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PicksThatMove.com Announces Investment Opinion on Gold Wheaton Corporation, UAL Corporation, Comcast Corporation, CVS Caremark Corporation, and Manulife Financial Corporation

Business Wire
posted: 21 DAYS 6 HOURS AGO

PicksThatMove is pleased to bring investors special situation stocks which have a high potential for price appreciation. These companies have interesting business models and they have to execute on the business development level to bring value to shareholders. Some of our past picks had soared over 200%. To view some of our profiled stocks, please visit our website at www.picksthatmove.com.

At PicksThatMove, our team scours the technical and financials of hundreds of companies to identify those stocks showing the greatest potential for growth.

The investment opinions offered below and in this press release are provided by Nick Hunter, RIA, of PicksThatMove.com

Gold Wheaton Corporation (TSX-V: GLW), $0.295, +$0.010, 3.51%, is seeing heavy traffic today with a share price increase of slightly over 3%. GLW has signed a definitive agreement with First Uranium Corporation and its subsidiary Ezulwini Mining Company (EMC). Gold Wheaton will purchase 7% of the mine life of gold production from EMC’s mining right over the Ezulwini Mine, which covers an estimated area of 3,718 hectares, in South Africa. Under the terms of the Transaction, expected to close late November, Gold Wheaton will pay First Uranium US$50 million with future payments. Complete details are posted on the company’s website.

UAL Corporation (NASDAQ: UAUA), $6.985, +$0.465, 7.13%, owns and operates United Airlines, which is one of the largest airlines in the United States based on available seat miles, operating nearly 3,000 flights a day to more than 200 U.S. domestic and international destinations. UAL is getting attention today with gains of over 7% after it announced the launch of its first ever service to Africa in the year 2010. The flight will be from Washington to Accra, Ghana and Lagos, Nigeria. The airline will also extend its daily Washington-Kuwait flight to include Bahrain and will offer a new non-stop flight between Chicago and Brussels, Belgium. United Airlines will be flying in fashion as the company further announced today that designer Cynthia Rowley will be redesigning new uniforms for the flight crew.

Comcast Corporation (NASDAQ: CMCS.A), $14.57, +$0.37, 2.61%, is the largest cable operator in the U.S servicing more then 51 million homes. Comcast announced a 22.5% increase in third-quarter earnings with a reported net income of USD$944 million compared with USD$771 million for the same period last year. The revenue was up 3% to $8.802 billion, just a sliver short of the expected revenue of $8.850 billion. Comcast provides entertainment and communication services to residential and commercial customers, including video, high-speed Internet access and phone services.

CVS Caremark Corporation (NYSE: CVS), $29.70, +$0.83, 2.87%, is recognized as the largest provider of prescriptions in the U.S. The Company fills or manages more then 1 billion prescriptions annually. CVS announced yesterday that its Board of Directors has granted approval for a new share purchase program for up to $2.0 billion of its outstanding common stock. The share repurchase authorization, effective immediately and expiring at the end of 2011, allows the Company to initiate occasional repurchases through either open market repurchases, privately negotiated transaction and/or accelerated share repurchase transactions. CVS is presently trading at a $0.83 share price increase with 43.2 million shares traded.

Manulife Financial Corporation (TSX: MFC), $20.51, +$0.65, 3.27%, announced that its shareholders will receive a quarterly dividend of $0.13 for each common share of Manulife Financial, payable on and after December 21, to shareholders of record on November 17, 2009. The Board of Directors also declared the following dividends: Class A Shares Series 1 - $0.25625 per share; Class A Shares Series 2 - $0.29063 per share; Class A Shares Series 3 - $0.28125 per share; Class A Shares Series 4 - $0.4125 per share; Class 1 Shares Series 1 - $0.35 per share. Manulife Financial is making gains today of over $0.65 with 4.7 million shares traded. MFC is a Canadian-based financial services company assisting millions of customers in 22 countries and territories worldwide.

About Picksthatmove.com

PicksThatMove.com is an independent electronic publication that provides information on selected publicly traded companies. PicksThatMove.com is not a registered investment advisor or broker-dealer. PicksThatMove.com’s affiliates, offices, directors and employees may buy and sell shares in any company mentioned herein and may profit in the event those shares rise in value. Please follow us on Twitter and Facebook for up to the minute investment ideas. We recommend you do your own Due Diligence before investing in any of the stocks mentioned above.

Nick Hunter, RIA, of PicksThatMove is a member of the National Association of Securities Dealers, CRD number 2022366

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