More waves were recently made when KPMG had to withdraw from its role as the company’s auditor when it was revealed one of its employees was giving confidential information to someone who was trading in the stock. Either way, it’ll be interesting to see how management handles the situation in its conference call next week.
Research In Motion Ltd
The company behind the Research In Motion Ltd (NASDAQ:BBRY) smartphone was really counting on its new Z10 phone and Research In Motion Ltd (NASDAQ:BBRY) 10 operating system to blow people away. Apparently, that hasn’t been the case.
The company claims that the reports of mass returns of its new phone aren’t true. Although we’ll have to wait until late June to find out, my money certainly won’t be behind this company.
3D Systems Corporation (NYSE:DDD)
The key piece of information to understand here is that this company is in the business of making 3-D printers. These printers have mind-boggling potential for the future, and that has helped the company’s shares shoot up more than 250% last year.
Since then, however, shares have cooled off a bit as earnings produced a slight disappointment and Citron Research came out with a bearish report on the company. While the company’s earnings will effect how the stock reacts, the company’s outlook will be just as important. Over the long term, however, I’m still very much a believer in the company, as it’s a member of my “World’s Greatest Growth Portfolio.”
The article 5 Stocks That May Make Huge Moves Soon originally appeared on Fool.com and is written by Brian Stoffel.
Fool contributor Brian Stoffel owns shares of Heckmann. The Motley Fool recommends 3D Systems. The Motley Fool owns shares of 3D Systems and Heckmann and has the following options: Short Jan 2014 $36 Calls on 3D Systems, Short Jan 2014 $20 Puts on 3D Systems, Long Jan 2014 $4 Calls on Heckmann, Short Jan 2014 $3 Puts on Heckmann, and Long Jan 2014 $50 Calls on Herbalife.
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