Month: May 2012

AMN Healthcare Services (NYSE:AHS) was upgraded from Neutral to Outperform at RW Baird today. The stock closed yesterday at $6.07 on volume of 168,000 shares, above average daily volume of 106,000.There is potential upside of 15.3% for shares of AMN Healthcare Services based on a current price of $6.07 and an average consensus analyst price target of $7.00. AMN Healthcare Services shares have support at the 50-day moving average (MA) of $5.83 and additional support at the 200-day MA of $5.21.AMN Healthcare Services share prices have moved between a 52-week high of $9.33 and a 52-week low of $3.60 and closed yesterday at 69% above that low price at $6.07 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has advanced 1.0%.SmarTrend recommended that subscribers consider buying shares of AMN Healthcare Services on October 27th, 2011 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $4.97. Since that recommendation, shares of AMN Healthcare Services have risen 22.1%. We continue to monitor AHS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

DragonWave (NASDAQ:DRWI) was downgraded from Buy to Hold at Jefferies today. The stock closed yesterday at $3.43 on volume of 362,000 shares, above average daily volume of 135,000.DragonWave (NASDAQ:DRWI) has potential upside of 39.3% based on a current price of $3.43 and analysts’ consensus price target of $4.78. DragonWave shares should first meet resistance at the 50-day moving average (MA) of $3.98 and find additional resistance at the 200-day MA of $4.03.DragonWave Inc. provides wireless Ethernet equipment for use in IP networks. The Company designs, develops, and markets carrier-grade microwave radio frequency networking equipment that wirelessly transmit broadband voice, video, and other data.DragonWave share prices have moved between a 52-week high of $8.75 and a 52-week low of $2.70 and closed yesterday at 27% above that low price at $3.43 per share. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 1.6%.SmarTrend recommended that its subscribers protect gains by selling shares of DragonWave on March 8th, 2012 by issuing a Downtrend alert when the shares were trading at $3.78. Since that call, shares of DragonWave have fallen 9.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Iron Mountain (NYSE:IRM) was upgraded from Neutral to Buy at Citigroup today. The stock closed yesterday at $30.93 on volume of 2.3 million shares, above average daily volume of 1.7 million.Over the past year, Iron Mountain has traded in a range of $27.68 to $35.79 and closed yesterday at $30.92, 12% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has remained constant.There is potential upside of 11.3% for shares of Iron Mountain based on a current price of $30.92 and an average consensus analyst price target of $34.40. Iron Mountain shares have support at the 200-day moving average (MA) of $30.73 and additional support at the 50-day MA of $29.56.Iron Mountain Incorporated provides records and information management services to customers in North America, Europe, Latin America and Asia Pacific. The Company offers records management services for both physical and digital media, disaster recovery support services, and consulting.SmarTrend is monitoring the recent change of momentum in Iron Mountain. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Iron Mountain in search of a potential trend change.

Pioneer Southwest Energy Partners (NYSE:PSE) was upgraded from Underperform to Sector Perform at RBC Capital today. The stock closed yesterday at $26.88 on volume of 81,000 shares, above average daily volume of 70,000.Pioneer Southwest Energy Partners, L.P. seeks to own and acquire developed oil and gas properties.Potential upside of 5.7% exists for Pioneer Southwest Energy Partners, based on a current level of $26.88 and analysts’ average consensus price target of $28.40. The stock should find initial resistance at its 50-day moving average (MA) of $27.05 and further resistance at its 200-day MA of $27.49.Over the past year, Pioneer Southwest Energy Partners has traded in a range of $21.34 to $35.85 and closed yesterday at $26.88, 26% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.3%.

Trimble Navigation (NASDAQ:TRMB) was downgraded from Buy to Hold at Canaccord Genuity today. The stock closed yesterday at $53.22 on volume of 1.0 million shares, above average daily volume of 593,000.There is potential upside of 10.2% for shares of Trimble Navigation based on a current price of $53.22 and an average consensus analyst price target of $58.67. The stock should discover initial support at its 50-day moving average (MA) of $52.97 and subsequent support at its 200-day MA of $43.61.In the past 52 weeks, shares of Trimble Navigation have traded between a low of $31.88 and a high of $55.95 and closed yesterday at $53.22, which is 67% above that low price. The 200-day and 50-day moving averages have moved 0.73% higher and 0.38% higher over the past week, respectively.SmarTrend is tracking the current trend status for Trimble Navigation and will alert subscribers who have TRMB in their portfolio or watchlist when shares have changed trend direction.

