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Trader`s Favorite Stocks: Citigroup Inc., Micron, BAC, Intel Corporation

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(EMAILWIRE.COM, October 11, 2010 ) New York, New York -Citigroup Inc. (NYSE:C) slid 0.72% to $4.16 on over 150.30 million shares. Last week, the company announced the closing of the sale of $1.6 billion in managed assets, part of its U.S. retail sales finance portfolios, to GE Capital. The assets were part of Citi Holdings. Terms of the deal, which has received regulatory approval, were not disclosed.

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In the past six months of trading sessions, the stock went down more than 8%. The 52-week range of the stock is $3.11-$5.07.

Micron Technology, Inc. (NASDAQ:MU) jumped 1.19% to $7.68 on over 6.47 million shares. Last week, the company said that it swung to a fiscal fourth-quarter profit of $342 million, or 32 cents a share. In the year-ago period, the company lost $100 million, or 12 cents a share.

Revenue was $2.49 billion, up from $1.3 billion. Analysts had expected earnings of 39 cents a share on revenue of $2.66 billion, according to a consensus survey by Thomson Reuters.

Over the past one month of trading sessions, the stock went up more than 18%.

Bank of America Corporation (NYSE:BAC) added 0.23% to $13.21 on over 30.74 million shares. Bank of America Corporation is a bank holding company, and a financial holding company. The Company is a financial institution, serving individual consumers, small and middle market businesses, large corporations and governments with a range of banking, investing, asset management and other financial and risk management products and services.

Over the past 52-week, the stock traded within the range of $12.18-$19.86. In the past one month of trading sessions, the stock went down more than 2%.

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Shares of Intel Corporation (NASDAQ:INTC) is trading 1.02% higher at $19.72 on over 12.20 million shares. The company is scheduled to report third-quarter results on Tuesday. Analysts are expecting Intel to report earnings of 50 cents a share, on revenue of $11 billion, according to a consensus survey by Thomson Reuters.

For the year-earlier period, Intel had reported earnings 33 cents a share, on revenue of $9.4 billion.

Over the past six months of trading sessions, the stock fell more than 12%. At current market price, the market capitalization of the company stands at $109.75 billion.

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