Hot Stocks: Master card (NYSE:MA), The Coca-Cola Company (NYSE:KO), Google Inc (NASDAQ:GOOG), International Business Machines (NYSE:IBM)

Posted by on Apr 21, 2014

The global payment services company Master card Inc (NYSE:MA) has acquired Pinpoint, a company that provides loyalty and rewards in Asian-Pacific region. The acquisition is the latest move by Master card to expand market share and diversified into more and promising markets around the world. It also comes at a time when the company seeks to repel intensive competition in its industry. Master card Inc (NYSE:MA) shares after opening at $74.07 moved to $74.82 on last trade day and at the end of the day closed at $74.13. Company price to sales ratio in past twelve months was calculated as 10.54 and price to cash ratio as 12.21. Master card Inc (NYSE:MA) showed a positive weekly performance of 4.16%.

Zacks reiterated their neutral rating on shares of The Coca-Cola Company (NYSE:KO) in a research report released on Wednesday morning, AmericanBankingNews.com reports. Zacks currently has a $42.00 price objective on the stock. The Coca-Cola Company (NYSE:KO) shares advanced 0.32% in last trading session and ended the day on $40.72. KO return on equity ratio is recorded as 26.40% and its return on assets is 9.60%. The Coca-Cola Company (NYSE:KO) yearly performance is -0.44%.

Google Inc (NASDAQ:GOOG) CEO Lawrence Page unloaded 41,666 shares of the stock in a transaction that occurred on Wednesday, April 16th. The shares were sold at an average price of $552.48, for a total value of $23,019,631.68. Google Inc (NASDAQ:GOOG) shares moved down -3.67% in last trading session and was closed at $536.10, while trading in range of $ 531.15 – 549.50. Google Inc (NASDAQ:GOOG) year to date (YTD) performance is -4.00%.

International Business Machines Corp. (NYSE:IBM) had its target price boosted by JPMorgan Chase & Co. from $175.00 to $197.00 in a report issued on Thursday, American Banking & Market News reports. They currently have a neutral rating on the stock. International Business Machines Corp. (NYSE:IBM) weekly performance is -2.90%. On last trading day company shares ended up $190.01. International Business Machines Corp. (NYSE:IBM) distance from 50-day simple moving average (SMA50) is 1.50%. Analysts mean target price for the company is $192.86.

Leave a Reply

Your email address will not be published. Required fields are marked *