Weekly Newsletter   Challenge account   Weekly Newsletter   

Archive for May 23rd, 2011

Posted by Martin May 23, 2011

Buy Shares of Industrials Like Caterpillar

Investors should buy shares of industrial companies, which have improving operating performance, “reasonable” valuations and “strong” cash flows, according to Oppenheimer & Co. Brian Belski, Oppenheimer’s New York-based chief investment strategist, recommended 22 industrial companies, including Caterpillar Inc. (CAT), Union Pacific Corp. (UNP) and FedEx Corp. (FDX) He considered companies in the Standard & Poor’s Continue reading →

Posted by Martin May 23, 2011

US stocks plunge on European debt worries

With little economic news coming out of the United States, Wall Street is panicking about Europe. The Dow Jones industrial average fell 173 points, or 1.4 percent, to 12,338 in midday trading. Stocks also fell broadly in Europe and Asia. So the Wall Street is panicking. Great, let them panic even more. This will push Continue reading →