5 NYSE Stocks Have a Good Start to the New Year (BAC, C, ALU, NOK, WFC)

Los Angelas, CA -- (SBWIRE) -- 01/07/2013 -- Bank of America Corp. (NYSE:BAC) stock rose 1.32 percent to $12.27 in pre-market trading. The company is in talks to sell the collection rights on $300 billion of mortgages. Ocwen Financial Corp, Nationstar Mortgage Holdings Inc and Walter Investment Management Corp are among the firms that are in talks to purchase a portion of the assets, Reuters has reported.

Can BAC Extend This Massive Gain? Find Out Here

Citigroup Inc. (NYSE:C) stock gained 1.11 percent to $42.90 in pre-market trading. The analysts at Goldman Sachs Friday upgraded their rating on the shares of Citi from a “buy” rating to a conviction list-buy with a new price target of $49.00.

What Are C’s Charts Signaling For Traders? Find Out Here

Alcatel Lucent SA (ADR) (NYSE:ALU) climbed +12.33% to close at $1.64 with the total traded volume of 47.87 million shares with the average volume of 21.77 million. Its shares were trading within the range of $1.51- $1.64 while its opening price was $1.53. Its market capitalization is $3.72 billion. Its stock price 52 weeks low was $80.22 and 52 weeks high price was -$38.35.

Where Is Alcatel Lucent Headed Exactly After Achieving This Milestone? Find Out Here

Nokia Corporation (ADR) (NYSE:NOK) after opening at $4.20 hit high price of $4.22 and then closed at $4.18 by scoring +0.48%. NOK generated revenue of 42.00 billion in the following twelve months and earned $5723.32 billion. The Company showed a negative -15.93% in the net profit margin and as well as in its operating margin which remained -11.50%.

Is NOK A Buy Or Sell At These Levels? Find Out Here

Wells Fargo & Company (NYSE:WFC) shares closed higher by 0.52% to US$34.94 with more than 31.43 million shares traded compared to its average volume of 22.17 million shares. The company has a market capitalization of US$183.93 billion with price range within US$28.25 - US$36.60 over the past 52 weeks.

Will WFC Continue To Move Higher? Find Out Here

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