Market Wrap-Up for May 25 (CBRL, PNC, GS, X, FCX, SAFM, more)

By Staff,

Shutterstock photo

The market sliced through the Dow 10k level at the start of the day, but we did see buyers put some money to work under the psychological level and by the close, we got back over it.

We made some more adjustments (be sure to check the link below if you did not read the e-mail alert we sent out earlier today) to our recommended list as we continue to maneuver and position the Best Dividend Stocks list in the best way to outperform going forward. We removed some well-known names today, but that is part of investing. We try to keep the best names we believe are worth considering for investors that are looking to put capital to work. Names that are removed no longer qualify as names we would look to initiate or add to a current position.

Lots of headlines today, from global economic concers, trouble with North Korea, and the BP Plc ( BP ) oil slick disaster that continues to fester. Commodity plays were dragging things down early, but some of the larger players came back from oversold levels to close higher. They included Freeport McMoran ( FCX ) , U.S. Steel ( X ) , and Cliffs Natural Resources ( CLF ) . Financials were also trailing the action, but companies like Goldman Sachs ( GS ) and PNC Financial ( PNC ) got rolling to finish in the green. Earnings results did weigh down companies like Cracker Barrel ( CBRL ) , Sanderson Farms ( SAFM ) and Medtronic ( MDT ) .

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