Ahead of Monday's opening bell in New York, Dow Jones industrial average futures declined 0.8%, Standard & Poor's 500 index futures fell 1% and Nasdaq index futures shed 1.1%.
Over the weekend, Ukraine's prime minister declared that his country is "on the brink of disaster" as Russia's military advanced into the Crimea region and its troops blocked key naval and military bases.
FULL COVERAGE: The crisis in Ukraine
Tokyo's Nikkei 225 index dropped 1.3% to 14, 652.23 on Monday in Japan and Hong Kong's Hang Seng declined 1.5% to 22,500.67.
A number of market analysts put out client notes over the weekend. The general message: A serious confrontation between Russia and the West over Ukraine would likely lead to a general pullback in global stock markets.
Top 5 Defensive Companies To Own In Right Now: Santander Mexico Financial Group SAB de CV (BSMX)
Santander Mexico Financial Group SAB de CV, formerly Grupo Financiero Santander SAB de CV, is a Mexico-based financial institution. The Company is primarily engaged, through its subsidiaries, in the provision of multiple banking services, securities brokerage, financial advice services, as well as other related investment activities. The Company offers its services to both, individual and corporate clients. The Company owns such principal subsidiaries as Banco Santander (Mexico) SA, Casa de Bolsa Santander SA de CV and Zurich Santander Seguros Mexico S.A. In December, 2013, the Company concluded the sale of Gestion Santander SA de CV's shares, as a result of the agreement reached with its parent company, Banco Santander SA. Advisors' Opinion:- [By Dan Burrows]
The current economic and political environment makes it hard to see what possible catalyst could pull EBR stock out of negative territory any time soon. EBR’s payouts have been erratic, so the stock’s dividend yield is basically a roll of the dice. Worst of all, EBB still has no profits. For dividend stocks, that’s another dealbreaker.
Grupo Financiero Santander Mexico (BSMX)Market Cap: $14.9 billion
Dividend Yield: 11.4%
YTD Price Performance: -20% - [By Eric Volkman]
ING's (NYSE: ING ) Latin American operations will soon be one division lighter. The company announced it reached an agreement to sell its mortgage business in Mexico to�Grupo Financiero Santander Mexico (NYSE: BSMX ) , the local presence of Spanish financial group Banco Santander (NYSE: SAN ) . The price was 643 million pesos ($51 million), according to Mexico City newspaper La Cronica de Hoy.
10 Best High Tech Stocks To Buy Right Now: SPDR S&P 500 ETF Trust (SPY)
SPDR Trust, Series 1 (the Trust) is a unit investment trust. The Trust is an exchange-traded fund created to provide investors with the opportunity to purchase a security representing a proportionate undivided interest in a portfolio of securities consisting of substantially all of the common stocks, in substantially the same weighting, which comprise the Standard & Poor's 500 Composite Price Index (the S&P Index). Each unit of fractional undivided interest in the Trust is referred to as a Standard & Poor's Depositary Receipt (SPDR).
The Trust utilizes a full replication approach. With this approach, all 500 securities of the Index are owned by the Trust in their approximate market capitalization weight.
Advisors' Opinion:- [By Luke Jacobi]
Volume was especially high Tuesday after Monday�� weakness. 168 million shares of the SPDR S&P 500 ETF (NYSE: SPY) traded hands, compared to the ten day average of 115 million and three month average of 124 million.
- [By Ben Levisohn]
GE has gained 9.5% this year after falling 0.7% to $22.98 today, well behind the SPDR S&P 500 ETF’s (SPY) 15% gain and the Industrial Select Sector SPDR’s (XLI) 17% rise. United Technologies (UTX) has risen 25% this year, while 3M (MMM) has advanced 22%.
10 Best High Tech Stocks To Buy Right Now: Cosan Ltd (CZZ)
Cosan Limited (Cosan), incorporated on April 30, 2007, is a holding company. The Company is engaged in the production of ethanol and sugar, the marketing and distribution of fuel and lubricants in Brazil, and logistics services in the state of Sao Paulo, Brazil. The Company imports, exports, produces and sells ethanol, sugar, sugarcane and other sugar by-products. It distributes and sells fuel and other fuel by-products. The Company produces and markets electricity, steam and other co-generation by-products. During the fiscal year ended March 31, 2011 (fiscal 2011), it operated 24 mills. On February 18, 2011, Cosan, through its subsidiary Cosan S.A. Acucar e Alcool acquired 100% of the voting corporate capital of Cosan Araraquara Acucar e Alcool Ltda., (Usina Zanin).
