Buzz Stocks: Comcast Corporation, Chipotle Mexican Grill, Inc, and Boeing Co

Today's stocks to watch include Comcast Corporation (CMCSA), Chipotle Mexican Grill, Inc (CMG), and Boeing Co (BA)

Apr 27, 2016 at 11:23 AM
facebook twitter linkedin


U.S. stocks fell at the open today, after a round of disappointing big-cap earnings reports and before today's Federal Open Market Committee (FOMC) policy announcement. Among equities in focus today are media conglomerate Comcast Corporation (NASDAQ:CMCSA), food chain Chipotle Mexican Grill, Inc (NYSE:CMG), and Dow stock Boeing Co (NYSE:BA)

  • CMCSA initially jumped to a 2016 high of $62.79 -- roughly 2 points short of its all-time peak of $64.99, tagged in July -- but has since dropped 0.6% to $60.72. CMCSA traders are digesting an impressive earnings report and rumors that the media company is mulling a bid of more than $3 billion for Dreamworks Animation Skg Inc (NASDAQ:DWA). Analysts have already adopted a bullish stance on Comcast Corporation, with 18 of 20 rating it a "buy" or better and without a single "sell" in sight. However, Comcast Corporation's 10-day put/call volume ratio at the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE) and NASDAQ OMX PHLX (PHLX) stands at 4.74, higher than 97% of all other readings from the past year. In other words, option buyers ramped up their bearish bets ahead of earnings.

Sign up now for Schaeffer's Opening View newsletter to get a head start on all the major pre-market news!

What This Election Year Means for Stocks

Ipad with I voted sticker

  


 
Special Offers from Schaeffer's Trading Partners