Hot Stocks – International Business Machines Corp. (NYSE:IBM), Apple Inc. (NASDAQ:AAPL), Rentrak Corporation (NASDAQ:RENT), Actavis PLC (NASDAQ:ACT)

International Business Machines Corp. (NYSE:IBM) announced that game development studio KUULUU and world’s largest online game servers provider Multiplay are using IBM SoftLayer’s cloud capabilities to power widely popular games such as Battlefield 4 and RECHARGE. KUULUU tapped into SoftLayer’s cloud for higher performance and scale for their newest game created with Linkin Park, the most popular band on Facebook with 55 million followers, called RECHARGE, while Multiplay utilizes SoftLayer cloud to support the mega title Battlefield 4. International Business Machines Corp. (NYSE:IBM) stock opened at $185.06 in last session, and closed at $185.92, while the day range of stock is $183.88 – $186.43. The stock showed a negative weekly performance of -2.00%.

Apple Inc. (NASDAQ:AAPL) is expected to report its Q1 2014 results on Monday, January 27. Jefferies analyst Peter Misek said that the company is likely to report strong first quarter results and second quarter guidance on January 27. Related to this, Jefferies increased its revenue and earnings estimates for Apple Inc. (AAPL). Apple Inc. (NASDAQ:AAPL) stock opened at $538.22, in last session and closed at $546.39, by gaining 1.99%. The 52 week range of the stock is $385.10 – $575.14. Company’s market capitalization is $491.61 billion.

Rentrak Corporation (NASDAQ:RENT), the leader in precisely measuring movies and TV everywhere, today announced the top ten Movies on Demand (MOD) titles based on consumer transaction rate. Movies on Demand are transactional (pay-per-purchase) films available through cable and telco providers. Rentrak Corporation (NASDAQ:RENT) stock decreased -0.52 % and finished the last session at $36.44. The EPS of the stock remained -0.47. Company’s market capitalization is $436.38 billion.

Actavis plc (NYSE:ACT), a leading global specialty pharmaceutical company, today announced an updated business structure for its U.S. Specialty Brands business designed to maximize the Company’s newly strengthened position in key therapeutic areas and position it for continued long-term growth. Actavis PLC (NASDAQ:ACT) stock opened the session at $182.50, and closed the session at $186.00. The 52 week range of the stock remained $82.02 – $186.74 and the day range was $182.35-$186.98.

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