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Worth Watching Stocks – Gray Television Inc (NYSE:GTN), TASER International Inc (NASDAQ:TASR), Tegna Inc (NYSE:TGNA)

Stocks posted solid gains in a quiet session Wednesday, helped by advances in health care and industrial companies.

Without any major economic reports to work with, trading was lighter than usual. Many investors remain on the sidelines ahead of today’s release of minutes from the Federal Reserve’s latest policy meeting and the start of corporate earnings season.

The Dow Jones industrial average rose 122.10 points, or 0.7 percent, to 16,912.29. The Standard & Poor’s 500 index added 15.91 points, or 0.8 percent, to 1,995.83 and the Nasdaq composite rose 42.79 points, or 0.9 percent, to 4,791.15.

“If you get a big name or two coming out with a bad earnings report or bad outlook, we are at a precarious enough point in the market where that could send things back down,” said Ms. Ellison of Bingham, Osborn.

Energy stocks in the S&P 500 rose 1.3%, adding to their rally this month as U.S. oil prices have advanced. Still, for the year, those stocks have fallen 15%.

“The energy sector rallied drastically over the past few days, spreading optimism to broader markets and it’s not surprising to see some consolidation after big gains,” said Brian Fenske, head of sales trading at ITG.

Fenske said gains over the past week had more to do with the unwinding of bearish positions in the energy sector.

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Gray Television, Inc. (NYSE:GTN) showed bullish movement during previous trade, has ended its day with a gain of 7.00% to $14.37, after opening at $13.49. A total of 1.03 million shares was exchanged during its last trading session, as compared to its average volume of 1.18 million shares. During the previous session, the company’s minimum price was $13.49, while it touched its highest price for the day at $14.40. Its earnings per share was $1.04. Gray Television, Inc. (NYSE:GTN) reported that it has reached agreements to sell television stations in three markets to facilitate regulatory approvals for its recently announced acquisition of the television and radio stations owned by Schurz Communications, Inc. (“Schurz”).  Gray also announced the acquisition of three additional television stations that will result in Gray operating in one additional market.  Upon the closing of all previously announced transactions, Gray will own and/or operate network affiliated television stations serving 50 markets across the country.

Why Should Investors Buy GTN After The Recent Gain? Just Go Here and Find Out

TASER International, Inc. (NASDAQ:TASR) moved 7.05% up during prior trade and closed at the price of $25.66, after opening at $24.24. Stock traded during its last trading session with the total volume of 2.64 million shares, as compared to its average volume of 1.36 million shares. During the previous session, the company’s minimum price was $24.13, while it touched its highest price for the day at $25.73. The beta value for this stock stands at 0.22 points, while its earnings per share (EPS) was $0.48. TASER International, Inc. (NASDAQ:TASR) proclaimed that the third quarter 2015 earnings call is scheduled for Tuesday, November 3, 2015.  A conference call is scheduled at 10:00 a.m. ET to review the third quarter financial results.  The earnings press release will go live at 6:00 a.m. ET on November 3, 2015.  TASER CEO Rick Smith, President Luke Larson and CFO Dan Behrendt will host the webcast.  The Company has chosen to delay its earnings release by a few days this period in comparison to prior periods due to the timing of the International Association of Chiefs of Police annual conference this year.

For How Long TASR Gloss will Attract Investors? Find out via this report

Tegna Inc (NYSE:TGNA) showed a bullish trend during the previous trading session, reported the increase of 7.07%, to close at $25.59, and exchange hands with the overall traded volume of 2.92 million shares. During last trade, the company’s minimum price was $23.95, while it touched its highest price of $25.60. Its market capitalization was $5.41 billion. Its beta value stands at 1.81 times and its earnings per share (EPS) was $4.42. The company has the total of 226.47 million outstanding shares. Tegna Inc (NYSE:TGNA)  unveiled that it will host its third-quarter 2015 earnings conference call with financial analysts on Tuesday, October 20 at 10:00 a.m. (ET). The call will be accessible live to the media and general public via webcast and through a limited number of dial-in conference lines. TEGNA’s earnings announcement will be released to news outlets and wire services before the market opens on October 20. Materials related to the call will be available at that time through the Investor Relations section of TEGNA’s Web site, investors.TEGNA.com.

For How Long TGNA will Fight for Profitability? Read This Trend Analysis report

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