Market Wrap-Up for Apr.21 (BA, TUP, FCX, MS, WFC, UTX, CLF, more)

By Staff,

Shutterstock photo

The market is now smack in the middle of the tons of earnings releases. In some cases, the classic "sell on the news" reaction was taking place today.

Starting with the companies that received the most cheer from investors today following results, includes Tupperware ( TUP ) - this is a name we removed after the stock went on a 4-fold run in the last 12 months. We did not recommend this back then, but it did make our list at some point, and is now off. Those type of stock moves are not the norm, so we hope to re-examine the name during any significant pullback. Other names running higher include Boeing ( BA ) - we caught a big move here, also United Technologies ( UTX ) and Lockheed Martin ( LMT ) traded higher.

On the downside, investors took profits in commodities giant Freeport McMoran ( FCX ) . This carried through to other names in the space, including Cliffs Natural Resources ( CLF ) and U.S. Steel ( X ) . Financials were mixed, with Morgan Stanley ( MS ) higher on their earnings results, while Wells Fargo ( WFC ) pulled back just a bit on their numbers.

We will continue to monitor the recommended dividend plays as well as scan for new dividend plays that could make it on to our weekend watchlists.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Created by

This article appears in: Investing Stocks

More from

Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by