FedEx (FDX, Fortune 500) shares rose sharply after the shipping giant announced plans to buy back 32 million shares, bolstering its existing share repurchase program. $FDX the government may be shut down, but retail and corporate america is not! said howardlindzon on StockTwits. Tesla (TSLA) and Microsoft (MSFT, Fortune 500) gained ground after Wall Street analysts upgraded their ratings on the stocks. Meanwhile, Facebook (FB, Fortune 500) shares jumped after Evercore analysts said they believe the social media companys stock will rise to $60 and reiterated their overweight rating. The stock shaved some gains as the broader market slipped into the red. But StockTwits traders seemed optimistic. $FB unless something COMPANY RELATED comes out, all of these macro dips are just noise, said AllEyesOnEd. This name has conviction, use your opportunities. Bullish.
Posted on: Wed, 16 Oct 2013 02:38:44 +0000