The Top 3 Stocks This Week

Earnings season got under way this week, and investors are still seeing bullish signs in the tea leaves. The Dow Jones Industrial Average (DJINDICES: ^DJI  ) rose 2.06% on the week, and the S&P 500 (SNPINDEX: ^GSPC  ) was up 2.29%. Alcoa's results were slightly better than expected, and when the Federal Reserve released minutes from its last meeting, the prevailing thought was that quantitative easing would continue well into 2014. So despite some weak employment data last week and disappointing retail sales, stocks were up, led by these three stocks.

Pfizer (NYSE: PFE  ) led the Dow, climbing 5.4% this week. U.S. regulators classified the company's cancer treatment palbociclib as a breakthrough therapy, a rarely used designation. The drug is in late-stage testing as a treatment for breast cancer, and there's growing hope that this could be the next hit for Pfizer. As we get closer to 2014, investors are also becoming less concerned that Obamacare rules will squeeze profits in the health-care industry, which has had a positive effect industry wide.

Home Depot (NYSE: HD  ) was up 5.1% this week after a sizzling move Friday. An analyst upgraded the stock yesterday, and former subsidiary HD Supply filed for an IPO. HD Supply is majority owned by private-equity investors, but Home Depot still owns 12% of the company, so it could cash out once the company is public.

Disney (NYSE: DIS  ) rounds out the top three after a 4.9% gain this week. The company announced the closure of LucasArts last week, and The Wall Street Journal said the company will cut another 150 jobs at its movie studios. The company is reviewing its operations and cutting what it views as fat in the organization. CEO Bob Iger definitely isn't resting on his laurels and is willing to make changes, even at a high price acquisition.

It's easy to forget that Walt Disney is more than just the House of Mouse. True, Disney amusement parks around the world hosted more than 121 million guests in 2011. But from its vast catalog of characters to its monster collection of media networks, much of Disney's allure for investors lies in its diversity, and The Motley Fool's premium research report lays out the case for investing in Disney today. This report includes the key items investors must watch as well as the opportunities and threats the company faces going forward. So don't miss out -- simply click here now to claim your copy today.


Read/Post Comments (0) | Recommend This Article (3)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2362126, ~/Articles/ArticleHandler.aspx, 11/25/2014 8:40:38 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement