Wall Street Fundamentals Releases New In-Depth Stock Reports on EMC, PFE, VRZ and XRXadmin
U.S. markets rose for the first time in 2014 on news that the U.S. trade deficit shrank to a four-year low. The Dow Jones Industrial Average gained 0.64 percent to close at 16,530.94, while the S&P 500 Index gained 0.61 percent to close at 1,837.88. The trade deficit fell 12.9 percent to $34.3 billion, well short of economists’ forecasts of $40.0 billion. “With a continuation of strong data from the end of last year, people are starting to think maybe 2014 will be a breakout year for the economy,” said Nick Sargen, chief investment officer at Fort Washington Investment Advisors.
EMC Corporation (NYSE: EMC) shares traded in the range of $24.90 to $25.58 Tuesday before settling to close at $25.55, an increase of 2.78 percent. The stock appears to be facing some resistance at the $25.64 and $26.17 levels with some support at $25.39. Shares of EMC have gained approximately 5.0 percent in the past year.
More information on EMC and access to the free equity report can be found at:
Pfizer Inc. (NYSE: PFE) shares traded in the range of $30.74 to $31.02 Tuesday before settling to close at $30.74, an increase of 0.62 percent. The stock appears to be facing some resistance at the $30.95 and $31.21 levels with some support at $30.64. Shares of Pfizer have gained approximately 18.0 percent in the past year.
More information on Pfizer and access to the free equity report can be found at:
Verizon Communications Inc. (NYSE: VZ) shares traded in the range of $48.58 to $49.40 Tuesday before settling to close at $49.30, an increase of 1.25 percent. The stock appears to be facing some resistance at the $49.48 and $49.90 levels with some support at $48.83. Shares of Verizon Communications have gained approximately 11.0 percent in the past year.
More information on Verizon Communications and access to the free equity report can be found at:
Xerox Corporation (NYSE: XRX) shares traded in the range of $12.09 to $12.23 Tuesday before settling to close at $12.19, an increase of 0.83 percent. The stock appears to be facing some resistance at $12.24 with some support at the $12.12 and $12.00 levels. Shares of Xerox have gained approximately 70.0 percent in the past year.
More information on Xerox and access to the free equity report can be found at:
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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor’s reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.
Posted: January 8th, 2014 under ACCESSWIRE.