Investor Beat: October 7
The following video is from Monday's edition of Investor Beat, in which host Chris Hill and Motley Fool analysts Jason Moser and Bill Barker dissect the hardest-hitting investing stories of the day.
The shutdown of the U.S. federal government is entering its second week, but perhaps even more concerning for investors is the coming debt ceiling debate. If the debt ceiling isn't raised and America begins defaulting on its debts, the consequences could be dire. In the lead story on today's Investor Beat, Jason and Bill discuss just how bad default would be and why not raising the debt ceiling has no upside.
They also discuss four stocks making big moves today. Applegets an upgrade from Jefferies, with a price target of $600. Cooper Tirefalls on news that its acquisition by rival Apollo Tyres may be up in the air. Liquidity Services is down big today as the online marketplace for surplus goods gets a downgrade from Bank of America. And sandwich shop Potbelly continues its incredible run since its IPO on Friday.
And finally, our analysts share why they'll be watching shares of Fastenal Company and Yum! Brands as earnings season begins.
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The article Investor Beat: October 7 originally appeared on Fool.com.
Bill Barker owns shares of Apple. Chris Hill and Jason Moser have no position in any stocks mentioned. The Motley Fool recommends Liquidity Services and Moody's. It recommends and owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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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