Stocks to Watch: NFLX, AAPL, WMT & More
Take a look at some of Tuesday's midday movers:
Netflix moved higher after some positive comments from a Citigroup analyst. The firm repeated a "buy" rating and $130 a share price target.
Apple briefly hit the $600 a share mark for the first time since April 27th.
Wal-Mart hit an all time high this morning continuing its higher trend over the past two months.
Research In Motion was slightly lower. Its Chief Executive, Thorsten Heins, said there is nothing wrong with the company while denying it is in a “death spiral”.
First Solar moved higher as China boosted its solar goals.
Yum Brands were lower after Goldman cut its price target to $68 amid concerns over China.
Home Depot and Lowe’s lost ground after some cautious comments from a midwest research firm.
Energy stocks, including ExxonMobil, Chevron, Conoco-Phillips and Valero were higher as oil prices surged.
Fertilizer stocks also moved higher as the U.S. corn crop continued to wilt under the relentless heat. Potash, Agrium, CF Industries, Mosaic Company all to the upside.
Lumber Liquidators fell after Raymond James and KeyBanc downgraded the stock due to valuation concerns.
Duke Energy slid after it closed its $18 billion buyout of Progressive Energy and said Progressive CEO Bill Johnson had resigned and will not take a position at the combined company. Duke CEO Jim Rogers will become CEO of the company while retaining the Chairmanship.
Gold stocks moved higher as gold prices jumped. Goldcorp,Barrick Gold, YamanaGold and SPDR Gold shares all gained ground.