Tuesday, April 19, 2011

Tuesday’s Stocks to Watch: Shanda, Zions Bancorp

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 Streets 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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