The Company operates in three in segments: sugar and ethanol (S&E), fuel distribution and lubricants (CCL) and sugar logistics (Rumo Logistica). The sugar and ethanol segment operates and produces a range of sugar products, including raw, organic, crystal and refined sugars and consumer products under the Da Barra and Uniao brands, which are sold to a range of customers in Brazil and abroad, as well as produces and sells hydrous, anhydrous and industrial ethanol, which are sold to the Brazilian market. The sugar and ethanol segment also includes energy co-generation activities and land development businesses. Its fuel distribution and lubricants segment includes the distribution and marketing of fuels, mainly through franchised network of service stations under the brand Esso throughout the national territory, and production, distribution and marketing of lubricants licensed from ExxonMobil International Holdings B.V.. Its sugar logistics segment provides logistics services for the transport, storage and port lifting of sugar.
Sugar and Ethanol segment
As of March 31, 2011 the Company leased 437,698 hectares, through 2,128 land lease contracts with an average term of five years. During fiscal 2011,! it harvested from owned or leased lands 27.4 million tons, of the sugarcane and purchased from third-party growers the 26.8 million tons of sugarcane. During fiscal 2011, its accumulated sugar extraction was 139.0 kilograms of total sugar recovered (TSR) per ton of sugarcane and its agricultural yield was 91.4 tons of sugarcane per hectare. It produces ethanol through a chemical process called yeasting. It produces and sells three types of ethanol: hydrous ethanol and anhydrous ethanol for fuel and industrial ethanol. It sells ethanol through gasoline distributors in Brazil mainly at the mill that sell it to retailers that then sell it at the pump to customers.
During fiscal year 2011, the Company sold 4.3 million tons of sugar. The Company produces a range of standard sugars, including raw sugar, crystal sugar and organic sugar, and refined sugars, including granulated refined white sugar, amorphous refined sugar, refined sucrose liquid sugar and refined inverted liquid sugar. Its Sao Francisco mill and the Da Barra mill produce refined sugar. It also sells industrial alcohol, which is used in the chemical and pharmaceutical sectors. It sells sugar to a range of customers in Brazil and in the international markets. Its customers in Brazil include retail supermarkets, foodservice distributors and food manufacturers, for which it sells refined and liquid sugar.
Fuel distribution and lubricants
The Company�� fuel distribution business is engaged in sourcing, storing, blending and distributing primarily gasoline, ethanol, diesel and fuel oil through its retail network of approximately 4,500 Esso and Shell-branded stations. During fiscal 2011, it sold approximately 1.03 billion liters of fuels, consisting of 96.0% diesel and 4.0% gasoline, ethanol and other fuels to its industrial and wholesale clients. During fiscal 2011, Cosan Combustiveise Lubrificantes S.A. (CCL) sold a total of 166.4 million liters of lubricants. Its lubricant operations consist of a wholly o! wned Lubr! icants Oil Blending Plant (LOBP), located in Rio de Janeiro, with annual production capacity of 1.4 million barrels of lubricants per year, including 48,000 barrels of grease per year.
Sugar Logistics
The Company owns and operates a sugar-loading terminal at the Port of Santos in the State of Sao Paulo through its subsidiary Rumo Logistica. It offers logistics solution to sugar producers located in the Center South of Brazil by transporting sugar from the mill by truck or rail to be loaded at its bulk sugar port terminal in Santos. It also offer sugar storage services.
The Company competes with Copersucar, Sudzucker AG, Petrobras, Ultrapar S.A., Shell Brasil Ltda. and AleSat Combustiveis S.A.
Advisors' Opinion:- [By Maxx Chatsko]
Partnership outlook
I am still hoping that Codexis will be tapped by Raizen, a joint venture between Shell and sugar giant Cosan (NYSE: CZZ ) , as its exclusive cellulase enzyme provider. Raizen has not been shy about its cellulosic ethanol ambitions -- planning a 10 million gallon per year facility -- but has yet to choose an enzyme technology. Investors should be careful not to assume that Codexis is a lock for the partnership (Raizen is the largest investor in Codexis), but with more than 580 million gallons of first-generation ethanol capacity the opportunity is enormous. - [By Dan Caplinger]
ADM's renewable-fuel business grabs most of the attention from investors. The drought has also had a big impact in this segment as well, as ADM has had to idle ethanol production facilities because of low corn supplies following the drought. Moreover, with sugar-based ethanol competitors Bunge (NYSE: BG ) and Cosan (NYSE: CZZ ) already benefiting from pricing disparities between sugar and corn, prospects of potential tariffs on U.S. ethanol in Europe could give Brazilian sugar-based ethanol a competitive advantage, further hurting ADM.
