reported to be $504,000, or $0.07 per diluted share, a change from last year’s first quarter’s net loss of $443,000, or $1.15 per diluted share.

Joe DeFrancisci, President and CEO of General Automotive, said, “Since General

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I continue to knock on every piece of wood, artificial or otherwise, as we continue to stake through this earnings period without a major blowup. With so many positions this is a bit uncanny - and my assumption will be this only means next earnings period we'll be taking some body blows as what the market gives, she takes away soon enough. But for now we enjoy. Deep sea oil driller Atwood Oceanics (ATW) reports a serious beat on the bottom line and a solid beat on the top line tonight. This continues the pattern in the sector and it only gets better from here as old contracts disappear and new contracts get signed at much higher rates. Analysts have estimated $6.71 for 2008 profits and $10.49 for 2009... I continue to believe this entire group is sadly undervalued as it's been treated as a CYCLICAL ...