Eagle & Beagle for Feb. 16

Eagle & Beagle for Feb. 16
by Don Mecoy Published: February 14, 2014
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This week’s eagle is building quite a comfortable nest for investors’ eggs.

Gulfport Energy Corp., an Oklahoma City oil and natural gas firm, took a slight tumble at the beginning of the year. But GPOR shares have been on the road to recovery ever since.

Last week, the stock rose 7.77 percent to close at $63.91. GPOR showed some upward momentum throughout the week, and gapped higher at the opening of Friday’s trading.

The shares are within hailing distance of their 52-week high.

While you don’t want to put all your eggs in one basket, this nest seems like a nice fit for a few.

——

Earnings don’t always drive stock prices, but it’s the smart way to bet.

Last week, our eagle reported decreased profits for its latest quarter. In response, shares of Broken Arrow-based ADDvantage Technologies Group slid about 8 percent. That comes on the heels of the previous week’s 11 percent decline.

The stock closed Friday at $2.70.

The cable TV equipment firm recently sold off part of its firm that managers said was outside the company’s core business.

But while sales and profits fell in a quarter that the CEO described as “disappointing,” AEY continues to book profits quarter after quarter.


by Don Mecoy
Business Editor
Business Editor Don Mecoy has covered business news for more than a decade after earlier working on The Oklahoman's city, state and metro news desks, including a stint as city editor. He has won state and regional journalism awards for business,...
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Eagle & Beagle

Eagle

This week’s eagle is building quite a comfortable nest for investors’ eggs.

Gulfport Energy Corp., an Oklahoma City oil and natural gas firm, took a slight tumble at the beginning of the year. But GPOR shares have been on the road to recovery ever since.

Last week, the stock rose 7.77 percent to close at $63.91. GPOR showed some upward momentum throughout the week, and gapped higher at the opening of Friday’s trading.

The shares are within hailing distance of their 52-week high.

While you don’t want to put all your eggs in one basket, this nest seems like a nice fit for a few.

Beagle

Earnings don’t always drive stock prices, but it’s the smart way to bet.

Last week, our eagle reported decreased profits for its latest quarter. In response, shares of Broken Arrow-based ADDvantage Technologies Group slid about 8 percent. That comes on the heels of the previous week’s 11 percent decline.

The stock closed Friday at $2.70.

The cable TV equipment firm recently sold off part of its firm that managers said was outside the company’s core business.

But while sales and profits fell in a quarter that the CEO described as “disappointing,” AEY continues to book profits quarter after quarter.

Eagle & Beagle is a weekly look at the state’s high-performing (eagle) and low-performing (beagle) stocks by Business Editor Don Mecoy.

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