3 Heavily Traded Stocks To Buy, 2 To Avoid

By Larry Gellar I have identified five stocks that have been sparking high investor interest recently due to recent events impacting each company. While Corning (GLW), Huntington (HBAN) and EMC (EMC) are well positioned for dividend growth in the coming quarters, Sirius XM (SIRI) and Micron (MU) are two stocks that have been facing tough headwinds like disappointing revenues, a new CEO and a disrupted supply chain due to the recent flooding in Thailand. These developing stories are making investors uneasy about jumping into these companies. In this article, I will make recommendations to investors looking at these five candidates for investment based on the recent events impacting each company. Sirius XM Radio Inc. recently reported earnings for the fourth quarter – net income was $71.3 million, in line with Wall Street’s expectations, while revenue was a bit disappointing at $3.01 billion. Regardless, net subscriber additions were up 65% year-over-year to 542,996, and the company’s price increase in January doesn’t appear to be scaring away too many customers. On the other hand, I still find it hard to believe in the Sirius XM story. The current price to earnings ratio of 53.62 implies that Sirius XM still has an enormous…