Stocks to Watch: Peet's, RadioShack and More ...
Stocks strengthened even as oil prices rose above $100 a barrel, as the market waited to hear a second day of Congressional testimony from Federal Reserve Chairman Ben Bernanke.
TheDow Jones Industrial Average rose more than 40 points after bouncing between positive and negative territory a day after selling off as rising oil prices overshadowed strong manufacturing data.
So which individual stocks are worth watching today? Here are six that are on the move:
Peet's Coffee and Tea
The coffee retailer was a big winner early Wednesday, up more than 8 percent. The company was upgraded to buy from neutral at Janney Capital.
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RadioShack
The consumer electronics retailer was trading at lows not seen in more than two years.
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Google
The Internet company was initiated buy with a $768 price target at B. Riley and Company.
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Weatherford
The oilfield services company was getting crushed Wednesday after the company adjusted its results for the past four years by a total of about $500 million. The company said it had "material weakness" in its income tax reporting.
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Texas Instruments
The electronics manufacturer was upgraded to overweight from neutral at JPMorgan.
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Fresh Del Monte
The food producer was downgraded to underperform from but at CLSA.
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