Stocks to Watch: Charles Schwab, Intel and More ...
Stocks slumped despite news of strong gains in February jobs and a stronger-than-expected gain in factory orders, as oil prices skyrocketed.
TheDow Jones Industrial Average fell more than 70 points a day after the market rose more than 1.5 percent in the wake of a robust report on jobless claims, and falling oil prices.
Among Dow components, DuPont and Caterpillar led decliners, while Intel and Merck gained.
So which individual stocks are worth watching today? Here are six that are on the move:
ConocoPhillips
The oil company was up more than 1 percent, trading at levels not seen in more than two years.
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Monster Worldwide
The Internet job search company was downgraded to market perform from outperform at William Blair, with shares down about 6 percent.
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Charles Schwab
The investment firm was initiated outperform at Wells Fargo.
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US Airways
The airline was down about 2 percent as oil prices hit their highest level since September, 2008.
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Intel
The semiconductor was upgraded to outperform from neutral at RW Baird, and its price target was raised slightly to $27 from $25.
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Stanley Black & Decker
The tools manufacturer was reiterated buy at Deutsche Bank, with the firm saying it has more confidence that estimates will go higher following the company's investor day.
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