Stocks to Watch: Abbott Labs, Winn-Dixie, Textron and More...

Six in 60
Six in 60

Stocks struggled for direction at the open Wednesday, after a sharp rally in the previous session, as materials and consumer staples put pressure on the market despite hopes that U.S. lawmakers will reach a deal to raise the debt ceiling and a handful of strong earnings results.

The Dow Jones Industrial Average bobbed in and out of positive territory, after ending sharply higher in the previous session.

Here are six stocks that are on the move:

Abbott Labs
The pharmaceutical company reported a higher than expected second quarter profit fueled by strong sales growth in emerging markets and demand for its arthritis drug.


St. Jude Medical
The medical device maker posted a lower second quarter profit on restructuring related charges, but did see sales growth.


The supermarket was upgraded to buy from hold at Jefferies.


Johnson Controls
The auto parts supplier’s third quarter profit dropped 15 percent, but still posted double digit growth on its top line.


Intuitive Surgical
The medical equipment company was upgraded to neutral from sell at Goldman Sachs while raising the price target to $370 from $282.


The aircraft, defense, industrial and finance firm posted a higher than expected second quarter profit, helped by cost cutting at its helicopter and industrial units.


Get the latest stock picks on the CNBC Stock Blog.

Contact Squawk on the Street

  • Carl Quintanilla

    Carl Quintanilla is an Emmy-winning reporter and co-anchor of CNBC's "Squawk on the Street," broadcast live from the NYSE.

  • Simon Hobbs

    Simon Hobbs co-anchors the 10 a.m. hour of CNBC's "Squawk on the Street" live from the New York Stock Exchange.

  • Jim Cramer

    Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

  • David Faber

    “Squawk on the Street” Co-Anchor

  • Rick Santelli

    Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.