5 Stocks You Need to Know This Morning (VRNG, FSLR, WFR, RIG, ROST)

Los Angelas, CA -- (SBWIRE) -- 01/04/2013 -- Vringo, Inc. (NYSE:VRNG) saw a nice pump up as the stock re-crossed the 200-Day MA and 50-Day MA. The stock suddenly saw an impressive buying interest at around 10.30 AM EST and ended higher by a whopping 20% at day’s high of $3.50, supported by strong volume of over 10.08 million shares – about 3.95X 30-day average volume. VRNG had very volatile year when the stock moved up as high as $5.73, up 742% from its low of $0.68. It had a nice pop up between April to mid October 2012, followed by a sharp correction on profit booking, which had pulled the stock all the way from $5.73 to $3.

Can VRNG Extend Gain? If Yes, How Far It Can Go? Find Out Here

First Solar, Inc. (NASDAQ:FSLR) stock fell 1.02 percent to $34.06 in pre-market trading. The company’s stock climbed more than 7.5 percent in regular trading Thursday after it was upgraded to “sell” rating from “strong sell” rating at S&P Capital IQ.

How Should Investors Trade FSLR Now? Find Out Here

MEMC Electronic Materials, Inc.(NYSE:WFR) extended its weeklong rally and gained another 7.27% to $3.69.. The stock has jumped about 14% in the past one week. The company announced that John Marren and Board Audit Committee Chairman William Stevens have retired, effective December 31st, 2012.

Can WFR Continue To Move Higher? Find Out Here

Transocean LTD (NYSE:RIG) announced of paying $1.4 billion to resolve the Justice Department’s civil and criminal investigation into its role in the Deepwater Horizon disaster sending its share up by $2.96 or 6.40% to close at $49.20 on Thursday. In the after-hours trade the stock a spike by another 34 cents or 0.69% to $49.54.

How Should Investors React To RIG Now? Find Out Here

Ross Stores Inc. (NASDAQ:ROST) reported a 6 percent increase in December comparable store sales Thursday morning. The company also increased its fourth quarter EPS guidance to between $1.05 and $1.06, from previous guidance of $0.99 to $1.04. The consensus estimate is for EPS of $1.04. Shares finished up by 4.34 at $58.78 on above average volume. Ross Stores rose to a 2-month high and re-crossed its 50-day moving average.

Can ROST Extend This Massive Gain? Find Out Here

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