Savvy Stock Picks

Sprint Nextel Corporation NYSE:S

Sprint (NYSE: S) and the Motorola Solutions business of Motorola (NYSE: MOT) announced an agreement to extend Motorola’s support of the Sprint iDEN network for three additional years. Extending this longstanding agreement reflects both companies’ commitment to iDEN technology as a best-in-class platform for push-to-talk (PTT) services. This agreement formally extends Sprint and Motorola Solutions’ contractual iDEN relationship through 2013 and covers the supply of software and services.

Sprint Nextel Corporation NYSE:S score 1.64% to $4.34 and trading on over 23.77 million shares. Its opening price was $4.26 and its shares are trading within the range of $4.25-$4.37. The market capitalization remained 12.96 billion. Its stock price 52 weeks low was $3.10 and 52 weeks high price was $5.31.

S is ahead its 52 week low with 39.68% and its last month price volatility remained 3.05%. Its beta coefficient was 1.13 with a target price of $5.22. In its share capital S has 2.99 billion outstanding shares while 2.98 billion shares have been floated in market. S has insider ownership of 0.14% with its institutional ownership remained 89.90%. Company’s current year earnings per share grew with 13.57% while the five year EPS growth rate was 47.87%.

Ivanhoe Energy Inc. (USA) NASDAQ:IVAN

Ivanhoe Energy Inc. (USA) NASDAQ:IVAN surge 12.17% to $2.85 and trading on over 7.42 million shares. Its opening price was $2.86 and its shares are trading within the range of $2.80-$3.07. The market capitalization remained 949.29 million. Its stock price 52 weeks low was $1.46 and 52 weeks high price was $3.89.

IVAN is ahead its 52 week low with 95.90% and its last month price volatility remained 3.76%. Its beta coefficient was 2.39 with a target price of $3.30. In its share capital IVAN has 334.23 million outstanding shares while 278.63 million shares have been floated in market. IVAN has insider ownership of 16.43% with its institutional ownership remained 32.90%. Company’s current year earnings per share grew with 36.89% while the five year EPS growth rate was 0.00%.

RRI Energy, Inc. NYSE:GEN

RRI Energy, Inc. NYSE:GEN advance 1.90% to $3.75 and trading on over 8.50 million shares. Its opening price was $3.70 and its shares are trading within the range of $3.66-$3.75. The market capitalization remained 1.33 billion. Its stock price 52 weeks low was $3.35 and 52 weeks high price was $6.21.

GEN is ahead its 52 week low with 11.34% and its last month price volatility remained 2.59%. Its beta coefficient was 1.70 with a target price of $5.14. In its share capital GEN has 353.44 million outstanding shares while 351.98 million shares have been floated in market. Company’s current year earnings per share reduced with 330.01% while the five year EPS growth rate was -15.02%.

Level 3 Communications, Inc. NASDAQ:LVLT

Level 3 Communications, Inc. NASDAQ:LVLT surge 0.42% to $0.974 and trading on over 8.56 million shares. Its opening price was $0.97 and its shares are trading within the range of $0.96-$0.98. The market capitalization remained 1.63 billion. Its stock price 52 weeks low was $0.83 and 52 weeks high price was $1.77.

LVLT is ahead its 52 week low with 17.28% and its last month price volatility remained 3.44%. Its beta coefficient was 1.41 with a target price of $1.08. In its share capital LVLT has 1.67 billion outstanding shares while 1.62 billion shares have been floated in market. LVLT has insider ownership of 15.49% with its institutional ownership remained 73.10%. Company’s current year earnings per share reduced with 86.24% while the five year EPS growth rate was 0.00%.