Chris Lau
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Chris Lau in Value Stocks,

Today's Action List - Thursday, October 26 2017

Shopify - SHOP - continued its rebound. Citron's short will lose it money.

Chipotle - CMG - is done. Avoid.

In biotech:
Celgene's - CELG - weak forecast for the future hit the stock price by 20%. Are you buying CELG stock? This is hurting generic drug names including TEVA and VRX. Gilead Sciences - GILD - which reports after market close - is unwinding the gains it made in September.

GSK plunged after the ER.

VRX is sub $12. The ER in November is coming up. That should help the stock price.

Nokia - NOK - reported a terrible quarter and issued a weak outlook.. Sucks to hold NOK stock. Even ERIC now looks better. JNPR. Not so much. Indirectly, optical networking demand may stay weak. Watch out for OCLR, CIEN, and AAOI.

Twitter crossed $20/share on the ER. Its results were not expected by anyone.

As AMD crossed below $12, Intel - INTC - the giant of chipmakers rose to over $41/share.

AMD:

$AMD, Advanced Micro Devices, Inc. / H1

INTC:

$INTC, Intel Corporation / H1

In China,
Alibaba - BABA - continued falling on profit-taking. PT still $200/share

Walgreens - WBA - reported an exceptional quarter. Strong results. Cheap stock. Markets will notice, eventually. Rite Aid - RAD - is drifting lower and lower. RAD needs a positive catalyst.