Market Wrap-Up for May 19 (V, HPQ, ADI, DE, ANF, MEE, more)

By Staff,

Shutterstock photo

The markets continue to shake a lot of investors up with the recent pullback. Considering how poorly things went last spring with the Dow dropping all the way to 6500, sitting at Dow 10,300 right now certainly feels better.

We have been busy pruning away on our recommended list, and we removed three more names that you can find in the link below if you did not read the e-mail alert we sent out earlier. Pullbacks are beneficial to the health of the market and never feel good when they are going on, but corrections have always been a part of the investing landscape over periods of time. We are hoping that the recent economic issues that are in the news can be contained to a certain point, but we will continue to monitor the situation as we have always done to position the "Best Dividend Stocks" list in the best possible direction. Putting new capital in the market is important to investors, and we will do our best to keep the names we feel are worthy of your new investment dollars up to date.

As for today's action, further selling in the low-dividend yield growth plays were rocking the commodity sector. Companies like Bucyrus International ( BUCY ) , Massey Energy ( MEE ) , and Consol Energy ( CNX ) all led the way lower. Retailers saw some red, with Abercrombie & Fitch ( ANF ) and Guess, Inc. ( GES ) down. On the flipside, Visa ( V ) bucked the early selling and got back some of the previous days' losses. On the earnings front, Deere & Co. ( DE ) was able to close higher after some up and down action intraday. Elsewhere, Analog Devices ( ADI ) finished up on its results, while Hormel Foods ( HRL ) drifted lower following its Q2 numbers. Hewlett Packard ( HPQ ) did close up slightly, but was off its intraday highs.

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

Find a Credit Card

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