New Stock Coverage: Time to Put Your Nest Egg in Twitter?

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Not a bad birthday for Charles Henry Dow (INDEXDJX:.DJI), and dude didn't even get a Google ( GOOG ) doodle. ( The guy could use a shave , but with Gillette owner and key blue-chip component Procter & Gamble ( PG ) advancing 1.69% to hit a historic high along with his eponymous index, that shouldn't be an issue.) It will be scant consolation to the 50 million Americans now living in poverty , but US markets keep reaching records. Stocks also surged across the Atlantic, with Danish turbine titan Vestas Wind Systems (OTCMKTS:VWDRY) jumping 15.17% to 167.20 kroner. The pride of Copenhagen will, of course, be all too aware of Hamlet's famous soliloquy informing us, " There is special providence in the fall of a sparrow. " Not sure about that, but a disowned Red Robin ( RRGB ) was seriously plucked, falling 1.63% amid all the green ink. This as Bluebird ( BLUE ) lost another 3.00% to end at an all-time low. Does all this augur ill for Twitter (NYSE: TWTR )? Probably not, for the San Francisco short-messaging service is all set to fly much higher than its initial public offering price of $26. Although frankly, for that price, I'll take Manhattan .

In terms of today's economic events that may move US markets, September consumer credit is expected to show a contraction at 3:00 p.m. Eastern. Regarding specific stocks, Annie's ( BNNY ), Apache (APA), Arena Pharmaceuticals (ARNA), Beazer Homes (BZH), Crédit Agricole (OTCMKTS:CRARY), FireEye (FEYE), Groupon (GRPN), Nvidia (NVDA), Priceline (PCLN), Rocket Fuel (FUEL), Siemens (SI), Walt Disney (DIS), and Wendy's (WEN) are all due to announce earnings.

EasyJet (OTCMKTS:ESYJY): Liberum launches the low-cost European air carrier at a Buy.

Manitowoc (MTW): Shares of the construction machinery company, which fell 4.06% even in yesterday's ebullient market, are initiated with an Outperform at Credit Suisse.

PPL Corp (PPL): Atlantic Equities picks the stock up at Overweight.

TripAdvisor (TRIP): Cantor Fitzgerald has a Hold on TripAdvisor. Over the past 12 months, shares of TripAdvisor have returned a remarkable 156.02%.

Twitter (TWTR): Twitter, today's eagerly awaited initial public offering, is covered with a Buy at Cantor and an equally upbeat Outperform at RBC Capital. Their respective price objectives are $32 and $33. (Please read here for more about the influence of Twitter.)

Sherwin-Williams (SHW): Paint and coating powerhouse Sherwin-Williams is a new Neutral at Sterne Agee, whose target price is $200. Benjamin Moore, close competitor of Sherwin-Williams, is owned by billionaire investor Warren Buffett .

(See also: Stock Downgrades: A Little Bird Tells Me the Canary Just Ate Caterpillar and Stock Upgrades: Who Needs Twitter When There's American Eagle? )



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



This article appears in: Investing , Stocks

Referenced Stocks: BLUE , BNNY , GOOG , PG , RRGB

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