Stocks to Eyes On: Alpha Natural Resources, AK Steel Holding, Forest Oil, LKQ

Lakeway, NY -- (SBWIRE) -- 03/04/2013 -- 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:-

Alpha Natural Resources, Inc. (NYSE:ANR) shares declined 3.76% and closed at $7.68. The company announced that members of Alpha's management team will participate in several investor conferences including: the Simmons & Company International 13th Annual Energy Conference on Thursday, February 28, 2013; Howard Weil's 41st Annual Energy Conference on Wednesday, March 20, 2013; and Barclays Americas Mining and Materials Forum on Thursday, March 21, 2013.

Is ANR a Strong After The recent price Movement? Let’s Find out Here

AK Steel Holding Corporation (NYSE:AKS) shares decreased 3.73% to $3.61 after the company last week announced price increases, following reports that United States Steel Corp had boosted its own spot prices. Dahlman Rose analyst Anthony Rizzuto said it is unusual for U.S. Steel to lead price increases in this way. He said the move should at least keep prices in the broader market from falling in the short term.

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

Forest Oil Corporation (NYSE:FST) shares dropped 3.62% and closed at $5.59. Investment analysts at Credit Suisse dropped their target price on shares of Forest Oil from $6.00 to $5.00 in a note issued to investors on Feb. 26. The firm currently has an “underperform” rating on the stock.

The company, on Feb. 20, announced financial and operational results for the fourth quarter and full-year 2012 and provided year-end estimated proved reserves. For the three months ended December 31, 2012, Forest reported a net loss of $287 million, or $(2.48) per diluted share. Adjusted net earnings and earnings per share on a diluted basis was $17 million, or $0.14 per diluted share, compared to $20 million, or $0.18 per diluted share, in the corresponding 2011 period.

Is FST Signaling a Buy Signal After The recent Volatility? Let’s Find out Here

LKQ Corporation (NASDAQ:LKQ) shares dropped 3.59% and closed at $20.43 in the last trading session. Deutsche Bank on Mar. 1 reiterated its Hold rating on LKQ, and raised its price target from $18.50 to $20.00.

Additionally, the company, on Feb. 28, announced that it expects net income $305 million to $330 million and Diluted EPS $1.00 to $1.09 in fiscal 2013. Analysts were expecting the Company to report net income of $327 million and EPS of $1.08 for fiscal 2013.

Is LKQ a Strong Buying Opportunity After The Recent Gain? Find out Here

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