Stocks to Watch: NRG, Amazon and More...
Stocks remained higher Tuesday morning after news that wholesale inventories for March rose slightly more than expected.
The Dow Jones Industrial Average rose more than 60 points, after rising modestly on Mondayamid rebounding commodity prices and concerns over Greece's economic health.
Most Dow components gained, but Microsoft fell after news the tech giant was closing in on a deal to buy Skypefor $8.5 billion including debt, a source familiar with the situation told Reuters. Ebay , which owns a 30 percent stake in Skype, gained on the news.
Here are six other stocks that are on the move:
Quicksilver Resources
The energy company was upgraded to buy from neutral at Global Hunter Securities.
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Archer Daniels Midland
The food processor and transporter was downgraded to sell from buy at Bank of America Merrill Lynch, also cutting the price target to $32 from $37.
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NRG Energy
The electricity company was initiated buy at Dalman Rose with a $29 price target.
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American Eagle
The clothing retailer was downgraded to neutral from buy at Janney Capital.
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Amazon
The online retailer was trading at all-time highs Tuesday morning.
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The Jones Group
The clothing designer was downgraded to sell from neutral at Goldman Sachs.
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