Top Trending Tickers On StockTwits For January 21
Here's a look at the top tickers trending on StockTwits.com
Hyundai Motor is set to reveal that its second-generation Blue Link system will debut in its upscale Genesis model. Blue Link will include Google (NASDAQ: GOOG) search capabilities in its navigation system and a Google Glass application to remotely start their car or unlock their doors.
Analysts at Pacific Crest and Credit Suisse both raised price targets on shares to $1,450. Pacific Crest had a previous target of $1,135 while Credit Suisse had a previous target of $1,200.
The analysts at Credit Suisse noted that their near-term checks point to a healthy growth in the fourth quarter, consistent with the first three quarters of 2013.
The analysts at Pacific Crest have a positive sentiment on the company going in to its fourth quarter results driven by strong results from its search engine.
Shares of Google were trading higher by around one percent in the pre-market session.
BlackBerry
On Monday, BlackBerry (NASDAQ: BBRY) received a vote of confidence from the U.S. Department of Defense causing shares listed on the Toronto Stock Exchange to rise nine percent on Monday.
The American government agency announced that about 80,000 BlackBerry devices will be deployed on its new mobile device management system by the end of the month.
The positive nod from the Department of Defense solidifies BlackBerry's leadership position in mobile security. Rivals Apple and Samsung have been unable to make the inroads into military smartphone procurement as their devices continue to fail to meet the strict security specifications required by the Department of Defense.
Shares of BlackBerry were playing catch up with its Canadian listed shares and trading higher by seven percent in the pre-market session.
Delta Air Lines
Delta Air Lines (NYSE: DAL) announced its fourth quarter results this morning.
The company reported an EPS of $0.65, beating the consensus estimate of $0.64. Revenue grew 5.5 percent year over year to $9.07 billion, beating the consensus estimate by $40 million.
"Our December quarter profit caps off a successful year for Delta with strong profitability and margin expansion, industry-leading operations and significant improvements in customer satisfaction," said Richard Anderson, the company's CEO in a statement. "We have a solid set of initiatives in place to improve our financial results, operational performance and customer satisfaction levels beyond 2013's record levels."
Shares moved higher by around 2.5 percent following the earnings release in the pre-market session.
Verizon
Verizon (NYSE: VZ) announced its fourth quarter results this morning.
The company reported an EPS of $0.66, beating the consensus estimate of $0.62. Revenue grew 3.5 percent year over to $31.1 billion, beating the consensus estimate by $80 million.
The company's top priorities for 2014 include investing in its network and platforms and to generate strong earnings and cash flows
Prior to the company announcing its quarterly results, Verizon has agreed to purchase Intel's online TV unit. The terms weren't disclosed but Verizon will obtain the unit's intellectual property rights.
Shares of Verizon were trading higher by around 1 percent in the pre-market session.
Halliburton
Halliburton (NYSE: HAL) announced its fourth quarter results this morning.
The company reported an EPS of $0.93, beating the consensus estimate of $0.89. Revenue grew 4.8 percent year over year to $7.64 billion, beating the consensus estimate by $80 million.
Revenue growth in the company's international operations more than made up for only modest gains in North America where revenues slipped one percent from the third quarter.
Shares of Halliburton were trading higher by around 1.75 percent in the pre-market session.
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