Daily News logo Newsletter logo   Search News     Daily News   


Corker Capital Group's Entertainment Stocks to Watch for Nov. 23, 2004

  Share With Friends

Corker Capital Group announces the following stocks to its Stock Market Standouts List: Silver Screen Studios, Inc. , Apple Computer , Microsoft , Sirius Satellite Radiol

CCG expands its coverage of the entertainment industry with coverage of Silver Screen Studios, Inc. , www.silverscreenstudiogroup.com, www.murderbydeception.com. Silver Screen added new footage to the MBD website including its ability to shoot on a blue screen stage. We see SSS as a potential market leader in the urban content creation sector. The SSS TV network is rumored to be imminent. A network based on internet streaming of content has a broad appeal and if SSS can secure the content, they will be in a dominate position in their market segment. We are attractive on Silver Screen Studios.

Apple Computer stock jumped to a four-year high Monday to close at $61.35 after a major Wall Street firm nearly doubled its price target on the stock, saying that customer satisfaction with its iPod music player is creating "wildfire word-of-mouth marketing" for its Mac computers and other products. In a research note Monday, Piper Jaffray analyst Gene Munster raised his price target to $100 a share from $52 and reiterated an "outperform" rating on the shares. We are attractive on Apple.

Microsoft traded flat on ex-dividend to close at $26.65 on strong volume of 92.4 million shares. We see Microsoft moving rapidly into the paid search market segment that is estimated to grow to $7.5 billion by 2006. Google and Yahoo have a dominate position, and MSFT would need either to develop or acquire. We see a possible business combination of Microsoft and Yahoo in the mid term. We are attractive on Microsoft.

Sirius Satellite Radio Sirius Satellite Radio Inc., up 61 cents at $5.97 .The company on Friday announced the hiring of former Viacom executive Mel Karmazin as its new chief executive. With the addition of Howard Stern's radio program Sirius has the potential to gain market share. We are attractive on Sirius.

Market Commentary: U.S. stocks ended higher Monday as a steady dollar and a modest retreat in oil prices sparked some buying, with Apple Computer a notable gainer, buoyed by two upbeat analyst notes. On the broader market, advancers outpaced decliners by more than two to one on the New York Stock Exchange, while there were 18 winners for every 12 losers on the Nasdaq. Stocks erased early weakness because investors are still convinced the market has room to rally further before the year is out, according to Michael Metz, chief investment strategist, at Oppenheimer & Co.

"I think there are a lot of managers who think we're in an up market until 2005 and they want to hop aboard," said Metz. "If you're a money manager, and the market goes up, you'd better be there or you lose your job." Nevertheless, the session's gains came on modest volume, notably on the New York Stock Exchange. Volume was 1.38 billion on the Big Board, and 1.88 billion on the Nasdaq.

Corker Capital Group highlights stocks that are in the news, have traded high volume, or experienced a change in price in recent sessions. The aforementioned commentary is not meant to be indicative of a "long term" view of any of the companies listed. About Corker Capital Group: Corker Capital Group, a leader in corporate communications and finance, provides all investors with a wide-ranging set of financial tools, including original stock market commentary, stock quotes, interactive charts, portfolio watch, live chat and message boards, etc., plus the latest news, press releases, investment opinions, and research reports for all companies highlighted on its site. For more daily commentary, go to www.CorkerCapital.com.

All material herein was prepared by Corker Capital Group, Inc. (CCG) based upon information supplied by the company or other sources believed to be reliable. The information contained herein is not guaranteed by CCG to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. A company's actual results could differ materially from those described in any forward-looking statements or announcements discussed herein. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. CCG is not a licensed broker, broker dealer, market marker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on www.CorkerCapital.com. CCG has not been compensated by third party shareholders or with cash from the company on behalf of one or more of the companies mentioned in this opinion. CCG may sell its shares for less than any target price given in this opinion. CCG's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. CCG will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.


 
Support Wikipedia


Follow NewsBlaze

on Twitter

@newsblaze


Find more stories recommended by Stumbleupon.

newsletter logo

What's Hot?
1 .Prosecution Paints a Portrait of Abuse in the Trial of George Huguely V! - 84
2 .Censorship in America - 57
3 .Texas: Cops Pull Over Drunk Cowgirl Wearing Only Cowboy Boots - 45
4 .Supermodel Bar Refaeli Adorns the Cover of the 2009 Sports Illustrated Swimsuit Issue on Newsstands Today! - 66
5 .Insitu Delivers Small Tactical Unmanned Aircraft Systems Capability to Marines - 47
6 .These 10 Comfortable Walking Shoes Are a Step in the Right Direction - 34
7 .Effective Costa Rica Marketing Ranks Country as Top Brand in Latin America - 32
8 .Early Marriage Has Harmful Effects on Women - 34
9 .Christian Evangelist Father Johnson Reveals That India Embraces Christianity - 26
10 .Did Samantha Koenig's Abductor Notice the Isolation of Common Grounds? - 27
Updated: 22:30 PST     8688

NewsBlaze Editors

editors

NewsBlaze Writers


Writers Wanted

Help NewsBlaze provide daily news, including top stories, Home and Garden, Technology, The Environment and more. NewsBlaze Writer

Follow NewsBlaze

NewsBlaze Social Media Logos NewsBlaze Facebook NewsBlaze LinkedIn NewsBlaze Twitter NewsBlaze YouTube NewsBlaze MySpace
NewsBlaze 
Copyright © 2004-2012 NewsBlaze LLC
Use of this website is subject to our Terms of Service and Privacy Policy  | DMCA Notice |         Press Room