Friday’s Stocks to Watch: Microsoft, Sunpower

Sunpower shares jump on a merger deal

By Michael Goodman, Contributing Editor Apr 29, 2011, 9:44 am EDT

Here are a few stocks to keep on your radar:

  • Shares of Microsoft (NASDAQ:MSFT) slipped 1.9% in early Friday trading after the company beat Wall Street’s fiscal third-quarter profit and revenue expectations.
  • Sunpower (NASDAQ:SPWRA) shot more than 36% higher to $21.93 after news that Total (NYSE:TOT) will buy a 60% stake in the company for $23.25 a share.
  • Coinstar (NASDAQ:CSTR) shares jumped 10.5% after the company beat analysts’ first-quarter earnings expectations, said second-quarter profit would beat current estimates, and announced it would begin selling video games across the country this summer.
  • Netgear (NASDAQ:NTGR) rose more than 21% after the company beat Wall Street’s first-quarter earnings and revenue expectations.
  • Motorola Mobility (NYSE:MMI) shares climbed 7.5% after beating analysts’ earnings expectations late Thursday.

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