Alcatel Lucent SA (ADR) (NYSE: ALU), a France-based company providing networking and communications technology, products and services to service providers, enterprises and governments worldwide, is soaring in mid-day trading today, extending its gains for the week.
ALU has been gaining momentum after a rating upgrade from UBS. Analysts at UBS upgraded ALU to Neutral. Credit Suisse analysts also upgraded the stock to a Neutral rating this week. The rating upgrades have come after ALU last month secured access to 6 billion euros of debt financing.
ALU is currently trading 8.77% higher at $1.59 on volume of 20.38 million, which is close to the daily average volume of 20.86 million. ALU has gained more than 16% this week. In the last one month, the stock has gained more than 35%.
Quiksilver Inc. (NYSE: ZQK), a diversified company engaged in the designing, development and distribution of branded apparel, footwear, accessories and related products, is up sharply in mid-day trading today, extending its gains from the previous trading sessions. ZQK has finished higher in each of the previous five trading sessions.
ZQK has been gaining momentum after the company this week announced the appointment of Andy Mooney as President and CEO, effective January 11, 2013. The stock is soaring today after analysts at Goldman Sachs raised their rating on the stock from Neutral to Buy. ZQK was trading 8.61% higher at $4.92 on volume of 1.94 million, which is well above the daily average volume of 1.39 million.
Find out where ZQK could be headed in the upcoming trading sessions by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=ZQK
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