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Top Financial Stories June 9- June 13

 By Carly Forster

1.       Apple

On Monday, June 9, Apple (AAPL)  split their stock shares in a 7-1 ratio, making the stock more affordable for the average investor while, in turn, issuing more shares to existing investors. So is now the time to BUY Apple shares?  Top analysts weigh in.

 

2.       Intel

Intel (INTC) is working on creating a chipset for “wearable” devices.  Does this mean that the tech company will “jump ahead” of their competition ? While analyst consensus is HOLD, 5-star analyst consensus is a MODERATE BUY

 

3.       Wal Mart

Wal-Mart (WMT) held a star studded bash at their annual shareholders with an audience of 14,000 people and they revealed their plans to grow Savings Catcher, its new price comparison service, nationwide starting this summer. So, why are analysts recommending SELL or HOLD? Click here to find out.

 

4.       Netflix

Netflix (NFLX) recently bounced back from a two-month downturn, jumping 40% in the last five weeks, with its stock price going from $300 to about $430. Is the jump due to company’s announcement that it will be expanding to six new markets in Europe this coming fall? See which analysts say BUY and which say HOLD.

 

5.       Western Digital

Western Digital (WDC) announced that they will be launching their WD TV Personal Edition Media Player at Rs. 7,999, a digital media player that connects to a television via an HDMI cable, in India in August. The digital media player is meant to bring content from a computer back to the television screen. The WD TV Personal Edition Media has streaming apps such as YouTube, Spotify, Vudu, Slingbox, Aol HD, Hulu Plus, and many more. Will this entice people to BUY?

Carly Forster writes about stock market news. She can be reached at Carly@tipranks.com

 

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