Stocks to Watch: Gap, Allergan and More ...
Stocks soared Thursday amid upbeat economic news on jobs and the service sector, and as oil prices fell.
TheDow Jones Industrial Average gained more than 150 points after ending slightly higher Wednesday as traders kept a wary eye on political unrest in the Middle Eastand rising oil prices.
Most of the 30 Dow components gained, led by DuPont, General Electric and Alcoa. Wal-Mart slipped.
So which individual stocks are worth watching today? Here are six that are on the move:
JM Smucker
The food producer was trading at all-time highs Thursday, with shares up more than 1 percent.
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Gap
Shares of the clothing retailer were taking a hit after same-store sales for February fell 3 percent, missing estimates.
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Anheuser Busch Inbev
The beverage maker's net profit for the fourth quarter fell 24 percent, but the world's largest brewer doubled its dividend, sending shares up about 2 percent.
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Allergan
The drug manufacturer was removed from the conviction buy list at Goldman Sachs and shares were basically flat.
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Hershey
The food manufacturer was trading at levels not seen in nearly four years, with shares up 12 percent on the year.
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Ericsson
The telecommunications manufacturer was upgraded to buy from neutral at UBS. Shares were up three percent.
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