News Buzz: D.R. Horton, Sony, ArcelorMittal, LinkedIn

Lakeway, TX -- (SBWIRE) -- 03/14/2013 -- Bestdamnpennystocks, 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:-

D.R. Horton, Inc. (NYSE:DHI) went up 1.50% to $24.38 on a traded volume of 1.34 million shares. Zacks maintained a neutral recommendation on D.R. Horton Inc. following appraisal of its first quarter fiscal results.

Sterne Agee initiated coverage of the company with a buy rating and $29 price target. D.R. Horton, Inc. is the homebuilding companies in the United States. The Company constructs and sells homes through its operating divisions in 26 states and 77 metropolitan markets of the United States, primarily under the name of D.R. Horton, America’s Builder.

How Should Investors Trade DHI After The Recent Movement? Find Out Here

Sony Corporation (ADR) (NYSE:SNE) soared 1.49% to $15.97 on a traded volume of 1.25 million shares. The 52-week range for the stock is $9.57 and $22.05. The Company has Price/Sales ratio of 0.19 and Price/Book ratio of 0.62. The 50-Day Moving Average and 200-Day Moving Average prices is $14.88 and $12.22 respectively.

Is SNE Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here

ArcelorMittal (ADR) (NYSE:MT) increased 1.79% to $14.82 on a traded volume of 2.77 million shares. Zacks maintained underperform recommendation on ArcelorMittal following its lackluster fourth-quarter 2012 results. ArcelorMittal SA is a Luxembourg-based company involved in the mining and steel industry. It operates in divisions: Flat Carbon Americas; Flat Carbon Europe, Long Carbon Americas and Europe; Asia, Africa and Commonwealth of Independent States, and Distribution Solutions.

Is MT a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here

LinkedIn Corp (NYSE:LNKD) soared 1.05% to $181.16 on a traded volume of 1.25 million shares. The Company announced that its membership base in Australia has surpassed four million, a 300% growth since 2010. Globally, the site attracts more than two new members every second, and grew to more than 200 million members worldwide in December.

How Should Investors Trade LNKD After The Latest Earnings Report? Find Out Here

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