Here are the stocks to keep on your radar Thursday:
- Shares of Weight Watchers (NYSE:WTW)�jumped�32% in early Thursday trading after the company blew away analysts’ fourth-quarter profit and revenue estimates. The company also guided the Street higher for its full-year 2011 earnings expectations.
- NetApp (NASDAQ:NTAP) was�9% lower after the company beat third-quarter earnings expectations late Wednesday, but missed with its fourth-quarter forecast. The stock was downgraded to neutral from overweight by Piper Jaffray.
- CBS (NYSE:CBS) shares added�nearly 3% to $21.48�after the company beat fourth-quarter estimates late Wednesday. Wedbush raised its price target on the stock to $21 from $19.
- Williams Cos. (NYSE:WMB) was�10% higher after a slew of news. After Wednesday’s closing bell, the company said it plans to pursue splitting into two separate public companies, spinning off its production and exploration business with an IPO in the third quarter. The company also boosted its quarterly dividend by 20%, and, for a kicker, it beat fourth-quarter earnings estimates early Thursday.
- Timberland (NYSE:TBL) shares�shot nearly 23% higher�after the company beat fourth-quarter estimates on the strength of global footwear revenue, which rose more than 31%.