Apple Adds to iPad Lineup and 3 Hot Stocks Changing Hands Today
Apple Inc. (NASDAQ:AAPL): Current Price: $457.65
On Tuesday, the company added a new member to its iPad line which offers a 9.7-inch Retina iPad with 128 gigabytes of storage, doubling the tablet’s previous max capacity. All other information about Apple’s tablet continues to be the same, including the dual-core A6X processor, 2 gigabtyes of RAM, and 10 hours of battery life.
AT&T, Inc. (NYSE:T): Current Price: $34.50
Mobile business has seen a benefit from a recent rise in AT&T sales. The rise in smartphones and mobile plans indicates a bigger audience and additional opportunity for small businesses.
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Ford Motor Co. (NYSE:F): Current Price: $12.99
Ford stated, “Since providing guidance in October, Ford’s outlook for industry volume has deteriorated. Ford now expects industry volume to be in the lower end of the range of 13 million to 14 million units. In addition, Ford is being adversely impacted by higher pension costs due to lower discount rates and a stronger euro. As a result, Ford now expects full year 2013 results for Ford Europe to be a loss of about $2 billion, compared to prior guidance of a loss about equal to 2012. The business environment remains uncertain, and Ford will continue to monitor the situation in Europe and take further action as necessary.”
DR Horton Inc. (NYSE:DHI): Current Price: $23.42
The company reports Q1 revenue totaling $1.23 billion, consensus $1.1 billion. Also, net sales orders for the Q1 that ended on December 31, 2012 rose 39 percent to 5,259 homes from 3,794 homes in the previous year’s quarter. Ford’s cancellation rate for the Q1 of fiscal 2013 was 22 percent. The Company’s sales order backlog of homes under contract at December 31, 2012 saw a 62 percent rise to 7,317 homes from 4,530 homes at December 31, 2011.
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