Published On: Tue, Dec 3rd, 2013

Momentum Stocks: Amazon.com (AMZN), Calpine Corporation (CPN), Giant Interactive (GA)

Amazon.com, Inc. (NASDAQ:AMZN), stock in last trading session declined -0.34% as company’s CEO working on Prime Air unmanned aircraft project for less time consuming deliveries is facing legal and regulatory obstacles from U.S. law and Society.

The Analysts average revenue estimates for the firm has 16.76 billion in the fourth Quarter of 2013 and experts predict 25.89 billion revenues for the first quarter of 2014. Currently, 20 analysts that rates Amazon.com, Inc. stocks at “buy,” 11 analysts rate it at “hold” and 11 rate it at “strong buy”.

ON THE OTHER FRONT: Shares of Calpine Corporation (NYSE:CPN), after opening at $ 18.87 reached its day high price of $ 19.15 and then closed at $18.98 by surging +0.37% in last trading session, as the corporation has approved to buy a natural gas-fired plant of $625 million from MinnTex Power Holdings. The concern of shares volume, firm has 2.34 million shares volume as compare to its average volume of 2.91 million shares.

AVERAGE ANTICIPATES: For fourth quarter of 2013, the consensus average estimates of street for the revenue are 1.63 billion, while 04 experts predict 1.17 billion revenues for the first quarter of 2014. For current quarter, firm sales growth (year/est) is forecasted 19.20% and for first quarter 2014 was predicted -5.60%.

A U.S.-listed Chinese firm, Giant Interactive Group Inc (ADR) (NYSE:GA) stocks declined       -0.62% in last trading session as it has a market cap of $2.67 billion with outstanding shares of 239.61 million. The online game developer and operator Group likely to be delisted from the NYSE as it received buyout offer and an acceptance has already been provided by the chairman of the board on 25th Nov.

CURRENT ANALYSTS RATING: Currently, 06 analysts that rate its stocks at “Buy”, 04 analysts rate it at “Hold” and 2 rate it at “Strong Buy” only. While the mean recommendation of this week is 2.2 {(Strong Buy) 1.0 – 5.0 (Sell)} as compare to last week recommendation of 2.1, which denotes 0.1 change in recommendations.

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