Traders Pick: SIRI, JPM, HOV, C

New York, NY -- (SBWIRE) -- 01/18/2013 -- Sirius XM Radio Inc. (NASDAQ:SIRI) broadcasts its music, sports, news, talk, entertainment, traffic and weather channels in the United States for a subscription fee through its proprietary satellite radio systems: the SIRIUS system and the XM system.

Shares of SIRIUS XM Radio rose $0.03 (+0.80%) to $3.15 in today's trading session. The price of SIRI ranged between $3.13 - $3.16. Volume is 37M in relation to the three month average volume of 74M shares. SIRI is trading above the 50 day moving average and higher than the 200 day moving average. The stock's 52 week low is $1.78 and 52 week high is $3.19. To date, the stock has gained 14.29% within the last quarter.

How Should Investors React To SIRI Now? Find Out Here

JPMorgan Chase & Co. (NYSE:JPM) posted remarkable results, with profits jumping to $5.7 billion in the Q4. This translates into a 53% rise from the similar period in 2011.

The biggest bank in the US, by assets, experienced a revenue climb to $23.7 billion, as compared to $21.5 billion in the Q4 of 2011. This was attributed to a solid performance in mortgage lending, whereas the investment division of the bank registered amplified profits in its underwriting dealing.

Is JPM a Solid Investment at These Levels? Read This Report For Details

Hovnanian Enterprises, Inc. (NYSE:HOV) added 0.33% and is trading at $6.02. Hovnanian Enterprises, Inc. (Hovnanian) designs, constructs, markets, and sells single-family detached homes, attached townhomes and condominiums, mid-rise condominiums, urban infill and active adult homes in planned residential developments. The Company consists of two distinct operations: homebuilding and financial services.

Should Investors Buy HOV After The Recent Drop? Find Out Here

Citigroup Inc (NYSE:C) reported $2.32 billion in costs for dismissals and lawsuits in the first financial announcement under its recent chief executive, Michael Corbat, who warned that the bank needs more time to cope with the problems it it has.

In spite of the costs, Citi (C) on Thursday announced a superior fourth-quarter profit as trading sales took a north turn. But the result was way lower than Wall Street targets, and the firm’s shares declined 3.4 percent in early trading.

What was Citi’s shares response after Corbat’s hiring? Find in this report

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