Stocks to Watch Wednesday
Warning that selling in the stock was "overdone", Goldman Sachs (NYSE:GS) suggested that Apple (NasdaqGS:AAPL) should reach $145 per share over the intermediate term. The Short Term PowerRating for GS is 5. The Short Term PowerRating for AAPL is 7.
Representative of the bullishness in tech stocks on Tuesday, Research in Motion (NasdaqGS:RIMM) gained more than 10%, largely retracing Monday's losses. The Short Term PowerRating for RIMM is 7.
Gapping down more than 9 points on the open, shares of Wachovia (NYSE:WB) nevertheless rallied all day on Tuesday, finishing the session up more than 90%. The Short Term PowerRating for WB is 6.
Huntsman (NYSE:HUN) soared by more than 70% on news that a judge had ordered Hexion Specialty Chemical Company to honor a $6.5 billion buyout agreement to purchase the chemical company. The Short Term PowerRating for HUN is 4.
Bank of America (NYSE:BAC) was one of the few Dow stocks to have a positive September. BAC was up more than 15% on Tuesday. The Short Term PowerRating for BAC is 4.
Shares of Sovereign Bank (NYSE:SOV) soared by more than 80% on news that the savings and loan was replacing its CEO. The Short Term PowerRating for SOV is 5.
Representative of the bullishness in tech stocks on Tuesday, Research in Motion (NasdaqGS:RIMM) gained more than 10%, largely retracing Monday's losses. The Short Term PowerRating for RIMM is 7.
Gapping down more than 9 points on the open, shares of Wachovia (NYSE:WB) nevertheless rallied all day on Tuesday, finishing the session up more than 90%. The Short Term PowerRating for WB is 6.
Huntsman (NYSE:HUN) soared by more than 70% on news that a judge had ordered Hexion Specialty Chemical Company to honor a $6.5 billion buyout agreement to purchase the chemical company. The Short Term PowerRating for HUN is 4.
Bank of America (NYSE:BAC) was one of the few Dow stocks to have a positive September. BAC was up more than 15% on Tuesday. The Short Term PowerRating for BAC is 4.
Shares of Sovereign Bank (NYSE:SOV) soared by more than 80% on news that the savings and loan was replacing its CEO. The Short Term PowerRating for SOV is 5.
Labels: APPL, Apple Inc., BAC, Goldman Sachs Group Inc., GS, HUN, RIMM, SOV, Stocks to Watch, Wachovia, WB
posted by Stock Administrator @ 1:55 PM
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