Weight Watchers (NYSE:WTW) was upgraded from Hold to Buy at Auriga today. The stock closed yesterday at $62.29 on volume of 6.5 million shares, above average daily volume of 823,000.Over the past year, Weight Watchers has traded in a range of $51.28 to $86.97 and closed yesterday at $62.29, 21% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.5%.There is potential upside of 37.4% for shares of Weight Watchers based on a current price of $62.29 and an average consensus analyst price target of $85.57. The stock should run into initial resistance at its 200-day moving average (MA) of $68.36 and subsequent resistance at its 50-day MA of $77.05.SmarTrend recommended that its subscribers protect gains by selling shares of Weight Watchers on April 9th, 2012 by issuing a Downtrend alert when the shares were trading at $74.69. Since that call, shares of Weight Watchers have fallen 16.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Omaha, Nebraska might be an unassuming location on a typical day, but not this weekend because Berkshire Hathaway is staging its annual shareholder meeting, a.k.a. the Woodstock of Capitalism.A handful of friends of our show told us that they would be heading for the event today and there won’t be any shortage of questions. On the top of the pile is gotta be Warren Buffett’s health, followed by who he will name as the successor of Berkshire. Buffett said in his annual shareholders letter in February that the board has decided on a candidate to take over the company, but he declined to identify this individual even after his health situation became well known in April.Key holdings of Berkshire include Coca-Cola, IBM, American Express, Bank of America and Wells Fargo. Berkshire posted stellar performance in the majority of the past four decades even though both A and B shares trailed the S&P in 2011.For more news and updates, keep it right here at the Financial News Network. I’m Julia Sun.

Regency Centers (NYSE:REG) was upgraded from Market Perform to Outperform at Raymond James today. The stock closed yesterday at $46.82 on volume of 726,000 shares, above average daily volume of 515,000.Regency Centers Corporation is a self-administered and self-managed real estate investment trust that owns and operates grocery anchored neighborhood retail centers. The Company currently owns and operates properties in various states located throughout the United States.Over the past year, Regency Centers has traded in a range of $32.30 to $47.90 and closed yesterday at $46.82, 45% above that low. The 200-day and 50-day moving averages have moved 0.04% lower and 0.54% higher over the past week, respectively.Regency Centers (NYSE:REG) is currently priced 8.2% above its average consensus analyst price target of $43.00. Regency Centers shares have support at the 50-day moving average (MA) of $43.72 and additional support at the 200-day MA of $40.07.SmarTrend recommended that subscribers consider buying shares of Regency Centers on December 30th, 2011 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $37.97. Since that recommendation, shares of Regency Centers have risen 23.3%. We continue to monitor REG for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Whole Foods Market (NASDAQ:WFM) was upgraded from Neutral to Overweight at JP Morgan today. The stock closed yesterday at $90.69 on volume of 7.4 million shares, above average daily volume of 1.4 million.Whole Foods Market (NASDAQ:WFM) is currently priced 2.8% above its average consensus analyst price target of $88.18. The stock should find initial support at its 50-day moving average (MA) of $83.68 and further support at its 200-day MA of $72.39.In the past 52 weeks, Whole Foods Market share prices have been bracketed by a low of $53.32 and a high of $91.06 and closed yesterday at $90.69, 70% above that low price. The 200-day and 50-day moving averages have moved 0.58% higher and 0.47% higher over the past week, respectively.SmarTrend recommended that subscribers consider buying shares of Whole Foods Market on December 2nd, 2011 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $68.79. Since that recommendation, shares of Whole Foods Market have risen 31.8%. We continue to monitor WFM for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

4-24-12-Western Union (NYSE:WU) reported adjusted Q1 EPS of $0.40, inline with estimates.Revenues in the quarter rose 9% YoY to $1.39 billion, inline with estimates.The company reaffirmed its outlook of 2012 EPS of $1.70-$1.75, with constant currency revenue up 6%-8%, last given February 7th.Western Union Company offers money transfer services. The Company offers consumer to consumer money transfer and bill paying services, and sells money orders.