Cisco is initiated with a 'buy' and Lennar is downgraded to 'sell.'
Good news during a correction helps, but wait for the carnage to end.
Lennar and First Solar are downgraded, while AstraZeneca is upgraded.
Investors are betting most heavily and consistently on a recovery in US housing and consumer spending.
Johnson Controls is upgraded to 'buy,' and Janney Capital is initiating apparel companies.
The company's upgrade of the sector coincided with the year's steepest market drop.
Was the first quarter simply a final hurrah, with the stock market about to turn sour in response to a failure on the part of the economy in the US and worldwide to continue to show signs of strength?
| Tags: | AALENThe Fiscal Times |
Everyone turns optimistic on housing -- except me!
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