In this video from Tuesday's Investor Beat, host Chris Hill and Motley Fool analyst Jason Moser dig through the biggest stories for investors from the market today.
Though Apple sold a record-breaking 51 million iPhones as well as 26 million iPads in its most recent quarter, Wall Street was looking for even stronger sales growth, and shares were down on the news. In the lead segment on today's Investor Beat, the guys discuss the similarities between Apple today and Microsoft circa 2004, and talk about why Apple may need a new product fast if it wants to hold on to its pricing power. Jason also discusses whether Apple looks like a buy to him at today's price.
Then, the guys look at three stocks making moves on the market today. Shares of Ford fell somewhat, despite the company's report of a solid quarter, with sales up, overall profit at just over $3 billion, and seemingly strong profit margins. Cliffs Natural Resources popped after hedge fund Casablanca Capital took a 5% stake and called for Cliffs to spin off its international assets to create value for shareholders. The stock was the worst performer of the year in the S&P 500 last year. And, Corning's Q4 profits came in higher than expected, but shares were down after the company warned that LCD glass prices would decline in the current quarter.
And finally, Jason discusses Facebook's upcoming earnings tomorrow, and what the most important things for investors to watch for are over the next 24 hours.
Chris Hill and Jason Moser have no position in any stocks mentioned. The Motley Fool recommends Apple, Corning, Facebook, Ford, and General Motors and owns shares of Apple, Corning, Facebook, Ford, and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.