Stocks to Watch: Forest Labs, BJ's Wholesale, Hovnanian and More...
Stocks extended gains Thursday after wholesale inventories rose and as investors cheered the narrowed U.S. trade deficit.
The Dow Jones Industrial Average jumped more than 70 points after finishing lower for the sixth-consecutive sessionWednesday.
Here are six stocks that are on the move:
Forest Labs
The pharmaceutical company was trading at highs not seen since August of 2008.
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BJ's Wholesale
The wholesale club retailer was downgraded to equal-weight from overweight at Barclays Capital.
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Lorillard
The tobacco company was added to the key call list at UBS. The firm says it sees weakness as a buying opportunity setting the price target at $124.
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Ciena
The telecommunications equipment company was downgraded to neutral from positive at Avian.
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Sealed Air
The container and packaging company was upgraded to buy from hold at Jefferies.
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Hovnanian
The home construction company was trading at lows not seen in nearly two years.
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