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Momentum Stocks: Celgene Corporation (NASDAQ:CELG), Cytokinetics, Incorporated (NASDAQ:CYTK), General Motors Company (NYSE:GM), Telephone & Data Systems Inc. (NYSE:TDS), Media General (NYSE:MEG) - Property Mentor Group

Momentum Stocks: Celgene Corporation (NASDAQ:CELG), Cytokinetics, Incorporated (NASDAQ:CYTK), General Motors Company (NYSE:GM), Telephone & Data Systems Inc. (NYSE:TDS), Media General (NYSE:MEG)


On Friday shares of Celgene Corporation (NASDAQ:CELG) closed at $110.55. Company’s sales growth for last 5 years was 23.30% and EPS growth for next 5 years is recorded as 25.46%. Celgene Corp (NASDAQ:CELG) reported net product sales of $2,055 million for the first quarter of 2015. Net product sales grew 20 percent from the same period in 2014 with operational growth of 22 percent. The negative net impact of currency on net product sales was 2 percent. First quarter total revenue increased 20 percent to $2,081 million compared to $1,730 million in the first quarter of 2014.

Cytokinetics, Incorporated (NASDAQ:CYTK) in last trading activity moved down -10.17% to close at $5.65. Company weekly performance is -22.07% while its quarterly performance stands at -20.31%. Cytokinetics, Incorporated (NASDAQ:CYTK) is -34.38% away from its 52 week high. Zacks has also taken action a number of other stocks recently. The firm downgraded shares of Cytokinetics, Incorporated (NASDAQ:CYTK) from a buy rating to a hold rating.

General Motors Company (NYSE:GM) has 0.10% insider ownership while its institutional ownership stands at 68.80%. In last trading activity company’s stock closed at $35.42. General Motors Company (NYSE:GM) Korea said Monday that it will launch the next generation Chevrolet Volt here in 2016. The car is an extended range electric vehicle that can go up to 80 kilometers using its battery and up to 676 kilometers combined with a single charge and gasoline fill up.

Telephone & Data Systems Inc. (NYSE:TDS) has 0.70% insider ownership while its institutional ownership stands at 86.90%. In last trading activity company’s stock closed at $28.81. Telephone and Data Systems, Inc. (TDI, TDS) reported first-quarter net income available to common shareholders of $145.7 million or $1.33 per share, compared to $18.2 million or $0.16 per share, prior year. Revenue increased to $1.25 billion from $1.20 billion last year. Analysts polled by Thomson Reuters expected revenue of $1.30 billion for the quarter.

On last trading day Media General, Inc. (NYSE:MEG) moved down -0.12% to close at $16.87. Its volatility for the week is 2.47% while volatility for the month is 2.57%. MEG’s sales growth for past 5 years was 0.50% and its EPS growth for past 5 years was 18.00%. Media General, Inc. (NYSE:MEG) monthly performance is -1.35%. Media General, Inc. (NYSE:MEG) will report its first quarter 2015 earnings results before the market opens on May 7, 2015. The Company will host a conference call to discuss the earnings release that morning at 9:00 a.m. (ET).


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