Thursday, March 31, 2011

Thursday’s Stocks to Watch: PPG, Advanced Battery

Here are a few stocks to keep on your radar: PPG Industries (NYSE: PPG ) was off 0.4% after that stock — as well as other names in the chemical manufacturing sector — hit 52-week highs on Wednesday. Advanced Battery Tech (NASDAQ: ABAT ) rose 3% after falling Wednesday on a reported newsletter mention, prompting the company to issue a statement Thursday that there was no change in the company’s financial condition. Shares of Acxiom (NASDAQ: ACXM ) bounced back 2.9% after the company’s stock plunged on Wednesday following a disappointing profit forecast and the resignation of the company’s CEO. CarMax (NYSE: KMX ) shares slumped nearly 7% despite the company beating fourth-quarter profit and revenue estimates. Mosaic (NYSE: MOS ) was off 0.7% after the company beat fiscal third-quarter profit estimates but missed on revenue.
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