Canadian Stocks Forecasts

Some of the stocks that may grab investor focus today are: Wall Street expects International Business Machines Corp (NYSE: IBM) to report its Q2 EPS at $3.03 on revenue of $25.35 billion. IBM shares gained 0.49% to $176.40 in after-hours trading. Analysts are expecting Charles Schwab Corporation (The) (NYSE: SCHW) to have earned $0.20 per share on revenue of $1.20 billion in the second quarter. SCHW shares rose 0.40% to $15.07 in the after-hours trading session. Activist investor Carl Icahn offered to buy Clorox Co (NYSE: CLX) for $76.50 per share in cash, representing a 12% premium to Thursday's closing price. CLX shares dropped 0.24% to $74.37 in after-hours trading. Analysts expect Halliburton Company (NYSE: HAL) to report its Q2 EPS at $0.73 on revenue of $5.69 billion. HAL shares climbed 0.79% to $53.50 in the after-hours trading session. Gannett Co Inc (NYSE: GCI) is projected to report its Q2 EPS at $0.57 on revenue of $1.33 billion.   

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to lowest): 1) BioSante Pharmaceuticals (NASDAQ: BPAX): Shares of BioSante hit a 52-week high of $3.84 in Monday's trading session. The stock closed at $3.62. The year-to-date performance of BioSante has been a gain of 198%. 2) Arch Chemicals (NYSE: ARJ): Shares of Arch Chemicals hit a 52-week high of $47.75 in Monday's trading session. The stock closed at $47.37. The year-to-date performance of Arch Chemicals has been a gain of 25.6%. 3) Coffee Holding (NASDAQ: JVA): Shares of Coffee Holding hit a 52-week high of $30.98 in Monday's trading session. The stock closed at $29.35. The year-to-date performance of Coffee Holding has been a gain of 693%. 4) Hansen Medical (NASDAQ: HNSN): Shares of Hansen Medical hit a 52-week high of $4.84 in Monday's trading session. The...