Gainers Recap: Enerplus Corp, Apache Corporation (NYSE:APA), Bank of America Corp(NYSE:BAC), Stratasys, Ltd. (NASDAQ:SSYS)

Lakeway, NY -- (SBWIRE) -- 03/08/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Enerplus Corp (USA) (NYSE:ERF) shares jumped 2.90% and closed at $14.17. The company, on Feb. 22, announced that it expects to grow daily production by approximately 30% for fiscal 2013. The Company expects production to average between 82,000 BOE per day and 85,000 BOE per day in fiscal 2013 with a 50% weighting to crude oil and liquids. This is an expected increase of 2% versus 2012 using the mid-point of this range. Exit production is expected to average between 84,000 BOE per day and 88,000 BOE per day. Given the timing of capital spending and expected downtime for winter weather conditions, the Company expects production volumes during the first quarter will be slightly lower than the fourth quarter of 2012.

Is ERF a Strong Buy After The Recent Gain? Let’s Find out Here

Apache Corporation (NYSE:APA) shares jumped 2.86% and closed at $75.65 in the last trading session. The company s considering the sale of its Gulf of Mexico deepwater assets, Bloomberg News reported on Mar. 6, citing a person familiar with the matter. An Apache spokesman declined to comment on specifics, and said the company is "actively exploring" several alternatives related to its previously stated goal of $2 billion in asset sales this year, Bloomberg reported.

Is APA a Strong Buying Opportunity After The Recent Slump? Find out Here

Bank of America Corp(NYSE:BAC) shares gained 2.85% to $12.26.The company has recently introduced a new credit card that will reward customers for responsible management of their monthly payments. Dubbed the BankAmericard Better Balance Rewards credit card, account-holders can earn cash by paying more than the monthly minimum and doing so on time.

Additionally, the company reportedly sold Wake Forest University Charlotte Center building to Alliance Partners, affiliate of the commercial real estate investment firm The Schidler Group, for $72.5 million, reported Charlotte Business Journal yesterday.

Should Investors Consider BAC After The Recent price Action? Get Free Trend Analysis Here

Stratasys, Ltd. (NASDAQ:SSYS) shares increased 2.85% to $68.90. The company posted its quarterly earnings results on Mar. 4. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.38 by $0.02. The company had revenue of $96.40 million for the quarter, compared to the consensus estimate of $52.83 million.

Additionally, analysts at Gabelli initiated coverage on shares of Stratasys in a research note to investors on Feb. 25. They set a “hold” rating and a $69.00 price target on the stock.

Should Investors Consider SSYS
After The Recent price Action? Get Free Trend Analysis Here

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