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Best Stocks: Apple’s (Nasdaq:AAPL) electric car

By Leslie Bailey February 23, 2015
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Cantor Fitzgerald analyst Brian White says he believes an electric car from Apple (Nasdaq:AAPL) has the potential to be the "iPhone of the Future." White, in a note to investors today, added that he doubts Apple's reach will stop there. He believes the personal robot category offers "great potential over the next decade and fits well with Apple's skill set." White thinks the reports of an electric car show innovation at the tech giant continues. He keeps a Buy rating Apple shares with a $160 price target. The stock is up 30c it morning trading to $128.71.

 

Rocket Fuel  (NASDAQ: FUEL) crashes, downgraded after earnings, Janney still positive. Shares of Rocket Fuel (NASDAQ: FUEL) plunged after the company reported lower than expected fourth quarter revenue and provided first quarter revenue guidance that came in below expectations. Several analysts responded to the news by downgrading the stock, but research firm Janney Capital wrote that the company's potential reward still outweighs its risks. Rocket Fuel has developed a decision making and modeling platform that is based on big data and artificial intelligence. Rocket Fuel reported a Q4 per share loss, excluding certain items, of (18c), versus analysts' consensus estimate of a (21c) per share loss. The company's revenue came in at $139.5M, versus the consensus outlook of $147M. Rocket Fuel provided Q1 revenue guidance of $57M-$58M, versus the consensus outlook of $69.5M.

 

Green Mountain Coffee (NASDAQ:GMCR)  calls active on new takeover rumors. Green Mountain Coffee  (NASDAQ:GMCR)  February 121, 122 and February weekly 127 calls are active on total call volume of 5K contracts (1K puts). February weekly and March call option implied volatility is at 34, April is at 32; compared to its 26-week average of 39 according to Track Data. Active call volume suggests traders taking positions for large near term price movement.

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By Leslie Bailey February 23, 2015
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