Market Wrap-Up for Apr.12 (CAT, STT, COF, BTU, WY, ACI, more)

Filed in Gold, Gold Investment, shares, upgrade by on April 12, 2010 0 Comments

Everyone in the media seems to love asking the “What’s Next?” question to many of our influential colleagues that savor the media spotlight. The truth is no one will even know, but the best thing we can do is deal with what is currently going on and dealing with the stocks that are currently in one’s portfolio. This is what we do at each day, while we absorb the daily business stories that come our way and affect the names we monitor. We will continue to watch out for key data and price action that could affect our current recommendations. We’ll be sure to keep subscribers alerted to any changes we make. As for today’s action, we saw a slow move higher, with names like Caterpillar ( CAT ) and Joy Global ( JOYG ) enjoying up moves on the back of positive calls from Wall Street analysts. Speaking of upgrades, we noticed a deluge of positive calls as more analysts jumped in on the bullish side. Commodity-related plays were up fairly well, with Peabody Energy ( BTU ) and Arch Coal ( ACI ) outperforming other names. Other winners so far include State Street ( STT ) , Capital One Financial ( COF ) and Chevron ( CVX ) . On the downside, following a negative Wall Street analyst call were shares of Weyerhaeuser ( WY ) . Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Market Wrap-Up for Apr.12 (CAT, STT, COF, BTU, WY, ACI, more)

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