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Saturday, October 30, 2010

DreamWorks Animation's Q3: Buy on the Numbers?

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DreamWorks Animation (DWA) reported third-quarter earnings earlier in the week. It's one of those fun stocks that investors like to check out (I like checking it out, at least). I'm sure a lot of market participants would love to find an excuse to add the stock to a trading portfolio, mostly because the idea that it will be purchased by some bigger entity is perhaps too big to ignore.



At the time of this writing, shares were exchanging hands at a quote of $35.23, which meant that they were down less than 1%. The 52-week low is $26.61 while the 52-week high is $44.77. As the one-year chart shows, the technical story is not as attractive as the computer-generated images produced by the company.

Continue reading DreamWorks Animation's Q3: Buy on the Numbers?

DreamWorks Animation's Q3: Buy on the Numbers? originally appeared on BloggingStocks on Fri, 29 Oct 2010 15:15:00 EST. Please see our terms for use of feeds.

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