The following video is from Thursday's edition of Investor Beat, in which host Chris Hill, and Motley Fool analysts Jason Moser and David Hanson, dissect the hardest-hitting investing stories of the day.
The U.S. Government shutdown has ended, and furloughed workers are returning to work. But with the "solution" only considered to be a stop-gap measure that kicks the can down the road until these debates reopen in January, could workers be facing another shutdown at the beginning of 2014? In the lead story on today's Investor Beat, Jason and David discuss why some investors could be holding on to some cash this quarter, and why eBay's earnings suggest that the retail sector could take a hard hit if that trend plays out. Jason then suggests that such a pullback could be a very interesting buying opportunity for investors with stocks on their wishlists.
Then, the guys discuss four stocks making big moves on today's market. Shares of Goldman Sachs fell on news that fixed-income revenue took a 44% hit for the quarter. Profits came in at more than $4 billion for IBM, but the market expected more, and shares took a hit. eBay met third-quarter expectations, but lowered guidance sharply for the fourth quarter, which sent shares lower. And American Express hit a new all-time high after a third-quarter profit expectations beat.
Finally, David and Jason tell investors why they'll be keeping a close watch on shares of First Niagara Financial Group and Chipotle Mexican Grill.
Chris Hill owns shares of Chipotle Mexican Grill and eBay. David Hanson owns shares of Goldman Sachs and American Express. Jason Moser owns shares of Chipotle Mexican Grill. The Motley Fool recommends American Express, Chipotle Mexican Grill, eBay, and Goldman Sachs. The Motley Fool owns shares of Chipotle Mexican Grill, eBay, and International Business Machines. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.