- [By Monica Gerson]
Cosan (NYSE: CZZ) is estimated to post its Q1 earnings at $0.16 per share.
ViaSat (NASDAQ: VSAT) is projected to post its Q4 earnings at $0.11 per share on revenue of $348.98 million.
10 Best High Tech Stocks To Buy Right Now: Sanofi(SNY)
sanofi-aventis engages in the discovery, development, and distribution of therapeutic solutions to improve the lives of everyone. The company offers a range of healthcare assets, including a broad-based product portfolio in prescription drugs, OTC/OTX, generics, vaccines, and animal health. It has a strategic alliance with Regulus Therapeutics Inc. to discover, develop, and commercialize micro-RNA therapeutics, initially in fibrosis. The company was founded in 1970 and is headquartered in Paris, France.
Advisors' Opinion:- [By Keith Speights]
3. Buying businesses
Buffett doesn't buy a stock. He buys a business. His aim is to buy a "wonderful company at a fair price." Sanofi (NYSE: SNY ) seems to have hit that mark. Berkshire Hathaway bought shares in the French pharmaceutical company back in 2006 and added to its position each year through 2010. Even through Sanofi's share prices were declining during much of that period, Buffett kept on buying. As with Glaxo, he saw the long-term potential for the business and cared less about how the stock was performing in the shorter term.
10 Best High Tech Stocks To Buy Right Now: Dollar Tree Inc.(DLTR)
Dollar Tree, Inc. operates discount variety stores in the United States and Canada. Its stores offer merchandise primarily at the fixed price of $1.00. The company operates its stores under the names of Dollar Tree, Deal$, Dollar Tree Deal$, Dollar Giant, and Dollar Bills. Its stores offer consumable merchandise, including candy and food, and health and beauty care, as well as household consumables, such as paper, plastics, household chemicals, in select stores, and frozen and refrigerated food; variety merchandise, which includes toys, durable housewares, gifts, party goods, greeting cards, softlines, and other items; and seasonal goods, such as Easter, Halloween, and Christmas merchandise. As of April 30, 2011, it operated 4,089 stores in 48 states and the District of Columbia, as well as 88 stores in Canada. The company was founded in 1986 and is based in Chesapeake, Virginia.
Advisors' Opinion:- [By Ben Levisohn]
Shares of Supervalu have dropped 8.3% to $6.31 at 2:59 p.m., within spitting distance of Goldman’s $6 target price, while competitors Family Dollar Stores (FDO) has gained 0.2% to $70.16,�Dollar General�(DG) has fallen 0.4% t0 $59.02,�Dollar Tree (DLTR) is off 1% to $59.33 and Wal-Mart (WMT) is little changed at $79.19.
- [By Steven Russolillo]
WATCH FOR:�Weekly Jobless Claims (8:30 a.m. Eastern Time): seen 310K; previously 297K. May Markit “Flash” PMI (9:45). April Existing Home Sales (10:00): seen +2.0% at 2.68M; previously -0.2% at 4.59M. April Leading Index (10:00): seen +0.5%; previously +0.8%. May Kansas City Fed Manufacturing Survey (11:00): seen 8; previously 7. Aeropostale, Best Buy(BBY), Borcade, Buckle, Dollar Tree(DLTR), GameStop(GME), Gap(GPS), Hewlett-Packard(HPQ), Marvell Tech(MRVL), Mentor Graphics(MENT), Ross Stores(ROST) and TiVo are among companies scheduled to report quarterly results.
