Morningstar Analyst Research: The Week in Stocks
A fight for a company that Mikey liked and how credit cards can pay.
The market once again took investors for a roller-coaster ride this past week. Stocks were riding high as Alan Greenspan hinted that an interest-rate cut might be coming. But the good news didn't last long. Investors' profit concerns were renewed as companies like Apple (AAPL) said they were having problems. During the rise and fall of the Nasdaq and the Dow, there also were a couple of notable mergers announced--à la Pepsi's (PEP) and Best Buy's (BBY). Plus, investor-extraordinaire Warren Buffett was back in the news for helping to stop Coke (KO) from swallowing Pepsi's latest acquisition.
But as always, we at Morningstar have kept our eye on the hubbub swirling in the markets in an effort to make sense of it for you, the investor. As we’ve mentioned before, we provide research on hundreds of stocks and add dozens more to our coverage every week. Our analysts strive to keep the analyses fresh so you can decide whether to buy, sell, or hold. In our weekly roundup, we’re highlighting several well-known companies with updated analyses as well as companies we're analyzing for the first time.
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Craig Woker does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.