MomentumHunter.com

MomentumHunter.com

May 10, 2011 12:56 ET

Hot Stocks to Watch: CKX Inc., Fossil Inc., Dean Foods, Globecomm Systems, Sirius, Intel, Level 3 Communications

DOVER, DELAWARE--(Marketwire - May 10, 2011) -MomentumHunter.com is a premier source for microcap research - providing a wide range of due diligence and investment insight on stocks all over the market. MomentumHunter.com Investment Report primary focus is to alert our valued subscribers to small cap and microcap companies poised for explosive movement in the market. As every investor knows, timing in the market is critical! To receive our FREE comprehensive newsletter, please visit MomentumHunter.com.

Today MomentumHunter.com announces seven stocks to watch closely: CKX Inc. (CKXE), Fossil Inc. (FOSL), Globecomm Systems (NASDAQ:GCOM), Sirius (SIRI), Intel (INTC), Level 3 Communications (LVLT), Dean Foods (DF).

Globecomm Systems (GCOM) announced its quarterly results on Monday. The company reported $0.15 earnings per share for the quarter, beating the Thomson Reuters consensus estimate of $0.14 by $0.01. During the same quarter in 2010, the company posted $0.09 earnings per share. The company's quarterly revenue was up 18.40% on a year-over-year basis.

Globecomm Systems (GCOM) recently hit a 52 week high of $14.51. The stock's 50-day moving average is $12.87 and its 200-day moving average is $10.39. The company has a market cap of $284.3 million and a price-to-earnings ratio of 30.02.

Globecomm Systems Inc. (Globecomm) provides satellite-based managed network solutions. The Company offers a range of system integration, system products and network services for its customers. It provides end-to-end satellite-based communications solutions. It supplies infrastructure solutions for satellite-based communications, including hardware and software to support a range of satellite systems. GCOM's wholly owned subsidiaries Globecomm Network Services Corporation, Globecomm Services Maryland LLC, Cachendo LLC, B.V. Mach 6, Telaurus Communications LLC, Melat Networks Inc., Evolution Communications Group Limited B.V.I., Carrier to Carrier Telecom B.V. (C2C) and Evosat SA Proprietary Ltd provide satellite communication services capabilities. It provides customers managed access services to the United States Internet backbone, video content and the public switched telephone network. On March 5, 2010, it completed the acquisition of C2C and Evocomm. GCOM recently announced the acquisition of ComSource.

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