Buzz Stocks: Tesla Motors Inc, Chesapeake Energy Corporation, and Canadian Pacific Railway Limited (USA)

Today's stocks to watch in the news include Tesla Motors Inc (NASDAQ:TSLA), Chesapeake Energy Corporation (NYSE:CHK), and Canadian Pacific Railway Limited (USA) (NYSE:CP)

Aug 4, 2016 at 10:28 AM
facebook X logo linkedin


U.S. stocks were higher after Bank of England (BoE) announced an interest rate cut, but have since retreated into the red. Among equities in focus today are electric vehicle maker Tesla Motors Inc (NASDAQ:TSLA), natural gas company Chesapeake Energy Corporation (NYSE:CHK), and railroad stock Canadian Pacific Railway Limited (USA) (NYSE:CP).

  • CP is down 3.6% at $142.05, on news that activist investor Bill Ackman's Pershing Square Capital Management LP had sold its entire stake in the company. According to Ackman, CP "has completed an incredible transformation" since his 2011 investment, and he sees "continued success" for CP's future. Canadian Pacific Railway Limited (USA) has more than tripled since its 2011 low, but is still 35% off its 2014 high north of $220. Analysts seem largely positive toward the stock, with 67% rating CP a "buy" or better, and without a single "sell" on the books.

Don't miss the market's next move! Sign up now for Schaeffer's Midday Market Check

 

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI