Here are the stocks to keep on your radar Tuesday:
- Organic foods maker Hain Celestial (NASDAQ:HAIN) was nearly 4% higher on Tuesday after the company’s CEO, Irwin Simon, appeared on CNBC’s Mad Money with host Jim Cramer on Monday. The host ultimately said the company’s market cap should be twice what it is, and that it’s one of the best ways to play the public’s move toward eating healthier.
- Shares of RehabCare (NYSE:RHB) jumped 43% higher after an announcement Tuesday that the company would be acquired by Kindred Healthcare (NYSE:KND) in a cash and stock deal worth about $1.3 billion. RehabCare also announced fourth-quarter earnings that beat analysts’ profit estimates but missed the Street’s top-line expectations. Kindred shares were up more than 22%.
- Avon (NYSE:AVP) shares were off more than 6% in early Tuesday trading after the company missed fourth-quarter earnings and revenue expectations. The company’s sales grew only 1.3% to $3.18 billion — below the $3.28 billion analysts were expecting.
- Shares of transportation battery maker Exide Tech (NASDAQ:XIDE) jumped nearly 14% following news late Monday that the company blew past analysts fourth-quarter earnings and revenue estimates. Exide’s top line rose 7.2% to $800.3 million, compared with expectations of $752 million.
- Closeout retailer Big Lots (NYSE:BIG) was off 1.1% Tuesday after a Bloomberg TV report last Monday that the company would explore options for its business, including a possible sale. On Tuesday, Soleil downgraded the stock to hold from buy.
