New Stock Coverage: MusclePharm Can Bulk Up Your Portfolio


One day, the music will finally stop on Wall Street, but it was never going to happen in a week when Gordon Gekko officially turned into Liberace . The pianist, famous for saying "Too much of a good thing is wonderful," would certainly relate to the current over-the-top ebullience in equities. Dow Industrials (^DJI), now up four straight weeks, rose a further 1.56% to finish at fresh peaks. When Omaha's Oracle is downgraded even as Athens, of all places, is upgraded , that may eventually come to be seen as the moment Mr. Market lost his mind. For now, however, let's just sit back and marvel at an 83% five-session surge in National Bank of Greece ( NBG ) and a concurrent 13% jump in France's Compagnie Financière Richemont (OTCMKTS: CFRUY), which makes pricey Cartier watches it's a wonder any of the country's citizens can afford. With Europe now in its deepest economic debacle since the Second World War , the continent sensibly voted a song called Only Teardrops as its top of the pops on Saturday. That would surely be a more appropriate anthem than its current official ditty, Beethoven's Ode to Joy .

No top-tier economic data due today, but earnings announcements are expected out of Campbell Soup ( CPB ), Qihoo 360 Technology ( QIHU ), Ryanair (OTCMKTS: RYAAY), TiVo Inc. ( TIVO ), and Urban Outfitters ( URBN ).

Franklin Street Properties (FSP): FSP is a new Neutral at Bank of America-Merrill Lynch.

Homebuilders : M/I Homes (MHO) and Taylor Morrison Home (TMHC) are each picked up with an Overweight at JPMorgan.

Joe's Jeans (JOEZ): The stock is a new Neutral at B. Riley & Co., whose target price is $2.15.

Michael Kors (KORS): Canaccord Genuity covers the fashion firm at a Buy.

MusclePharm Corporation (OTCMKTS:MSLP): The maker of Amino 1, a hydration sports recovery drink, is begun with a Strong Buy and $16 price objective at Ascendiant Capital Markets. Product sales are approaching $100 million annually, and operating margins are poised to improve.

STMicroelectronics (STM): The semiconductor stock is trading 2.43% higher in London this morning after being assigned an Overweight at JPMorgan.

Student Transportation (STB): BMO Capital begins Market Perform-rated research on STB.

(See also: Stock Upgrades: Priceline Is Going Places and Stock Downgrades: Dunkin' Bull Run Done? )

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

This article appears in: Investing , Stocks

Referenced Stocks: CPB , NBG , QIHU , TIVO , URBN



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