3 Stocks New To Argus' Selector Focus List
In a conference call with clients Wednesday morning, Argus President John Eade spoke up some of the new additions to Argus' Portfolio Selector Focus List.
Here are three of those stocks with a summary of Eade's comments:
- eBay Inc (NASDAQ: EBAY) - Reminding investors that Argus recently raised its eBay price target to $36, implying 16 percent upside from $31.11 where shares opened Wednesday, Eade said the electronic marketplace has more room to run.
- Invesco Ltd (NYSE: IVZ) - Expecting Invesco to benefit from slowly rising interest rates, Argus highlighted the company's innovative Powershares ETFs
- Packaging Corporation of America (NYSE: PKG) - This cardboard manufacturer is a supplier to Amazon.com, Inc. (NASDAQ: AMZN), which is one of the reasons Argus likes it so much, saying it can be treated as sort of a backdoor play on e-commerce.
Latest Ratings for EBAY
|Jan 2017||Aegis Capital||Initiates Coverage On||Buy|
|Oct 2016||Hilliard Lyons||Upgrades||Long-Term Buy||Buy|
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