Morning Watch List: Gerdau S.A. (NYSE:GGB), J C Penney Company Inc (NYSE:JCP), Novatel Wireless Inc. (NASDAQ:MIFI), Oppenheimer Holdings (NYSE:OPY), Netlist (NASDAQ:NLST)

On Tuesday shares of Gerdau S.A. (NYSE:GGB) closed at $3.17. Company’s sales growth for last 5 years was -1.00% and EPS growth for next 5 years is recorded as 19.90%. Gerdau S.A. (NYSE:GGB) has earned a “BBB-” credit rating from Morningstar. The research firm’s “BBB-” rating suggests that the company is a moderate default risk. They also gave their stock a four star rating.

J C Penney Company Inc (NYSE:JCP) in last trading activity fell -4.41% to close at $8.88. Company weekly performance is 13.41% while its quarterly performance stands at 37.89%. J C Penney Company Inc (NYSE:JCP) is -21.42% away from its 52 week high. J C Penney Company Inc (NYSE:JCP) announced that they would be closing the Delaware County store this Saturday, along with 39 other stores across the country.

Novatel Wireless Inc. (NASDAQ:MIFI) on Tuesday closed at $5.29. Stock institutional ownership is 23.60% while insider ownership includes 31.40%. Novatel Wireless Inc. (NASDAQ:MIFI) distance from 50-day simple moving average (SMA50) is 5.44%. On 30 March, Novatel Wireless Inc. (NASDAQ:MIFI) said that, it has acquired Feeney Wireless for $25 million in a cash and stock deal.

Oppenheimer Holdings Inc. (NYSE:OPY) has 2.90% insider ownership while its institutional ownership stands at 42.30%. In last trading activity company’s stock closed at $23.10. Oppenheimer Holdings Inc. (NYSE:OPY) announced that Bryan E. McKigney will become its President, effective on April 15. He will be based out of Oppenheimer’s New York City headquarters.

On last trading day Netlist Inc. (NASDAQ:NLST) fell -2.39% to close at $0.61. Its volatility for the week is 9.80% while volatility for the month is 17.21%. NLST’s sales growth for past 5 years was 0.70% and its EPS growth for past 5 years was 10.20%. Netlist Inc. (NASDAQ:NLST) monthly performance is -57.09%. On 6 April, Netlist Inc. (NASDAQ:NLST) announced the introduction of its EXPRESSvault™ EV3 PCI Express® (PCIe®) 3.0 Non-volatile RAM (NVRAM), the newest product in its NVvault family. Netlist, a member of the Storage Networking Industry Association (SNIA), will demonstrate EXPRESSvault’s bandwidth and I/Os per second (IOPS) at the SNIA Data Storage Innovation Conference taking place this week in Santa Clara, CA.

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