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Ticker Shock: Mastercard, ADM, Walgreen's Looking Good Long-Term


Tuesday's top stories and stocks with potential to move.


Finally, it's Election Day - no more annoying political commercials starting tomorrow.

Asia was a mixed bag, with the Hang Seng off a little over 2%. But the Nikkei was up more than 6%, and Europe is showing me the green. As for the Dow, it's in the green as well.

Mastercard (MA)
At the close, Masterccard, which needs absolutely no introduction to this capitalist-loving audience that I love, reported its third-quarter numbers.

Can you say ka-ching?

The New York-based company earned $2.47 a share, excluding charges. That's well north of the $2.25 a share the Street had been expecting. The stock opened higher on the news, and I do think it will close higher.

However, I'd rather wait for a little bit of a pullback before jumping in. I like the stock, and think it will fare well over the long haul. However, I do remain concerned that the shares could get pinched if the economy takes a turn for the worse.

Viacom (VIA)
After the bell yesterday, Viacom released its third-quarter numbers.

The media company had reportedly had adjusted earnings of $0.55, in line with expectations. Overall, though, I don't feel like I have to go out and buy the stock - though it does trade at about 9 times its current-year estimate of $2.51 per share. Don't hate me, Viacom bulls, but I just think there are better opportunities out there.

By the way, insiders: If the stock was such a bargain, where were you?
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No positions in stocks mentioned.

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