By Christopher Grosvenor:Analysts at Well Fargo downgraded American Express Company (AXP), and analysts at R W Baird downgraded AT&T (T) and Verizon (VZ). The author agrees with the downgrades and would rate the shares Neutral or Market Perform; here's why.
LinkedIn Corp., the business-oriented service for recruiters, job seekers and corporate networking, is showing investors the sort of promise from a social networking stock that many had hoped to find in rival Facebook Inc.
After the company reported yet another quarter of increasing revenue and millions of new members joining the revamped site, its stock skyrocketed to record-high levels Friday. Shares peaked at US$151.89 on Friday — an intraday record — closing up nearly 21% and bringing LinkedIn’s market cap to just over US$16-billion.
Kapitall submits:The following is a list of stocks that have recently been downgraded by Wall Street analysts. All of these stocks have a very high level of short interest. If you're a contrarian, this excessive pessimism might present an opportunity...For each stock, we'll list the brokerage that downgraded the stock, the short float and annual performance. Downgrades sourced from RTT News, short float data sourced from Finviz.
By Tom Lydon:
By John Spence & Tom LydonThe iShares FTSE China 25 (FXI) is down 12% from its 2013 high even as the Dow Jones Industrial Average sets new records, illustrating the divergence between emerging and developed markets do far this year.
By Hawkinvest:Corning, Inc. (GLW) designs and manufactures specialty glass products which are used in flat screen televisions and many popular tablets and smartphones. Its "Gorilla Glass" is a durable, scratch-resistant glass that is used for display and touchscreens. The stock has been dropping recently due to some analyst downgrades.
By Hawkinvest:Verizon (VZ) and AT&T (T) have been very popular dividend stocks for the past couple of years, however, both stocks have been acting weak lately and it might be too early to try buying the dip for a couple of reasons.