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 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

6 Ways to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

The Most Heartwarming and Inspirational Story Of This Halloween Season, It Will Make You Cry and Jump For Joy

10 Best Party Songs of All Time to Bring the House Down With

5 New World Order Conspiracy Theories that Will Strangle the World

The 10 Highest Rated Movies of 2014

The 10 Largest Container Shipping Companies in the World

The 10 Largest Armies in the World: Who Should We Be Afraid Of?

Best Warren Buffett Quotes on Money You Need to Hear

The 10 Highest Suicide Rates by Profession

The 20 Most Underrated Movies of All Time

The 10 Fastest Growing Companies in America

The 10 Biggest Outlet Malls in USA

The 5 Most Popular Rap Songs of All Time

The 10 Countries that Eat the Most Meat

The10 Most Expensive Countries to Fly To

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!