10 Best High Tech Stocks To Buy Right Now: National Bank of Greece SA (NBG)
National Bank of Greece S.A. (the Bank), incorporated on March 30, 1841, is a Greece-based financial institution. It offers a range of integrated financial services, including corporate and investment banking, retail banking (including mortgage lending), leasing, stock brokerage, asset management and venture capital, insurance, real estate and consulting services. In addition, the Company is involved in various other businesses, including hotel and property management, real estate and information technology (IT) consulting. On May 19, 2009, the Bank established Ethniki Factors S.A., a wholly owned subsidiary. On June 8, 2009, Finansbank A.S. established Finans Faktoring Hizmetleri A.S. (Finans Factoring), a wholly owned subsidiary. On June 30, 2009, NBG Luxemburg Holding S.A. and NBG Luxfinance Holding S.A. were merged to NBG Asset Management Luxemburg S.A. On January 18, 2010, the Bank acquired 35% of the share capital of AKTOR FM. On October 16, 2009, United Bulgarian Bank A.D. (UBB) established UBB Factoring E.O.O.D., a wholly owned subsidiary of UBB. On September 15, 2009, the Bank disposed of its investment in Phosphoric Fertilizers Industry S.A.
At December 31, 2009, the Bank operated in Greece through 575 branches, one private banking unit, one unit for financial institutions and 10 specialized banking units that deal exclusively with troubled and non-performing loans. At December 31, 2009, the Bank had over 1500 automated teller machines (ATMs).
Retail Banking
The Bank offers retail customers a number of different types of deposit and investment products, as well as a range of services and products. The Bank offers a range of mortgage products, with floating, fixed, or a combination of fixed and floating interest rates. In February 2009, the Bank introduced a new floating rate product, the ESTIA MIKTO with flexible payment terms. In addition to fire and earthquake property insurance, the Bank offers an optional life insurance plan together with mortgage! s.
The Small Business Lending Unit (SBL Unit) a part of the Bank's retail banking division consists of three credit centers situated in Athens, Thessaloniki and Patrastail. The SBL Unit offers term loans geared towards medium and long-term working capital needs for the financing of asset purchases.
Corporate and Investment Banking
The Bank offers corporate accounts with overdraft facilities, foreign currency loans, variable rate loans, and currency swaps and options for corporate customers. The Bank's commercial loan portfolio in Greece comprises approximately 50,000 corporate clients, including small and medium sized enterprises. It offers the corporate clients a range of products and services, including financial and investment advisory services, deposit accounts, loans denominated in euro and other currencies, foreign exchange services, insurance products, custody arrangements and trade finance services. The Bank lends primarily in the form of credit lines, which are generally at variable rates of interest with payment terms of up to 12 months. In addition, the Bank provides letters of credit and guarantees for its clients.
The Bank�� shipping finance and syndicated loan portfolio consists of first-tier shipping groups involved in diversified shipping activities. The Bank provided project finance advisory services to the Hellenic Republic on two infrastructure projects: the new Attica Motorway and Kasteli International Airport.
Global Markets & Asset Management
The treasury activities provided by the Bank and its subsidiaries include
Greek and other sovereign securities trading, foreign exchange trading, interbank lending and borrowing in euro and other currency placements/ deposits, forward rate agreement trading, repurchase agreements, corporate bonds, and derivative products, such as options and interest rate and currency swaps. The Bank also conducts a portion of its treasury activities through its subsidia! ry CPT. A! s at December 31, 2009; CPT's portfolio comprised Greek government bonds and corporate bonds, with a total value of EUR 1.8 billion.
The Bank offers its private banking services both domestically and internationally from its international private banking units in London. The Bank offers custodian services to its foreign and domestic institutional clients who hold equity securities listed on the ATHEX or listed Greek State debt, as well as remote settlement and custody services on the Cyprus Stock Exchange. The Bank offers trade settlements, safekeeping of securities, corporate action processing, income collection, proxy voting, tax reclamation, brokerage services, customized reporting, regular market flashes and information services. The Bank also acts as global custodian to its domestic institutional clients who invest in securities outside of Greece.
The domestic fund management business is operated by NBG Asset Management, which is wholly owned by the Group. NBG Asset Management manages funds that are made available to customers through the Bank's extensive branch network. As at December 31, 2009, NBG Asset Management's total assets under management were EUR 1.9 billion.
National Securities S.A offers a range of investment services to both individual and institutional customers. In September 2009, National Securities S.A. opened a branch in Nicosia, Cyprus, to provide brokerage services to local private investors.
Turkish Operations
The Bank�� Turkish operations include the Finansbank group of companies and NBG Bank (Malta) Ltd. Finansbank's group of companies includes Finans Invest, Finans Leasing, Finans Portfolio Management, Finans Investment Trust, Finans Factoring, IBTech, Finans Pension, and Finans Consumer Finance. As at December 31, 2009, Finansbank operated through a network of 461 branches in 60 cities.
