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Thursday, March 22, 2012

Dollar Goes To New High ( DS, LULU, MSFT, FFIV, MAKO )

Dollar General Hits All Time High (DG, LULU, MSFT, FFIV, MAKO)

Dollar General Corp.(NYSE:DG) shares are surging over 3.30% to $46.23 after hitting an all-time high of $46.95 earlier in the session following solid fourth quarter results due to holiday session. The company earned $292.5 million, or 85 cents a share, up from a year ago profit $222.5 million, or 64 cents a share. On an adjusted basis the company earned 87 cents a share, topping analysts’ estimates by 5 cents. Revenue during the quarter grew 20.10% year-over-year to $4.19 billion, while analysts expected $4.11 billion. The company said that same-store sales would rise 3 percent to 5 percent this year and total sales would rise 8 percent to 9 percent. It projects earnings per share of $2.65 to $2.75, up from $2.22 last year, compared to analysts’ target of $2.71 a share.

Lululemon Athletica inc.(NASDAQ:LULU) shares are trading flat after surging to an all time high of $74.75 earlier in the session. The company reported higher than estimated fourth quarter earnings, but guides below street’s estimates t for the first quarter, and for the full-year 2012. The company earned $73.52 million or $0.51 a share on revenue of $371.5 million, ahead of analysts’ estimates of 49 cents a share on revenue of $362.42 million. The company projects to earn $0.28 to $0.29 on revenue of $265 million and $270 million in the current quarter and $1.50 to $1.57 on revenue of $1.3 billion and $1.325 billion for FY2012.

Microsoft Corporation(NASDAQ:MSFT) shares are trading higher by 0.22% to $31.98 after analyst at Morgan Stanley lifted its price target on the stock $37, while maintaining its “Overweight” rating. Morgan Stanley also boosted its earnings estimates for the company through 2014, noting its new Office product should help drive earnings growth.

F5 Networks, Inc.(NASDAQ:FFIV) analyst at Nomura Equity Research started coverage on the stock with a Neutral rating, citing some “red flags” to watch out for. Jeffrey thinks the company’s “application delivery controller,” or ADC, market “remains compelling, propelled by trends such as the rise in data traffic, data center consolidation, and new features F5 is building into the product. 

MAKO Surgical Corp.(NASDAQ:MAKO) continued to move higher and added another 1% to $43.79, extending its weekly gain to over 14% and made an all-time high of $44.55 recently. Over the past one year, the stock has more than doubled.

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