Stocks to Watch: Coca-Cola, Cisco and More ...
Stocks continued to trade mixed after news that sales of new homes rose at a slower pace than expected and consumer sentiment was strong in December.
The market already was absorbing a slew of economic reports largely in line with expectations were released, including news that durable goods orders, excluding transportation, were up strongly, and jobless claims dropped by 3,000.
The Dow Jones Industrial Averagerose a few points after rising modestly Wednesdayto another two-year high.
So which individual stocks are worth watching today? Here are six that are on the move: So which stocks are worth watching today?
The soft drinks company was trading at levels not seen since January 2000.
Cisco Systems Inc
The telecommunications manufacturer's 2011 estimates and price target lowered to $21.50 from 25 dollars at UBS.
Devon Energy Corp
The energy company was trading at levels not seen since November 2008. The shares were up more than 1% Thursday.
Brookline Bancorp Inc
The bank was downgraded to neutral from buy at Sterne Agee.
Estee Lauder Companies Inc
The personal products manufacturer was trading at all-time high levels Thursday morning.
Hovnanian Enterprises Inc
The home construction company was downgraded to underperform from buy at Bank of America Merrill Lynch.
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