Stocks See Relief
Tweet
Share
E-mail
Get Alerts KO Hot Sheet
Price: $82.96 -1.4%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.7%
Revenue Growth %: +5.4%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.7%
Revenue Growth %: +5.4%
Join SI Premium – FREE
To the relief of investors, stocks are higher Thursday after a volatile week - prices have swung by 500 points or more for four straight sessions. For once this week, traders are overlooking issues in the Euro-zone and focused on bottom-fishing in beaten-up names.
UPDATE: The Dow closed up 423 points to 11,143, the Nasdaq closed up 111 points and the S&P 500 was up nearly 52 at the close.
Heavy insider buying, highlighted by StreetInsider.com a few days ago, is continuing and has picked up media coverage. This is giving investors some hope that a bottom could be near.
In addition, with 10-year Treasury yields at a measly 2.2%, investors are looking for strong-yielding dividend stocks. Top paying blue-chip dividend stocks like Coca-Cola Company (NYSE: KO), Pepsico, Inc. (NYSE: PEP), Johnson & Johnson (NYSE: JNJ) are all up over 3 percent this morning.
Cisco (Nasdaq: CSCO) defied skeptics with a solid fourth quarter and outlook, which has investors lifting its stock a shocking 16 percent.
UPDATE: The Dow closed up 423 points to 11,143, the Nasdaq closed up 111 points and the S&P 500 was up nearly 52 at the close.
Heavy insider buying, highlighted by StreetInsider.com a few days ago, is continuing and has picked up media coverage. This is giving investors some hope that a bottom could be near.
In addition, with 10-year Treasury yields at a measly 2.2%, investors are looking for strong-yielding dividend stocks. Top paying blue-chip dividend stocks like Coca-Cola Company (NYSE: KO), Pepsico, Inc. (NYSE: PEP), Johnson & Johnson (NYSE: JNJ) are all up over 3 percent this morning.
Cisco (Nasdaq: CSCO) defied skeptics with a solid fourth quarter and outlook, which has investors lifting its stock a shocking 16 percent.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Meritage Homes (MTH) Reiterated at Market Outperform by Citizens as Stock Up 24% YTD
- Pool Corp (POOL) PT Raised to $235 at Stifel: Regains Modest Premium to Peers
- S&P 500 Q2 2026 earnings season preview
Create E-mail Alert Related Categories
Insiders' Blog, Market CheckRelated Entities
Standard & Poor's, DividendSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
