Momentum Stocks: VMware, Inc. (NYSE:VMW), Opko Health (NYSE:OPK), Murphy Oil Corporation (NYSE:MUR), ConocoPhillips (NYSE:COP)

Posted by on Mar 04, 2014

VMware, Inc. (NYSE:VMW) announced that Millennium Pharmacy Systems, a pharmacy services provider to the long-term care industry, has deployed VMware vSphere(R) with Operations Management(TM), to help deliver greater IT efficiency and improved quality of service to over 200 nursing care facilities in the United States. VMware, Inc. (NYSE:VMW) stock opened at $92.82 in last trading session, and closed at $95.65, trading in the range of $92.73 – $96.04. The stock showed a negative weekly performance of -1.08%.

Opko Health (NYSE:OPK) released its earnings data on Monday. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.01, Stock Ratings Network.com reports. The company had revenue of $20.70 million for the quarter, compared to the consensus estimate of $23.64 million. The company’s quarterly revenue was up 27.8% on a year-over-year basis. Opko Health Inc. (NYSE:OPK) shares closed at $9.40 on last trade day, by losing -1.26%. Stock 52 week range is $6.14 – $12.95. Company’s market capitalization is $3.84 billion.

Murphy Oil Corporation (NYSE:MUR) announced that first oil production from the Siakap North-Petai (SNP) development offshore Malaysia commenced on February 27, 2014. Murphy Oil Corporation (NYSE:MUR) stock decreased -0.27% and finished the last session at $59.21. The EPS of the stock remained 4.74. Company’s market capitalization is $11.07 billion.

ConocoPhillips (NYSE:COP)‘s stock had its “neutral” rating reaffirmed by equities researchers at Guggenheim in a research report issued on Thursday, American Banking News.com reports. They currently have a $67.00 price objective on the stock, down from their previous price objective of $73.00. Guggenheim’s target price suggests a potential upside of 0.75% from the stock’s previous close. ConocoPhillips (NYSE:COP) stock opened at $66.36 in last trading session and closed at $66.31. The 52 week range of the stock is $56.38 – $74.59 and the day range was $65.98 – $67.20.

Leave a Reply

Your email address will not be published. Required fields are marked *