International Paper (IP:NYSE) IP came in with a wonderful quarter and shares traded up over 2 percent on Thursday. IP is standing strong on it’s Temple Inland acquisition and investors seem to like old school stocks when the market is uncertain. IP is paying more than a 3% dividend and has nice support in the mid $26 range.

Research in Motion (RIMM:NASDAQ) Despite today’s nice rally, shares of RIMM were down a little less than 2 percent. Last week it looked like there was a chance for a bounce, especially with a gap to fill on the upside. However, it seems like the numerous downgrades on the stock are giving shorts the guts to short on strength.

The HIGHEST GAINING Penny Stock for Thursday, May 19, 2011 is…
245 emails were sorted, consolidated and added to the Rumble today. After careful consideration of the end of day data, looking at both dollar volume and percentage gain, we have made a decision on the winning penny stock of the day.

The winner for the day is:
Jammin Java Corp. (JAMN.OB)

Last Trade: $2.3000

Last Friday’s sell off from the morning highs was somewhat of a doozy. So here is our list of stocks to watch for Monday’s trading session. As usual, you will see different ideas, ranging from large caps to potentially hot penny stocks. The names are listed below: