New Stock Coverage: Time to Shop at Casey's General Stores, Inc.

By Justin Sharon,

Shutterstock photo

A two-time Sports Illustrated swimsuit issue supermodel, whose ascendancy has been good for equities , turned the legal drinking age yesterday , only to find Mr. Market suffering a serious hangover from Friday's festivities. (Ms. Upton's many suitors could have done worse than buy her some shares of Punch Taverns ( PCTVY ), with the British pub owner's 3.9% surge being one of the standouts of an otherwise dull day.)

A new study showed that listening to music while driving isn't a distraction , but Apple Inc. ( AAPL ) continues to drive investors up the wall, slipping some 0.66% even as it unveiled iRadio. The Cupertino company now has only faint misty water-colored Memories , to quote the dulcet tones of Barbra Streisand, as a reminder of its all-time high in September. Barbra herself was just badly dissed by Seth Rogen , but as consolation, Boulder Brands ( BDBD ) jumped 6.27%. The firm best-known for its Smart Balance spreads is indeed proving itself to be just " like buttah ."

On a day that was much more pauper than prince, Burger King ( BKW ) put in a regal showing, advancing 1.69% to an all-time best. And speaking of sovereigns, hard on the hoofed heels of a thoroughbred named Palace Malice winning the Belmont Stakes, Standard & Poor's - which tends to act only after the horse has bolted - raised the US credit outlook to an appropriately equine assessment of "stable."

Today in economics, April wholesale inventories are out at 10:00 a.m. Eastern. On the earnings front, Medical Action ( MDCI ), Prada (PRDSY), and Ulta Salon, Cosmetics & Fragrance (ULTA) are each expected to report results.

Alnylam Pharmaceuticals, Inc. (ALNY): Morgan Stanley starts the stock at Overweight.

Bioamber Inc (BIOA): The chemicals company is begun with an Outperform at Credit Suisse.

Casey's General Stores, Inc. (CASY): CASY gets covered with a Buy rating and $73 target price at Benchmark, which highlights both earnings growth potential and operating margin expansion.

Diamondback Energy Inc (FANG): FANG is a fresh Buy at Topeka.

ING US Inc (VOYA): The recent initial public offering is a new Neutral at Goldman Sachs.

Restoration Hardware Holdings Inc (RH): Jefferies begins Buy-rated research on the stock.

Tableau Software, Inc. (DATA): Shares are begun with a Market Perform and $57 price objective at BMO Capital Markets, which notes its license sales growth rate is decelerating.

(See also: Stock Upgrades: Disney Tries to Engineer a Turnaround Tuesday and Stock Downgrades: Dark Day for Lululemon .)

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
Referenced Stocks: AAPL , BDBD , BKW , MDCI , PCTVY

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