Long Island stocks on move
Here are two Long Island companies whose stocks moved significantly during the week ending Oct. 8, 2010.
Comtech
(CMTL)
Melville
$29.64 (week's change: +7.8%)
52-week return: -8.2%
Three officers of the satellite communications company bought about $277,000 of CMTL stock on the open market last week. Investors typically see insider buys as a bullish sign.
Kimco Realty
(KIM)
New Hyde Park
$16.82 (week's change: +6.5%)
52-week return: +38.2%
Shares of the owner of community shopping centers had their best week since July on indications the commercial real estate market has improved since the second quarter.
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