At the halfway point of the trading day, the Dow Jones Industrial Average
This week is expected to be slow as the summer comes to an end. The big news comes Friday: Federal Reserve Chairman Ben Bernanke has a speech in Jackson Hole, Wyo., where investors hope his remarks will give insight into any possible moves from the Fed. However, some investors think he is likely to wait to announce anything till after the German constitutional court decides whether the EU bailout fund is legal.
In any event, stocks are up very slightly today. A few are leading the Dow.
Today's top three
- Today's Dow leader is Wal-Mart Stores
up 0.85% (or $0.62) to $72.73. The retail behemoth posted its Q2 earnings two weeks ago. The company missed analysts' expectations on sales growth but slightly beat on earnings per share. Same-stores sales were up 2.2% versus expectations of 2.7% growth. Earnings per share were a penny above expectations of $1.17. With the mixed numbers -- and consumers hurting -- Fool analyst Austin Smith believes Wal-Mart is overrated and there are better places for your money. Click here to find out more. (NYSE: WMT)
is up 0.81% (or $0.72) to $89.64. There's no real news pushing the stock up… unless investors are super jazzed that the company will be expanding into Siberia (no joke). That won't be enough to offset McDonald's lackluster same-store sales. Analyst Austin Smith recently laid out three reasons to sell McDonald's. Watch the video here. (NYSE: MCD)
is up 0.70% (or $0.22) to $30.78. Microsoft is up on the news of Apple's legal victory over Samsung. Analysts speculate that the decision will turn manufacturers away from developing Android products and toward developing Windows-based products. Microsoft's Windows operating system is backed by some significant patents which Android makes use of (and Android developers pay Microsoft for). This would not only affect mobile phones but would hopefully also translate into market share gains for Microsoft in the tablet arena. Fool analyst Evan Niu took an in-depth look at the Apple vs. Samsung decision and its implications for the mobile phone space. As Microsoft marketing exec Bill Cox said, "Windows Phone is looking gooood right now ." Click here for Evan's analysis. (Nasdaq: MSFT)
The best approach
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