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6 stocks to watch on Friday, August 26

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PAETEC Holding Corp. (NASDAQ:PAET) has been on a nice uptrend and could be ready to breakout. I would not be surprised to see this stock trade back to $5.39 or better in the short term.

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A123 Systems, Inc. (NASDAQ:AONE), this stock jumped over 9% today to close at $4.70. It ended the day trading 4 million shares and closed near the highs of the day. I would not be surprised to see this stock over $5 in the next few days.

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Tellabs, Inc. (NASDAQ:TLAB) still has nearly $1.1 billion in cash in the bank and its market capitalization is currently $1.4 billion.  That means that for every $3.7 you invest you are buying $3.36 in cash !!!  In other words, your risk downside is significantly reduced. Even if this company were to do absolutely everything wrong and close tomorrow, your maximum realistic downside is only 10% and the chances of that happening are slim. This stock should be on your watchlist if it isn't already.

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At some point, I think THQ Inc. (NASDAQ:THQI) will have a nice pop to the upside followed by a slow and sustained upward move. This company is in the midst of a turnaround and I expect the stock price to start to rise in anticipation. With this stock trading as high as $6.49 early this year, I think today's current price of $1.86 represents a great opportunity for investors. From a technical standpoint, this stock looks to have bottomed and has significant support at $1.76.

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Take-Two Interactive Software, Inc. (NASDAQ:TTWO) today this stock held its ground and could be ready to takes its next step higher. The technical daily chart above shows the momentum indicators have turned up and the RSI is on the rise. Looks good over $12.02 for a trade. 13 SMA providing support now.
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Gulf Resources, Inc. (NASDAQ:GURE) looks to be working its way higher after a dramatic fall in price from $3. It could see a nice rally from here.
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Other stocks to watch :

New 52-week Low stocks
URBN - Urban Outfitters, Inc.
SVU - SUPERVALU INC
CIEN - CIENA Corporation
HGSI - Human Genome Science
TRV - The Travelers Co
BWS - BROWN SHOE CO INC
FST - FOREST OIL CORP
RUE - Rue21 Inc
VIT - Vanceinfo Technology
IBN - Icici Bank Ltd
SIGM - Sigma Designs, Inc.
FRO - FRONTLINE LTD
ORI - OLD REPUBLIC INTL CORP
CISG - CNinsure Inc
MTL - MECHEL OAO
SANM - Sanmina Corporation
LFC - CHINA LIFE INSUR CO
CRK - COMSTOCK RESOURCES INC
PVA - PENN VIRGINIA CORP
SLT - Sterlite Industries
QNST - QuinStreet Corp
AHL - ASPEN INSURANCE HLD
RYN - RAYONIER INC
BWP - BOARDWALK PIPELINE
IFN - INDIA FUND INC
AZSEY - ALLIANZ Se
PRE - PARTNER RE LTD
PTP - Platinum Underwrite
AVID - Avid Technology, Inc.
PKX - POHANG IRON & STEEL CO

Unusual volume in today's trading session


TIVO - TiVo Inc.
PSS - Collective brands
PANL - Universal Display C
PDCO - Patterson Co
BWS - BROWN SHOE CO INC
EXPR - Express Inc
SIG - Signet Jewelers
SLH - Solera Holdings Inc
RUE - Rue21 Inc
LZB - LA Z BOY INC
ORIT - Oritani Financl
CISG - CNinsure Inc


Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.  
Thanks for visiting AC Investor Blog.
AC
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