Stocks to Watch: MGM, Apple and More ...
Stocks turned higher after a weak open Tuesday, despite a handful of disappointing earnings reports and after China's interest rate hike for the second time in just over a month.
The Dow Jones Industrial Average rose more than 20 points after wavering at the market open. McDonald's and Home Depot were higher on the blue-chip index, while Intel , Cisco and Bank of America were among the laggards.
The S&P 500 and the Nasdaq turned higher. The CBOE Volatility Index, widely considered the best gauge of fear in the market, rose above 16.
So which individual stocks are worth watching today? Here are six that are on the move:
MGM Resorts
The gaming, hotel and entertainment holding company was upgraded to buy from neutral at Bank of America Merrill Lynch.
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Aflac
The life insurer was downgraded to hold from buy at Citi.
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Fastenal
The industrial supplier was trading at all-time high levels Tuesday morning, with shares up more than 50 percent over the last year.
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Newfield Exploration
The oil and gas exploration company was downgraded to hold from buy at Jefferies, and its price target was cut to $70 from $76 based on valuation.
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Athenahealth
The health care company was upgraded to outperform from market perform at Wells Fargo.
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Apple
The computer and software manufacturer was trading at all-time highs Tuesday morning.
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