Active Stocks to Watch in the Pre-Market: LOW, F, MSFT, GOOG, RIMM

After a euphoric week on Wall Street investors should be wary of any hangover that pops up going into the new trading week. Stocks gave up their rally late Friday to end mostly flat. After a relatively week jobs reports it appears economic headwinds remain. Investors should watch for news out of Europe as they continue to address sovereign debt concerns that have reached the EU core.

Stocks to watch in pre-market trading include Lowe’s Companies Inc. (NYSE:LOW), Ford Motor Company (NYSE:F), Microsoft Corporation (NASDAQ:MSFT), Google Inc. (NASDAQ:GOOG) and Research In Motion Limited (NASDAQ:RIMM)

Lowe’s Companies Inc. (NYSE:LOW) closed Friday up 1.84% at $24.31. LOW finished last week up nearly $1.50 after opening the week at around $23 a share. LOW stock traded 19.2 million shares on Friday, 3.2 million shares more than its daily average volume. Lowe’s is holding an investor and analysts conference on Tuesday and reports are the company will talk about how its been turning things around. Following the close on Friday, Lowe’s has a market cap of 30.63 billion.

Ford Motor Company (NYSE:F) closed up nearly 3% on Friday at $10.90. Friday’s move capped a 90 cent per share rally during the week. Volume on Friday was slightly above average with Ford shares trading over 67 million shares, up from an average of 61 million shares. Ford’s rally was boosted company sales reports that saw a 20% increase in retail sales in November. The company has a market cap of 41.42 billion.

Microsoft Corporation (NASDAQ:MSFT) finished last week slightly lower at $25.22, a loss of 0.24%. For the week, Microsoft closed $0.40 higher than were it started. MSFT traded average volume on Friday with 52.2 million shares traded, just below the 56 million shares a day the stock trades on average. Microsoft has a market cap of 212.16 billion.

Google Inc. (NASDAQ:GOOG) capped a week-long rally by finishing up just over 1% at $620.36. GOOG traded heavily on Friday with over 4 million shares changing hands. Google’s recently announced deal to rent movies via YouTube and expected ad revenue growth during the holidays should work in the stock’s favor as it continues to rally into the holiday season. The company has also begun to ramp up marketing efforts for its new product offerings and to solidify its market share in search and the Bing-Yahoo search merger completes.

Research In Motion Limited (NASDAQ:RIMM) closed Friday down 9.74% at $16.77. RIMM fell after the company announced a $485 million write down on the company’s Playbook tablet. Sales of the Playbook tablet have been very poor this year and Research In Motion is having a big promotion with heavily marked down prices to move inventory. RIMM traded 60 million shares on Friday, more than double its daily average volume of 23.2 million shares. The company has a market cap of 8.73 billion.

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The owner of Active Investor, the Editor-in-Chief is the man in charge. With his expertise in the currency market, his political science background gives him the expertise to comment on the political wranglings effect on the broader market.
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