Friday’s Top Stocks: Facebook Inc. (NASDAQ:FB), Applied Materials (NASDAQ:AMAT), J.C. Penney Company (NYSE:JCP), BlackBerry Ltd (NASDAQ:BBRY), Verizon Communications Inc. (NYSE:VZ)

Facebook Inc. (NASDAQ:FB) announced updates to FbStart, a program that provides mobile developers with free tools and services to help their startups succeed. Facebook Inc. (NASDAQ:FB) net profit margin is 21.40% and weekly performance is 2.04%. On last trading day company shares ended up $57.92. Analysts mean target price for the company is $77.76. Facebook Inc. (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is -7.06%.

Applied Materials Inc. (NASDAQ:AMAT) reported second quarter adjusted EPS of $0.28 after the close Thursday, up from $0.16 last year. Applied Materials, Inc. (NASDAQ:AMAT) shares fell -1.37% in last trading session and ended the day on $18.69. AMAT gross Margin is 40.60% and its return on assets is 4.30%.Applied Materials, Inc. (NASDAQ:AMAT) quarterly performance is -0.43%.

As J.C. Penney Company, Inc. (NYSE:JCP) sales fell, its cash balance began to disappear. In April 2013, Goldman Sachs Group Inc. (NYSE: GS) threw J.C. Penney a lifeline in the form of a $1.75 billion loan. A few months later, J.C. Penney bolstered its balance sheet again by selling $932 million worth of shares. J.C. Penney Company, Inc. (NYSE:JCP) shares moved down -2.79% in last trading session and was closed at $8.37, while trading in range of $8.16 – $8.69. J.C. Penney Company, Inc. (NYSE:JCP) year to date (YTD) performance is -8.52%.

BlackBerry Ltd (NASDAQ:BBRY) launched a new lower-cost smartphone designed specifically for Indonesia on Tuesday in an attempt to win back market share that has plunged in recent years but remains higher than in many other nations. BlackBerry Ltd (NASDAQ:BBRY) ended the last trading day at $7.38. Company weekly volatility is calculated as 2.64% and price to cash ratio as 1.42.BlackBerry Ltd (NASDAQ:BBRY) showed a positive weekly performance of 0.54%.

Berkshire Hathaway purchased 11,022,743 shares of Verizon Communications Inc. (NYSE:VZ) in the first quarter, making it a 0.5% portfolio position. Verizon Communications Inc. (NYSE:VZ) net profit margin is 11.10% and weekly performance is -1.09%. On last trading day company shares ended up $47.96. Analysts mean target price for the company is $53.72. Verizon Communications Inc. (NYSE:VZ) distance from 50-day simple moving average (SMA50) is 1.93%.

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