Tesla Motors Takes a Breather: 6 Stocks in 60 Seconds

by Alyssa Oursler | May 15, 2013 8:04 am

Electronic Arts (NASDAQ:EA[1]) might have been recently dubbed the “Worst Company in America” for the second straight year, but it’s one of Wall Street’s best stocks in 2013[2]. It has gained more than 50% so far this year, including an 18% one-day jump last week when it forecast earnings of $1.20 per share for the coming fiscal year — a dime higher than the Street expected.

Teen retailer Zumiez (NASDAQ:ZUMZ[3]) has returned even more this year[4], quadrupling the S&P 500‘s solid performance with a 66% run. The company is slated to report earnings tomorrow, and the consensus estimate is for an EPS of 12 cents — a 14% drop year-over-year that should come despite a 13% expected gain in sales.

Next up, JPMorgan Chase (NYSE:JPM[5]) CEO and Chairman Jamie Dimon has said he would rather quit than have his two roles split; shareholders are scheduled to vote later this month at their annual meeting on whether the roles should be unlinked. InvestorPlace editor Jeff Reeves doesn’t think Dimon will go anywhere[6], though.

Japanese electronics maker Sony (NYSE:SNE[7]) made headlines (and a solid move north Tuesday) after billionaire hedge fund manager Daniel Loeb called for the company to spin off its electronics and entertainment businesses[8]. Loeb also revealed that his hedge fund has snagged a 6.5% stake in Sony, making it the largest shareholder.

Sprouts, a small-format organic grocer, filed for an IPO last week[9]. While the space is getting quite crowded — including players like Whole Foods Market (NASDAQ:WFM[10]), The Fresh Market (NASDAQ:TFM[11]), Natural Grocers by Village Cottage (NYSE:NGVC[12]) and more — Sprouts sets itself apart with a focus on value.

Lastly, electric-car maker Tesla Motors (NASDAQ:TSLA[13]) pulled back about 5% amid a breathtaking 150% year-to-date run, fueled in part by the company’s announcement of its first ever profit[14] — something InvestorPlace contributor Jim Woods was more than a little happy about[15].

Check out past “6 Stocks in 60 Seconds” clips here.[16]

For more videos — including exclusive access to full-length interviews and early access to weekly updates — like us on Facebook[17] or follow us on Twitter[18]. As of this writing, Alyssa Oursler did not hold a position in any of the aforementioned securities. Follow her on Twitter: @alyssaoursler[19].

Source URL: https://investorplace.com/2013/05/tesla-motors-takes-a-breather-6-stocks-in-60-seconds/

---