Facebook Inc (FB), Cisco Systems, Inc. (CSCO), Bank of America Corp (BAC), Sirius XM Radio Inc (SIRI): Volume Leaders on Monday

Since the market is about to close, let’s take a look at the stocks that will most likely end the day as market leaders in terms of trading volume. Following the leaders on the market like volume leaders or top price gainers, but also top price losers can help an average investor understand the market’s daily gyrations a bit better. As follows, on Monday our radar picked up: Facebook Inc (NASDAQ:FB), Cisco Systems, Inc. (NASDAQ:CSCO), Bank of America Corp (NYSE:BAC), and Sirius XM Radio Inc (NASDAQ:SIRI).

Facebook Inc. (FB)Facebook Inc (NASDAQ:FB) has the largest volume in the U.S. stock market, adding about 1.8% in value to $41.3 per share in deals worth over $91 million. The stock of the operator of the largest social network has increased by more than 50% since the beginning of the year. The market cap of Facebook exceeds $100 billion, which makes it the second-largest company among internet information providers, being outrun only by Google with a $289 billion market cap, and surpassing big players like Baidu and Yahoo. With a high forward P/E of more than 42, Facebook is a company appreciated amongst investors.

Another company that is situated among trading leaders is Cisco Systems, Inc. (NASDAQ:CSCO). On Monday, the company edged down by 0.1% to $23.8 per share, coming close to its 52-week high of $26.5 in deals exceeding $32.7 million. Cisco recently opened a Center of Innovation in Rio de Janeiro, Brazil, that will be responsible for the integration of the company’s portfolio with technology from local representatives in order to build solutions for the local market. The opening of the center comes within Cisco’s investment plan in Brazil.

In deals worth about $59.7 million, Bank of America Corp (NYSE:BAC)’s stock lost 0.4% to $14.5, trailing a year-to-date return of 25.15%. Bank of America is usually always one of the top volume leaders due to its large market cap (about $155.9 billion), combined with a lower share price than its peers, other big money center banks like JPMorgan Chase or Wells Fargo. The forward P/E and PEG ratios of Bank of America amount to 10.6x and 1.8 respectively.

Sirius XM Radio Inc (NASDAQ:SIRIalso makes the list as one of the top leaders in terms of trading volume today. The company lost almost 1% to $3.7 per share, with its trading volume amounting to about $24.7 million. Since January, the stock of Sirius has gained almost 27%. After a successful quarter that brought a 12% increase in revenues, raising them to a record $940 million and a net income of $126 million, Sirius recently announced its intention to buy back $753.5 million of debt represented by 8.75% senior notes due in 2015.

Disclosure: none

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

10 Best States To Practice Medicine

The 10 Best States to Have a Business

The 12 Most Expensive Apple (AAPL) Apps in the Market

The 10 Richest Billionaires in the World

10 Biggest Kickstarter Failures

The 10 Best Places to Work At

The Top 10 of Google Inc (GOOGL)’s Most Expensive Acquisitions

13 Best Cities to Visit in South America

10 Most Expensive Works of Art of All Time

The 10 Richest Banks in the World

The 10 Best-Paying Jobs in America (2014)

7 Most Expensive Foods in the World

The World’s Top 10 Earning Authors

Five Wicked and Very Expensive Items (and Other “Stuff”) Sold on eBay

10 Biggest Celebrity Bankruptcies

The Top 10 Highest Paid CEOs in 2014

The 10 Most Expensive Real Estate Cities in America

10 Most Expensive States To Live In America

The 10 Best Airlines in the World

The 10 Best-Selling Cars in 2014

The 10 Best Industries to Invest In

The 10 Most Expensive States to Own a Car In

Top 10 Business Schools in US: 2014 Rankings

Top 20 Female Billionaires in 2014

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top 6 Tax Scams and How to Protect Yourself

Top Businesses to Invest In

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!