New Stock Coverage: Steal Her Heart With Pandora This Valentine's Day

By Justin Sharon  FEB 11, 2014 9:19 AM

Wall Street ratings agencies set the tone for today's stock market.

 


Stocks didn't exactly light it up for Jim Cramer's birthday. But, as the Mad Money host has recently morphed from being a man in a major hurry to one who instead advises us to "Get Rich Carefully," he would likely have loved yesterday's unbelievably boring action in equities. Admittedly, markets did move up for a third straight session, but blue chips barely budged, with Dow Industrials (INDEXDJX:.DJI) edging up all of 7.71 points as investors opted to await Janet Yellen's testimony today. Hasbro (NASDAQ:HAS) provided some excitement, increasing 4.53% to top the S&P 500 Index (INDEXSP:.INX). This, after the My Little Pony producer offset a 16% slump in boys' toys with a 19% increase in girls' preferred playthings. (Even if, in the case of that equine toy, it is becoming increasingly difficult to tell the twain apart.) Twitter (NYSE:TWTR), which slid 16% last week, continued to disappear down the drain in tumbling another 2.63%. Fear not, however, for fully 40% of young 'uns won't be parted from their social media even in the toilet. This addiction apparently even applies to broken bathrooms at the Olympics. As for those distressed babies, they seem to be doing just fine. The tiny tots of E*Trade's (NASDAQ:ETFC) commercials inspired another 1.78% advance in that equity, and Bebe stores (NASDAQ:BEBE) bounced up 5.90%. The same could not be said for Tiny Tim at AOL Inc. (NYSE:AOL), however, as his stock slumped 3.21%. And household products powerhouse Helen of Troy (NASDAQ:HELE), famous for its curling irons, surged 7.09% to the highest level in its entire history. This, on the very day we lost a curly-haired cutie who did more than FDR ever managed to get America out of the depths of its Great Depression. Rest in peace, Shirley Temple.

Today in economics, analysts expect an uptick in December 2013 wholesale trade data at 10:00 a.m. Eastern. In earnings action, Barclays (NYSE:BCS), TripAdvisor (NASDAQ:TRIP), and Western Union (NYSE:WU) all release results.

AT&T (NYSE:T): The telecom titan, a key Dow component, is begun with a Buy at Drexel Hamilton.

Costco (NASDAQ:COST): Shares of the big box retailer are up this morning after being picked up with a Buy at Prime Executions, whose price objective is $130.

Hilton Worldwide (NYSE:HLT): Susquehanna has a Positive opinion, and $26 target price, on the hotel stock.

Inventure Foods (NASDAQ:SNAK): Shares are initiated at an Outperform with Wedbush.

Mettler-Toledo (NYSE:MTD): Wells Fargo assigns the equity a Market Perform.

OncoMed Pharmaceuticals (NASDAQ:OMED): Highlighting the company's potential in oncology stem cells, Mizuho starts the stock at a Buy. Its objective is $45.

Pandora (OTCMKTS:PNDZY): Fellas, win her heart this Friday with Pandora. (The Danish jeweler, not Pandora (NYSE:P) Internet radio, a subscription to which might not be so well received as a gift.) Today Citigroup rolls out coverage with a bullish Buy rating.

Thermo Fisher (NYSE:TMO): JPMorgan covers the company at Overweight.

Verizon (NYSE:VZ): Drexel Hamilton has a Hold on the Dow member.

Xilinx (NASDAQ:XLNX): The tech name is a new Buy at MKM Partners.

Disclosure: Minyanville Media has a business relationship with E*Trade.

See also:

Stock Upgrades: Bronx Boy Ralph Lauren Steals Brooklynite Janet Yellen's Thunder


Stock Downgrades: US Steel Sinks Like Lead Balloon
No positions in stocks mentioned.

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