Finansbank Corporate Banking serves corporations through its eight branches in the four cities in Turkey.! Finansba! nk Commercial Banking serves medium-sized companies located in 23 cities in Turkey through its head office, four regional offices (three in Istanbul and one in Ankara) and a distribution network, which includes 61 branches.
Finansbank Investment Banking consists of project finance, corporate finance and technical consulting. Investment Banking acts as a client relations specialist while providing medium to long-term loans and other products. Finansbank Private Banking has been providing investment products and asset management services to individuals through eight private banking centers and 28 private banking corners located in Finansbank's branches in the cities throughout Turkey.
International
The Bank's international operations include the Bank's branches in Albania, Egypt and Cyprus, as well as banking subsidiaries in six countries: NBG Cyprus; Stopanska Banka A.D. in FYROM; United Bulgarian Bank A.D. in Bulgaria; Banca Romaneasca S.A., in Romania; Vojvodjanska in Serbia; and the South African Bank of Athens, as well as other subsidiaries, primarily in the leasing sector. As at December 31, 2009, the Bank had foreign branches in four countries, including one in the United Kingdom, 30 in Albania, one in Cyprus, 15 in Egypt and one in Guernsey (which closed early in 2010).
Insurance
The Bank provides insurance services to individuals and companies through the wholly owned subsidiary Ethniki Insurance Group (EI) and Finans Pension. EI offers a range of products such as life, accident and health insurance for individuals and groups, fire, catastrophe, credit, motor, marine hull and cargo insurance, and general third party liability. EI operates through a network of 2,850 tied agents and 2,620 independent insurance brokers, in addition to selling bancassurance products through the Bank's network. EI provides bancassurance products through our insurance brokerage subsidiary NBG Bancassurance S.A. (NBGB), which assumes no insurance underwr! iting ris! k, and the Bank's extensive network in Greece.
Advisors' Opinion:- [By Bryan Murphy]
What do Chelsea Therapeutics International Ltd. (NASDAQ:CHTP), National Bank of Greece (NYSE:NBG), and Walter Energy, Inc. (NYSE:WLT) have in common. They all have charts worth a much closer look right now. That's not to say they're all dropping the same bullish hint. In fact, WLT, NBG, and CHTP are all dropping distinctly-different hints as to their likely near-term future. But, trading action is trading action no matter which direction it's in. Take a look.
Yes: Truth be told, shares of the National Bank of Greece have been working on a rally for a while. It's only been recently, however, that NBG has made it clear it's not going to give up. The stock crossed above the 100-day moving average line (gray) early in the month, and has continued to peel away. Yes, National Bank of Greece hit something of a soft patch last week, but the 20-day moving average line (blue) has since stepped up to the plate as a technical floor, rekindling the uptrend yesterday day and today. Perhaps most bullish of all is the fact that NBG has started to increase volume on the way up, after it cleared the 100-day moving average line, - [By Bryan Murphy]
There's just one problem with the big runups from Elephant Talk Communications, WidePoint Corporation, and CytRx Corporation. That problem? Before the surges, it was very unlikely any of them were on very many traders' radars. In fact, it's very likely most traders had never even heard of at least one of them (if not two). The trick to creating success as a speculator of small cap stocks is spotting a big winner before the runup starts to materialize, since (to be blunt, but honest), most small cap stock picks aren't all that rewarding. Enter the National Bank of Greece (NYSE:NBG). The National Bank of Greece is also one of the small caps that has gone ballistic of late? No, it hasn't - that's just it. NBG hasn't gone anywhere of late. If the very subtle clues are on target though, then this stock has a good shot at becoming the next WYY, ETAK, or CYTR, and you know about it before it actually happens.
- [By Roberto Pedone]
National Bank of Greece (NBG) is engaged in providing financial services, including retail and commercial banking, global investment management, investment banking, insurance, investment activities and securities trading. This stock closed up 2.5% to $3.61 in Tuesday's trading session.
Tuesday's Range: $3.49-$3.70
52-Week Range: $2.85-$32.50
Tuesday's Volume: 3.59 million
Three-Month Average Volume: 3.59 millionFrom a technical perspective, NBG bounced modestly higher here right above some near-term support at $3.20 with solid upside volume. This stock has been crushed over the last two months, with shares drooping from over $8 to its low of $2.85. Since that drop, the stock has started to stabilize and it's now moving within range of triggering a major breakout trade. That trade will hit if NBG manages to take out some near-term overhead resistance at $3.88 with high volume.
