Investor Beat, Oct. 29, 2013
The following video is from Tuesday's Investor Beat, in which host Chris Hill and Motley Fool analysts David Hanson and Michael Olsen dissect the hardest-hitting investing stories of the day.
Even though Apple posted fourth-quarter numbers that beat on earnings and revenue with a profit of $7.5 billion, Mr. Market wasn't impressed, and the stock sold off slightly. Does this represent a great time to buy this consumer tech giant, or is Apple's future less bright than it used to seem? In the lead story on today's Investor Beat, our analysts discuss the future of Apple.
Then, Mike and David discuss four stocks making moves on today's market. Shares of BP hit a 52-week high today, with third-quarter profits falling 34% and the company increasing its quarterly dividend. Pfizer moved upward after cost-cutting measures proved effective in bringing in higher than expected profits. Sears Holdings was up on the news that the company is thinking about spinning off its Lands' End brand. And 1-800-Flowers increased both its first-quarter sales and its losses.
Finally, the guys tell investors why they'll be keeping a close eye on shares of WellPoint and Visa this week.
The tech war rages on
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The article Investor Beat, Oct. 29, 2013 originally appeared on Fool.com.Chris Hill owns shares of Pfizer. David Hanson owns shares of Apple. Michael Olsen, CFA has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Apple, Visa, and WellPoint. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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