7 Super Hot Stocks: Boeing Inks $18 Billion Deal While Buffett Spends $10.7 Billion on IBM

Shares of Boeing (NYSE:BA) are up more than 3% after announcing the largest dollar-value order in its history.  Boeing has signed an $18 billion deal with Emirates to supply the airline with 50 aircrafts.

International Business Machine (NYSE:IBM) received a billionaire endorsement from Warren Buffett (NYSE:BRKA).  In an interview with CNBC, Buffett announced he has accumulated $10.7 billion  in IBM shares at an average price of $170 per share.  IBM shares are currently popping 1% before the opening bell.

J.C. Penny (NYSE:JCP) is down 3% after reporting a third quarter loss.  The company reported a loss of $143 million (67 cents per diluted share) in the quarter. The department store had net income of $44 million or 19 cents per share in the year earlier quarter.

Investing Insights: J.C. Penney Earnings Cheat Sheet: Swinging to a Loss After Two Quarters of Profit.

Intel (NASDAQ:INTC) and Mastercard (NYSE:MA) are trading lower after forming a multi-year collaboration to enhance online shopping security and payment options.  “Our goal is to enable users of Ultrabook devices and future generations of Intel-based PCs to enjoy the convenience of e-commerce while making online payments safer from malware and hackers with the advanced security capabilities of Intel Identity Protection Technology,” said George Thangadurai, general manager of Intel’s PC Client Services division.  Shares of Visa (NYSE:V) and American Express (NYSE:AXP) are also trading lower.

Despite four straight quarters of profit drops, shares of Lowe’s Companies Inc. (NYSE:LOW) are edging higher early Monday.  Net income for the home improvement store fell to $225 million (18 cents per share) vs. $404 million (29 cents per share) a year earlier. This is a decline of 44.3% from the year earlier quarter.  Competitor Home Depot (NYSE:HD) is also edging higher before the opening bell. Dig Deeper: Lowe’s Companies Inc. Earnings Cheat Sheet: Four Straight Quarters of Profit Drops.

Coca-Cola (NYSE:KO) is trading slightly lower after announcing it will invest $2 billion in India over the next five years.  The investment is aimed at capitalizing on the opportunity in the Indian non-alcoholic beverage market.  Shares of Pepsi Inc. (NYSE:PEP) are also trading lower.

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