Traders should now look for long-biased trades in NBG as long as it's trending above $3.20 and then once it sustains a move or close above $3.88 with volume that hits near or above 3.59 million shares. If that breakout triggers soon, then NBG will set up to re-test or possibly take out its next major overhead resistance levels at $4.47 to $5.63
- [By Jon C. Ogg]
Moody’s raised the rating of Greece’s government bonds to Caa3�with a “stable” outlook. Now we have five Greek banks being given credit rating upgrades as well. The one upgrade that ADR investors will want to watch is the rating on the National Bank of Greece S.A. (NYSE: NBG). Moody’s signaled that the upgrade reflects NBG’s more favorable asset-quality, funding profile and earnings than local peers. It also is based upon an expectation of further capital enhancements to address its weaker capital base.
10 Best High Tech Stocks To Buy Right Now: Hewlett-Packard Company(HPQ)
Hewlett-Packard Company and its subsidiaries provide products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), as well as to the government, health, and education sectors worldwide. Its Personal Systems Group segment offers commercial personal computers (PCs), consumer PCs, workstations, calculators and other related accessories, and software and services for the commercial and consumer markets. The company?s Services segment provides consulting, outsourcing, and technology services to infrastructure, applications, and business process domains. Its Imaging and Printing Group segment provides consumer and commercial printer hardware, supplies, media, and scanning devices, such as inkjet and Web solutions, laser jet and enterprise solutions, managed enterprise solutions, graphics solutions, and printer supplies. The company?s Enterprise Servers, Storage, and Networking segment offers industry standard s ervers, business critical systems, storage platforms, and networking products, including switches, routers, wireless LAN, and TippingPoint network security products. Its HP Software segment provides enterprise IT management software, information management solutions, and security intelligence/risk management solutions. The company?s HP Financial Services segment offers leasing, financing, utility programs, and asset recovery services; and financial asset management services for enterprise customers, as well as specialized financial services to SMBs, and educational and governmental entities. Hewlett-Packard Company also provides business intelligence solutions that enable businesses to standardize on consistent data management schemes, connect and share data across the enterprise, and apply analytics, as well as licenses its specific technology to third parties. The company was founded in 1939 and is headquartered in Palo Alto, California.
Advisors' Opinion:- [By Dan Caplinger]
The big but hopefully short-term problem
Of course, the worst payout ratio to have is a negative one, and that's the situation that Hewlett-Packard (NYSE: HPQ ) finds itself in. But those losses largely come from one-time impairments that slashed about $9 per share from earnings last year. Once the negative impact of those writedowns disappears from the income statement, payout ratios should revert to their more traditional levels, which have typically ranged from 10% to 15% since 2006. - [By Chris Hill]
Shares of Microsoft (NASDAQ: MSFT ) fell on Thursday in the wake of a report by IDC that PC sales declined 14% in the first quarter. IDC cited the shift to tablets and smartphones and pointed to a slow start for Windows 8. What do slumping PC sales mean for investors in Microsoft? What does the trend mean for Dell (NASDAQ: DELL ) and Hewlett-Packard (NYSE: HPQ ) ? Is the PC dead? This story, plus a recap of the Dow today, four of the biggest movers and shakers on today's market, and two stocks we'll be watching closely this week.
- [By Paul Ausick]
Stocks on the Move: Houghton Mifflin Harcourt Co. (NASDAQ: HMHC) is up 32.2% at $15.86 after its IPO today. Tile Shop Holdings Inc. (NASDAQ: TTS) is down 39% at $12.95 following a short seller�� claim that profits were overstated. Hewlett-Packard Co. (NYSE: HPQ) is down 5.4% at $25.07 after halting sales of its Chromebook laptop due to an overheating charger problem.
- [By Matt Thalman]
Now that we've gotten through five months of 2013, it's a good time to review which stocks have performed well for the year, which haven't, and whether you should own any of them. With the Dow Jones Industrial Average (DJINDICES: ^DJI ) having increased by 15.35% year to date, there have clearly been more big winners than big losers this year. With Caterpillar (NYSE: CAT ) being the biggest Dow loser and down only 4.25% in 2013, and Hewlett-Packard (NYSE: HPQ ) being the biggest winner, up 71.37% in 2013, the difference is dramatic. But, let's look at why these stocks have performed the way they have, and whether you should own either of them. My conclusion may shock you!
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