Buzz Stocks: Twitter Inc, Bank of America Corp, and Apple Inc.

Today's stocks to watch in the news include Twitter Inc (NYSE:TWTR), Bank of America Corp (NYSE:BAC), and Apple Inc. (NASDAQ:AAPL)

by Josh Selway

Published on Jun 15, 2016 at 9:26 AM

Dow futures are hinting at a positive open, as stocks look to rebound ahead of today's Fed decision. Among the equities in focus today are social media stock Twitter Inc (NYSE:TWTR), bank stock Bank of America Corp (NYSE:BAC), and tech giant Apple Inc. (NASDAQ:AAPL)

  • BAC has picked up 0.7% ahead of the open, amid reports the company is planning to cut up to 8,000 retail jobs. It's been a rough year for the bank stock, which has lost over 21% in 2016 to trade at $13.26. Regardless, options traders have remained upbeat, and so have analysts. In fact, 15 of the 20 brokerage firms covering Bank of America Corp recommend buying it, with not a single "sell" rating on the books. 
  • AAPL is edging higher in pre-market trading, as Japan's Nikkei reported the company is considering music production to help its Apple Music business. The stock closed at $97.46 on Tuesday, falling over 13% since its year-to-date high of $112.39 in mid-April. Options traders are still betting on a breakout, though. More specifically, call buying has outpaced put buying during the past two weeks at the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX). 
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