Baxter International Inc. (NYSE: BAX) stock was boosted nearly 10% to a 52-week high of $75.68 intraday Thursday after the healthcare giant announced it's splitting into two separate companies.
The two new entities will include one focused on developing and marketing biopharmaceuticals and one concentrated on medical products. The split, expected to be completed by mid-2015, will be a tax-free distribution to Baxter shareholders.
To find out more about these two stocks, click here...
The roller-coaster ride in Plug Power (Nasdaq: PLUG) stock continues….
Shares of the fuel cell system provider surged 49.03% to $8.48 Tuesday on extremely heavy volume of 137.02 million shares. Sending the stock soaring was a MarketWatch piece noting the company's chief executive officer disclosed he was set to announce a major deal in the next few weeks.
"We signed an additional order in North American with a global automaker," MarketWatch reported PLUG CEO Andy Marsh said in a telephone interview Tuesday.
Here's what is next for Plug Power (Nasdaq: PLUG)...
All three indexes are in the red this afternoon, but there are still hot stocks today soaring as much as 130%.
Initial public offerings (IPOs) took center stage Friday, with five debuts. It would have been six if Globoforce hadn't postponed its IPO (citing unfavorable market conditions).
Yet plenty other stocks were also making news. Following are 12 of Friday's hot stocks to watch.
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It's not often that you get a chance to get in on the "ground floor" of an entire new business.
But that's just what you have here.
In the past, you've heard me say that we are living in the "Golden Age of Materials Science." You see, without Miracle Materials – and the science that backs them – we simply wouldn't have some of the unique high-tech products we take for granted: smartphones, electric cars, and new drug therapies just to name a few.
And this is your chance to get in on the ground floor...
Best stocks to buy for the week ending March 7, 2014: Geopolitical concerns in Ukraine sparked a shift to gold, crude, and grains early last week, while stock futures suffered. But as the week unfolded, investors came back to the stock markets with cautious optimism…
All eyes were on the Standard & Poor's 500 Index – it closed at 1,878.04 on Friday, marking its fifth record closing high in the past seven sessions. It increased 1% over the course of the week.
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Alternative energy company Plug Power Inc. (Nasdaq: PLUG) is on an absolute tear, up 334.19% so far in 2014 and 52.61% over the past five days.
On Tuesday, PLUG shares surged 20% to a fresh 52-week high of $7.02 before finishing the session up 15% to $6.99.
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Best stocks to buy for the week ending Feb. 28, 2014: The S&P 500 Index finished February up 4.3% at 1,859.45, its best month since October and its best February since 1998.
The Dow Jones Industrial Average ended February 4% higher, trimming year-to-date losses to 1.5%. And the Nasdaq closed out the month up 5%. The tech-heavy index is up 3.2% in 2014 and sits at a 13 1/2-year high.
Five years ago this Sunday, on March 9, 2009, the S&P 500 closed at 676.58, its lowest level since the start of the 2008 financial crisis. Since then, stock returns have more than tripled.
Toyota Motor Corp. (NYSE: TM) stock fell more than 1% Thursday, following Wednesday's recall of every third-generation Prius the company has sold.
The recall covers 1.9 million vehicles worldwide, including 713,000 in North America. Reportedly, a programming glitch in the hybrid system prompted the recall. The malfunction could shut down the hybrid engine, forcing the vehicle to stop, even if it is being driven.
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While the Dow Jones Industrial Average fell 326 points today, U.S. medical device maker ArthroCare Corp. (Nasdaq: ARTC) handed investors an 8.24% gain…
That's because British medical technology company Smith & Nephew PLC will buy ArthroCare in a $1.7 billion all-cash deal, a move aimed at tackling the growing sports medicine industry.
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Best investments for the week ending Jan. 24, 2014: Stocks tumbled last week as investors fled global markets amid soft data out of China, and traders dumped crumbling emerging market currencies.
Disappointing Q4 earnings from a number of U.S. companies, including Johnson & Johnson (NYSE: JNJ) and Coach Inc. (NYSE: COH), also weighed on markets.
For the week, the Dow dropped 3.5% or 580 points, falling back below the 16,000 level to end at 15,879. The S&P shed 48 points, or 2.6%, slumping below 1,800 to end at 1,790. And the Nasdaq slipped 1.7%, or 69 points, to 4,128.
But Money Morning never slips – investors can always count on us to interpret the big market-moving events, sift through earnings reports, and share the best stocks to buy now.
Here's a recap from last week:
