Stocks to Watch: General Motors, Jabil Circuit and More ...
Stocks on Tuesday struggled to climb into positive territory after the markets got a weaker-than-expected consumer confidence number.
Where economists expected a 56, the Conference Board's index of consumer confidence fell to 52.5 in December from a revised 54.3 in November. All three major indexes—the Dow Jones Industrial Average, the Nasdaq and S&P 500—were in the red after about 90 minutes of trading.
So which individual stocks are worth watching on a (so far) down day like this? Here are six that are on the move:WW Grainger
The facilities-maintenance company was trading at all-time high levels on Tuesday morning.
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Murphy Oil
Murphy, meanwhile, had reached its highest share price since September 2008.
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J.M. Smucker
This jelly maker was at its all-time high, a peak not seen since its 1959 IPO.
-----------Jabil Circuit
The electronic-manufacturing-services outfit was at its highest price since November 2007.
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Air Products & Chemicals
APD managed to climb to $91.31, the highest the stock has been since August 2008.
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General Motors
And finally, the newly public (again) automaker was up 2 percent after Bank of America Merrill Lynch, Barclays, Citigroup, Credit Suisse and J.P. Morgan had initiated "buy" coverage on GM.
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