Saturday, May 14, 2011

Friday’s Stocks to Watch: CA, Nordstrom

Here are a few stocks to keep on your radar: Shares of CA (NYSE: CA ) were
off more than 8% in early Friday trading after the company missed Wall Streets
fiscal fourth-quarter earnings and revenue expectations late Thursday. Nordstrom
(NYSE: JWN ) fell 0.6% after the company missed analysts first-quarter profit
and revenue estimates. Nvidia (NASDAQ: NVDA ) shares slipped 8.4% after beating
Wall Streets first-quarter profit and revenue expectations. The graphics
chipmaker also said second-quarter revenue would beat current expectations. The
stock had climbed 30% in 2011 alone, however, before Friday trading. Shares of
VeriFone (NYSE: PAY ) rebounded by 2.4%, a day after a selloff in the wake of
news that the Justice Dept. was filing suit to stop the companys merger with
Hypercom (NYSE: HYC ).

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