Market Wrap-Up for Nov.12 (DIS, CF, MA, NEM, WMT, HD, more)


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The market saw a bout of heavy selling in the commodity space today, with overnight concerns from the China markets being fingered as the cause for the early selling.

Speaking of commodity stocks, we made some changes to our recommendation list, downgrading several "aggressive" picks that have exposure to the space. Remember, the recommended names that are notated "aggressive" are better suited for investors that are willing to take on more risk and not mind holding stocks for shorter periods of time. These stocks also can have lower-than-average dividend yields, but are names we see stock price appreciation potential in. Lastly, when we remove aggressive names from our list, we recommend investors ring the register as well and look to allocate capital elsewhere.

On another quick housecleaning note, we shifted four recommendations over to the "aggressive" side. Simply put, if you own any of the names now, nothing really changes, except for the fact that we will likely have a shorter holding period for those names.

For more detail on these important ratings changes, be sure to check out our members-only post from this morning .

Getting back to the action in the markets today, gold-related plays like AngloGold ( AU ) and Newmont Mining ( NEM ) had a serious case of register-ringing. Elsewhere, traders headed for the exits in names like CF Industries ( CF ), Mastercard ( MA ) and PetroChina ( PTR ).

It's not such a bad thing to get a bit of a pullback as we continue to hear from investors that are frustrated having to consistently chase higher prices.

Looking ahead to next week, retail earnings are in focus, with reports due from Lowe's ( LOW ), Home Depot ( HD ), Target ( TGT ), and Wal-Mart Stores ( WMT ). Be sure to catch up with our latest watchlist updates this weekend on Premium, and as always, you can view our current recommendations on our industry-leading Best Dividend Stocks List .

Have a great weekend everybody, and thanks for reading!

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.

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