S&P Winners: Apple, Textron, CA
The S&P 500 (NYSEARCA:SPY) is down by 0.18% today and stands at 1,312. Here are three notable stocks that are experiencing large gains today.
Textron Inc. (NYSE:TXT) is up big after a very positive Q4 report. The firm expects an EPS between $1.80 and $2.00 for the year, as opposed to the $1.66 consensus. The company expects most of its 2012 growth to come from Bell and Cessna.
CA (NASDAQ:CA) EPS for its FQ3 report came in at $0.65, which was 11 cents above the consensus. The company announced plans to increase its dividend from 20 cents a share to $1 a share by 2014.
Apple (NASDAQ:AAPL) continues to inspire superlatives with its earning results. Apple is once again the biggest company in the world based on market capitalization, edging out Exxon Mobil. One way of looking at Apple is that Jobs’ vision of integrated products with both elegant function and form was finally fulfilled, as technology finally caught up to this vision. Hudson has set a price target of $700, and if Apple TV delivers the goods, who knows?
Investing Insights: Piper Jaffray: Apple Should Trade Above $600 a Share