Saturday, September 20, 2014

Last Week's Biggest Stock Movers: Keep an Eye on the Cameras

www.gopro.com Plenty of stocks go up and down in any given week. The gainers inspire us to keep investing. The decliners keep greed in check while reminding us about the risks of the equity markets. Let's go over some of last week's best and worst performers. TubeMogul (TUBE) -- Up 47 percent last week The biggest winner among Nasdaq-listed stocks was TubeMogul, surprising the market with a profit in its first quarter as a public company. TubeMogul is trying to raise the bar when it comes to online video advertising, and its first time out with fresh financials is impressive. Revenue more than doubled, and TubeMogul's profit of 4 cents a share flabbergasted the pros, who were bracing for a deficit of 15 cents a share. Its guidance suggests that TubeMogul will revert back to a deficit during the next two quarters, but the market was still impressed by the healthy revenue and ad spend growth in its outlook for the balance of the year. GoPro (GPRO) -- Up 20 percent last week The leading maker of wearable cameras is going to the dogs. GoPro moved higher after introducing a new canine camera harness. GoPro's Fetch is a harness that offers a pair of mount locations for GoPro's high-def HERO cameras. The adjustable mount can be worn by dogs as small as 15 pounds, but it remains to be seen if PETA and other animal activists object to having cameras mounted on canines in the first place. Mobileye (MBLY) -- Up 15 percent last week Self-driving cars may be closer than we think. Shares of Mobileye -- a Jerusalem-based leader in camera-based advanced driver assistance systems, moved higher after analysts initiated coverage with favorable ratings. Barclays Capital (BCS), Citigroup (C), Morgan Stanley (JPM) and Robert W. Baird were among the analysts chiming in on the recently public company with upbeat outlooks. Mobileye's cameras make cars smarter, bringing us one step closer to automobiles that drive themselves. Smith & Wesson (SWHC) -- Down 15 percent last week The gun maker was firing blanks last week after posting a problematic quarterly report. Revenue plunged 23 percent, but inventory levels soared 60 percent. A glut of unsold weaponry is only going to add to the industry's cutthroat ways. Making matters worse, Smith & Wesson revised its full-year profit outlook sharply lower. Noodles & Co. (NDLS) -- Down 10 percent last week One of last year's hottest initial public offerings continues to come undone in 2014. The fast-casual chain of pasta-boiling eateries slumped after being called out not once -- but twice -- on CNBC. Jim Cramer was the first to diss Noodles & Co., singling it out on Monday's "Mad Money" show as one of five restaurant stocks that could give investors indigestion. Cramer feels that until same-store sales turn the corner, expansion is not in its best interest. "Fast Money" followed a day later, with Stephen Weiss suggesting that viewers sell the stock. GrubHub (GRUB) -- Down 10 percent last week The market was hungry for GrubHub earlier this year, but it's not really interested in going for seconds. Shares of the restaurant delivery platform stumbled after the company announced that it will sell 10 millions shares in a secondary offering. Underwriters are relaxing lock-up restrictions to allow insiders to unload some of their shares. GrubHub went public in April at $26 a share. The stock has moved sharply higher since the IPO, but secondary offerings this soon after going public often give the impression that insiders think the stock is peaking. More from Rick Aristotle Munarriz
•4 Familiar Stocks You Wouldn't Expect to Have High Yields •Wall Street This Week: Building, Furnishing Your Home •5 Dates for Savvy Investors to Circle in September

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