Valero Energy is upgraded to 'buy,' and IMAX is initiated with a 'buy.'
Stocks are mixed as investors await the release of minutes from June's Federal Reserve meeting.
Agricultural plays and gun makers are performing exceptionally well right now.
Deutsche Bank is downgraded to 'sector perform,' and Research in Motion is downgraded to 'underweight.'
Good investors often load up on what others are avoiding.
You don't want a portfolio too overweight in fertilizers. In the short term, Potash of Saskatchewan is a better buy.
Aetna is downgraded to 'neutral,' and Zynga is initiated with an 'underperform.'
The sector will soon enter a period of seasonal strength, and two stocks in particular look like attractive buys on any upcoming pullbacks.
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