These Are the Stocks Analysts Were Buzzing About
What were the analysts saying about the home builders’ massive run up, Caterpillar’s warning, Apple’s iPhone 5 launch, Google, and Vodafone? Find out in this week’s CNBC.com Stock Blog Roundup.
Apple may have only sold 5 million iPhone 5slast weekend, but analysts remain bullish on the stock. Topeka Capital’s Brian White has a $1,111 price target on the stock.
Google has also been a stellar performer over the past three months, up 33 percent. Evercore Partners' Ken Sena said the the Internet giant may be just hitting its stride.
Home builders have run up this year on optimism about a recovery in the housing market. But while some have gotten expensive there are still pockets of value, according to Buck Horne, an analyst at Raymond James. He remains positive on Toll Brothers and PulteGroupbut has an “underperform” rating on KB Homes.
After mining and construction equipment giant Caterpillarcut its fiscal 2015 earningsprojections, Tim Seymour, a managing partner at Triogem Asset Management, said that there’s still a good trade in mining stocks. He would be a buyer of Teck Resources.
Finally, Pimco’s Neel Kashkari favors companies with strong balance sheets, attractive valuations and a market leadership position. He’s bullish on telecom Vodafone and chipmaker Intel.
—By CNBC.com’s Justin Menza
Additional Views: It Might Be Time to Short Home Builders: Gordon ______________________________
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