Stock Watch – NFLX, BLWD, AAPL
While the market has been shaky of late, a lot of stocks have been making a name for themselves (good and bad). Below is a list of some of those stocks I have come across.
Netflix (NFLX) – The online movie rental company jumped 10 points last week after reporting a record high in new subscribers during 4th quarter 2009 and positive guidance going forward. If Netflix ever gets their streaming selection together… watch out because this stock will fly.
Look for the stock to establish its new level above $62 (prices this stock has never seen before).
Buffalo Wild Wings (BLWD) – My favorite food is buffalo wings (or chicken wings), so you can imagine how ecstatic I was when a Buffalo Wild Wings finally opened just down the street from me. The stock just crossed a 2 years resistance and hitting price levels it hasn’t seen since pre-market crash.
The company reports February with estimates at 51 cents a share (up 19% from last year), and company is still expanding with multiple new franchises. Look for it to create a nice level above $45.
Apple (AAPL) – Whether the iPad was already priced into the stock, investors were just not impressed, or it was just a slump across the tech sector, Apple did not finish off the week well: peaking at $215 and eventually bottoming out around $190.
The technical indicators aren’t great. Upward movement trend has slowed, RSI and MACD have dipped into bearish zones, and recently a double top was formed. Get a second look at Apple.



