While overall stock valuations aren’t much more attractive than bonds, some areas like technology are appealing, Rob Morgan, president of Dearden, Maguire, Weaver and Barrett, said on CNBC Tuesday.
Seems the substitute teacher is out, and the regular teacher is back in the classroom, at least if you believe the Wall Street Journal in a fascinating glimpse into how Infinite Loop is operating nowadays.
First, there were allegations that Apple and a host of other tech companies were colluding to prevent competitors from poaching each others workforce, so-called poaching of the payroll. That spawned a Justice Department investigation.
The build up to yesterday's board of directors meeting at Apple was pretty significant. Fifty articles or so mentioned that the group was meeting, and topping the agenda would be the discussion of a possible replacement to Google CEO Eric Schmidt, who announced his resignation from the board just a few weeks ago.
Western Digital saw heavy trading in both stock and options yesterday ahead of its earnings report after the market closes today.
IBM and Google reported earnings that beat analysts’ forecasts on Thursday. But should investors buy them? Analysts Robert Cihra and Clayton Moran shared their insights.
Intel's earnings results have set the state for the next leg of the chip rally, said Craig Berger, senior technology analyst at FBR Capital Markets — but he says investors can do better.