Leading economic indicators are also up. Global markets climb as Germany's Merkel backs the euro and the ECB. Apple hits a new high. Gap beats estimates, while Aeropostale misses. Marvell's results disappoint, and Groupon drops on a downgrade.
These stocks are trading for less than investment gurus David Einhorn and Prem Watsa paid for them.
Marvell Technology is upgraded to 'market perform,' and Brocade is downgraded to 'hold.'
Under Armour is upgraded to 'buy,' and Marvell Technology is downgraded to 'neutral.'
The semiconductor company is now well positioned to offer complete solutions across the access spectrum.
Steel Dynamics and US Steel are downgraded to 'hold.' DuPont is initiated with 'equal weight.'
Fundamentally inspired picks from a market expert are put to the test by using technical analysis to validate the bullish outlook.
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Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
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