Unbelievable Ways How to Trade New High Stocks (LL, OCN, WHR, SNV)

New York, NY -- (SBWIRE) -- 10/24/2012 -- Lumber Liquidator (NYSE:LL) is +7.11 - +14.18% from the previous close of $50.14. It traded between $55.70 - 58.80 with total traded volume of 1609850 shares. Keep a close eye on LL, as the stock has been showing unusual moves over the past weeks. At Current market price, LL has recovered +302.04% from its 52-week Low of 14.24 and has Pulled back +6.02% from its 52-week high of 54.00.LL released its earnings data on Wednesday. The company reported $0.46 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.34 by $0.12. Lumber Liquidators’s revenue was up 18.8% compared to the same quarter last year.

Can LL Continue To Move Higher? Find Out Here

Ocwen Financial Corporation (NYSE:OCN)was another stock that the hedge fund legend named. Ocwen is a $4.8 billion market cap mortgage loan servicing and asset management company. Its stock was up 156% in the last year as the mortgage business appears to be recovering. Its second quarter results showed a doubling in revenue versus Q2 2011, which contributed to a 70% rise in net income. It trades at 9 times forward earnings estimates and a five-year PEG ratio of 0.6, indicating that the sell-side is projecting strong earnings growth over the next several years. We’d want to study the company more closely, but it looks like an interesting find. Billionaire Leon Cooperman’s Omega Advisors owned 3.6 million shares of the company at the end of June.

Can OCN Stable With This Position? Click Here

Whirlpool Corporation (NYSE:WHR) is a manufacturer and marketer of home appliances.The appliance maker earned $1.80 per share in Q3, well up from the profit of $0.29 it brought home in the same quarter a year earlier (although that Q3-2011 was an oddity - $0.94 per share would be more typical). WHR saw a 2.8% dip in overall sales, which were mixed - in terms of growth - depending on which particular market is in question.It's the company's outlook, however, that spurred the bulk of the rally from WHR. The company upped its full-year earnings outlook from an average of $6.75 to $7.00 per share, and Goldman Sachs flipped its opinion dial on Whirlpool all the way over from 'sell' to 'buy'... an amazingly abrupt move, not to mention one that came to late. The upgrade didn't come until after shares had already advanced 10%, making their way into a dangerously overbought situation. The stock's now up a whopping 69% since mid-June... a tough act to follow.

How Should Investors React to WHR Now? CHECK HERE

Synovus Financial Corp. (NYSE:SNV)is a financial services and a bank holding company. The Company provides integrated financial services, including commercial and retail banking, financial management, insurance and mortgage services to its customers through 30 banking divisions of the Company’s wholly owned subsidiary bank, Synovus Bank, and other offices in Georgia, Alabama, South Carolina, Florida and Tennessee.Synovus Financial (NYSE:SNV) is very active today and traded between $2.45 - 2.55 with total traded volume of 7578984 shares. At a current price of 2.52, SNV is +0.08 - +3.28% from the previous close of $2.44. Moreover, At Current Market Price, SNV is in the distance of +5.61% from its 50-day Moving Average price of $2.3861 and +22.01% from its 200-day Moving Average price of $2.0653.

Can SNV Continue To Move Higher? Find Out Here

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