Find out what’s going up, what’s going down and whether our traders would double down, fade or run in the other direction!
The catalyst:UPSreported lower-than-expected quarterly earnings on Thursday and said margins were hurt by customers choosing slower delivery options and on weak shipments from Asia.
The trade: "If the stock drops to $75, I'd find it attractive," says Pete Najarian.
The catalyst:PulteGroup, the second largest U.S. homebuilder, posted a narrower quarterly loss and said new home orders jumped 15 percent.
The trade: "Results are encouraging," says Brian Stutland. "If you think home sales are recovering you might want to play this name to the upside."
The catalyst:Aetna reported a lower-than-expected quarterly profit on Thursday as higher claim costs and administrative expenses weighed on result.
The trade: "That’s a good reason to head for the exits," says Jon Najarian.
The catalyst: Although Dow Chemical posted a first-quarter beat, sales missed Street expectations, and the company said parts of Europe would remain in "recessionary conditions."
The trade: Compare these results to those reported by rival DuPont, and you'll see why trader Stephanie Link says, "this is a stock pickers market."