Penny Stock Chaser Announces Investment Opinion on Citizens Republic Bancorp Inc., The Colonial BancGroup., Trinity Industries Inc., The PMI Group Inc. and Applied Materials Inc.

Mon Jul 13, 2009 1:23pm EDT
 
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NEWARK, Del.--(Business Wire)--
U.S. stocks rose as Dow Jones Industrial Average was up 131 points to 8278, S&P
500 gained 15 points to 894 and the Nasdaq Composite climbed 23 points to 1779. 

Every trading day our team at Penny Stock Chaser looks through thousands of
stocks to identify those that are poised and ready to move up. Penny Stock
Chaser presents midday movers: Citizens Republic Bancorp Inc. (NASDAQ:CRBC), The
Colonial BancGroup. (NYSE:CNB), Trinity Industries Inc. (NYSE:TRN), The PMI
Group Inc. (NYSE:PMI) and Applied Materials Inc. (NASDAQ:AMAT). 

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The following stocks are expected to go higher: 

Citizens Republic Bancorp Inc. (NASDAQ:CRBC) is a bank holding company that
provides a banking and financial services to individuals and businesses.
Citizens is the largest bank holding company headquartered in Michigan. CRBC
jumped 22% to 0.67. 

The Colonial BancGroup. (NYSE:CNB) is a bank holding company incorporated in
Delaware. BancGroup operates 352 branches in Florida, Alabama, Georgia, Nevada
and Texas with approximately $26 billion in assets. The main activity of
BancGroup is to supervise and coordinate the business of its subsidiaries and to
provide them with capital and services. Today the CNB shares surged 17% to 0.59
on no news. 

Trinity Industries Inc. (NYSE:TRN) is specializing in manufacturing and selling
railcars and railcar parts, inland barges, concrete and aggregates, asphalt,
highway products, beams and girders used in highway construction, tank
containers, a variety of steel parts, and structural wind towers. TRN shares
moved up 12% to $13.42. 

The PMI Group Inc. (NYSE:PMI) moved up 15% to $1.57 on no news. PMI provides
residential mortgage insurance products designed to promote homeownership and
strengthen communities. Through its wholly and partially owned subsidiaries, PMI
offers residential mortgage insurance and credit enhancement products. 

Applied Materials Inc. (NASDAQ:AMAT) gained 2% $11.31 top as the Company
introduced its Applied SmartMove(TM) system, the semiconductor industry's first
comprehensive wafer management solution for non-automated 200mm and 300mm fabs.
Applied is the global leader in Nanomanufacturing Technology solution that
develops, manufactures, markets and services integrated circuit fabrication
equipment for the worldwide semiconductor and semiconductor-related industry. 

About PennyStockChaser.com 

PennyStockChaser.com is an independent electronic publication that provides
information on selected publicly traded companies. PennyStockChaser.com is not a
registered investment advisor or broker-dealer. PennyStockChaser.com's
affiliates, officers, directors and employees may buy and sell shares in any
company mentioned herein and may profit in the event those shares rise in value.
Please do your own Due Diligence before investing in any of the stocks mentioned
above. 

Michael Scott Jacobs, CFA, of PennyStockChaser.com is a member of the National
Association of Securities Dealers, CRD number 1818665. 







PennyStockChaser.com
Mike Schonberg, 1-866-469-8524
editorial@pennystockchaser.com
http://www.pennystockchaser.com/

Copyright Business Wire 2009

 

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