Stocks Continue to Rally; Mastercard Shares Rise on Earnings
The major indices have surged higher once again. The
Nasdaq is leading higher with a gain of 0.8% in early trading. Wynn
Resorts
(
WYNN |
Quote |
Chart |
News |
PowerRating) is one of the leaders in the Nasdaq 100 with a gain of
3.3%.
Mastercard Inc.
(
MA |
Quote |
Chart |
News |
PowerRating) first-quarter profit surged 70%
to $214.9 million up from $126.7 million in the same quarter last year. MA
shares are up 11%. Time Warner Cable
(
TWC |
Quote |
Chart |
News |
PowerRating) reported Q1
profits that were up 16% over the year ago period. TWC shares rise by
2.2%.
PepsiCo
(
PEP |
Quote |
Chart |
News |
PowerRating) increased its annual dividend by 25%
and announced a stock buyback worth up to $8 billion through mid-2010. PEP
shares gain 0.6% in early trading.
For more stocks
to watch, see
TradingMarkets 7 Trading Ideas for Today.
Today‘s
PowerRatings Heat Map is starting to become more bullish across many
sectors. The sector with the highest amount of high PowerRatings stocks is
the Metals and Mining sector, shown here:
Today’s featured
list comes from our
PowerRatings
Top 10 Most Requested Stocks. These stocks have been the most
requested over the past 24 hours.
For a free PowerRatings trial,
click here. If
you have any questions about PowerRatings or the new Stock Indicators please
feel free to email us or call 213-955-5858 ext 1.
Darren Wong
Associate Editor
darrenw@tradingmarkets.com
Reminder: We are in no
way recommending the purchase or short sale of these stocks. This article is
intended for education purposes only. Trading should be based on your own
understanding of market conditions, price patterns and risk; our information is
designed to contribute to your understanding.