New Stock Coverage: Stillwater Pockets Run Deep


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On Hump Day, Dow Industrials (^DJI) acted appropriately, getting over an early speed bump to end at yet another historic high. The firm that once claimed to "do God's work" took on increasing importance for its financial brethren, but Goldman Sachs ( GS ) still isn't a patch on the Pope. Since Argentina's native son Francis took over at the Vatican, his home stock market has been the planet's best performer, and yesterday Buenos Aires' own YPF Sociedad Anonima ( YPF ) surged a further 9.30%.

Amid all the dough, Deere ( DE ) dropped 4.40%, though that was a less spectacular crash than that experienced by this deer . Similarly sliding amid all the ebullience was diamond seller Zale Corp. ( ZLC ), which dropped 1.76% after Beyoncé, a big proponent of "putting a ring on it," cancelled a show in Europe's ice capital of Antwerp .

This morning in economics, analysts forecast an improvement in May's Philadelphia Fed Index at 10:00 a.m. Eastern. Quarterly earnings announcements continue to roll in, with retailers coming increasingly to the fore. Today's results are expected to include Applied Materials (AMAT), Autodesk (ADSK), Brady Corp. (BRC), Flowers Foods (FLO), JC Penney (JCP), Kohl's Corp. (KSS), Marvell Technology (MRVL), Nordstrom (JWN), Prestige Brands (PBH), TalkTalk Telecom (OTCMKTS:TKTCY), Wal-Mart (WMT), and Zumiez (ZUMZ).

Apple Inc. (AAPL): Susquehanna has a new Neutral on the tech name.

Churchill Downs (CHDN): Brean Capital covers the company, recently trading atop historic highs, at a Buy.

Coach (COH): The maker of luxury handbags and accessories is started with a Buy at Sterne Agee.

Dangdang (DANG): The Chinese e-commerce firm, which earlier today reported revenue of $214 million, is a fresh Buy at Bank of America-Merrill Lynch.

Internet Stocks : Lazard launches Buys on Amazon (AMZN) and eBay Inc. (EBAY).

Interpublic Group (IPG): The advertising giant gets assigned an Overweight at Evercore.

PrivateBancorp (PVTB): Credit Suisse picks up PVTB at a Neutral.

Stillwater Mining ( SWC ): Wells Fargo starts the industrial metals and minerals outfit at Outperform.

ValueClick (VCLK): Saying it sees uncertainty surrounding the company's Dotomi division, Northland Capital has a new Underperform on the firm. Its price objective is $21.

Yelp Inc. (YELP): Cowen covers the company at Outperform.

(See also: Stock Upgrades: Bet the Mortgage on Beazer Homes and Stock Downgrades: SodaStream Up Creek Without Paddle? )

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

This article appears in: Investing , Stocks
More Headlines for: DE , GS , SWC , YPF , ZLC

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