Walgreens: A Weak Stock Is A Weak Stock

Walgreens Boots Alliance Inc WBA 0.07% traders experienced some crazy trading action Wednesday following the company’s third-quarter earnings beat. The stock quickly bounced back from its intraday sell-off, but the Walgreen’s technical picture is still pretty ugly at the moment.

3 Factors That Won Apple’s Stock A New Bull

Apple Inc. AAPL 0.56% stock is already up more than 35 percent year-to-date, but HSBC analyst Steven Pelayo says it’s not too late for buyers to jump into the stock. In fact, HSBC has initiated coverage of Apple with a Buy rating, and Pelayo sees at least three catalysts for the stock to trend higher in coming months.

IBM Falls Into Danger Zone

International Business Machines Corp. IBM 0.1% investors were treated to a huge 8.8 percent gain last Wednesday following a major third-quarter earnings beat. IBM bulls were thrilled when the rally continued for another two days, with the stock gaining 0.8 percent on Thursday and 0.7 percent on Friday to reach its highest level since April.