Tuesday, April 19, 2011

Tuesday’s Stocks to Watch: Shanda, Zions Bancorp

tdp2664
InvestorPlace
Here are a few stocks to keep on your radar: Shanda Interactive (NASDAQ: SNDA ) shares were off 0.1% after jumping Monday on news that its Cloudary unit submitted a draft registration statement for a possible initial public offering. Zions Bancorp (NASDAQ: ZION ) rose 7.5% after the company posted a first-quarter profit late Monday, beating analysts’ expectations for a loss. A slew of investment banks upgraded the stock on Tuesday. After a massive jump on Monday on the heels of a beat-and-raise quarterly profit report, Titan Machinery (NASDAQ: TITN ) was off 0.1% in early Tuesday trading. Crane (NYSE: CR ) gained 7.1% after the company beat Wall Street’s first-quarter earnings expectations and guided analysts higher for its full-year profit and revenue. Steel Dynamics (NASDAQ: STLD ) rose 5.2% after beating analysts’ first-quarter profit and revenue expectations late Monday.



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