Q2 STOCKS TO BUY

Buzz Stocks: Amazon.com, Inc., Cabelas Inc, and Mylan NV

Today's stocks to watch in the news include Amazon.com, Inc. (NASDAQ:AMZN), Cabelas Inc (NYSE:CAB), and Mylan NV (NASDAQ:MYL)

Dec 30, 2016 at 9:25 AM
facebook X logo linkedin


Heading into the last trading day of 2016, U.S. stock futures are signaling a positive open. Among specific equities in the spotlight today are online retail giant Amazon.com, Inc. (NASDAQ:AMZN), outdoors fanatic Cabelas Inc (NYSE:CAB), and EpiPen maker Mylan NV (NASDAQ:MYL). Here's a quick look at what's driving AMZN, CAB, and MYL.

  • AMZN is in the news this morning, thanks to reports the company -- along with Wal-Mart Stores, Inc. (NYSE:WMT) -- is being sued by the founder of music group Run-DMC for selling products related to the group without its permission. Regardless, the stock is edging higher in electronic trading, looking to add to its 13.2% year-to-date lead, last seen at $765.15. And heading into the new year, it's hard to find any skepticism directed toward Amazon.com, Inc. For example, 27 of 30 analysts say to buy the shares

  • CAB has slipped 7.3% in pre-market trading, after the company disclosed the Federal Trade Commission (FTC) has requested additional information (subscription required) related to its planned merger with Bass Pro Shops. However, the company still says it plans to be cleared by U.S. and Canadian regulators in the first half of 2017. The stock has been hovering just beneath Bass Pro Shops' takeover offer of $65.50 per share in recent weeks, finishing Thursday at $61.68. If the pre-market losses come to fruition, Cabelas Inc would open at $57.20 -- still higher than where it was trading before the merger was announced, but also representing the stock's largest percentage drop in 10 months. 

  • MYL has added 2.2% ahead of the open, after the drugmaker announced it's launching a generic version of Johnson & Johnson's (NYSE:JNJ) Concerta. The stock needs the boost, as its failed to recover from the EpiPen drama that sent the shares stumbling back in August, with MYL closing Thursday at $37.38. Even so, analysts have remained bullish on Mylan NV. At the moment, seven brokerage firms say the stock is a "strong buy," while zero have issued "sell" ratings. 

Stay on top of overnight news & big morning movers. Sign up now for Schaeffer's Opening View.

 
 

“Buy This Stock Now!” - Expert Who Called 11x On TSLA

He called a rare 11x on Tesla…

But now, thanks to Elon & Trump’s new alliance…

He says there’s a new opportunity that could be 1,000x BIGGER than Tesla – and it could completely revolutionize a $23 Trillion market.

It’s trading for less than $5 per share right now…

But it won’t be under the radar for long.

Discover The 1,000x Bigger Elon Opportunity Here

GRAND SLAM COUNTDOWN

 
 

Featured Articles from Trusted Partners:

👀Learn How Dividends Create Passive Income for Life
Receive $200 Off Motley Fool Epic. The Motley Fool Epic $299 discounted offer is based on $499/year list price. Introductory promotion for new members only. Take control of your money and your portfolio with Motley Fool Epic.

💵New Income System Could Pay You $4,243 Monthly
You could collect an average of $4,243 per month starting as early as next week with a new payout system for income investors. New registrations are being accepted for investors who want to be in a position to start with their first payout next week.

🚀Easy 92% Crypto Dividends (No Coins Required)
COIN stock doesn't pay a dividend... But there's actually a new way to collect a massive dividend that's indirectly based on the stock and offers a terrific monthly income (currently yielding nearly 92% on a forward basis).

🤝Free Advisor Match with Wiseradvisor.com
Don't leave your retirement to chance! Get matched with a trusted financial expert for FREE and make the most of your tax refund. Get started now.

⚠️Dennis Quaid's #1 Warning for Americans
Here's the thing: life doesn't come with guarantees. The economy shifts, markets stumble, and years of hard work could slip through your fingers like sand. But it doesn't have to be that way for you. So request a free copy of this Gold & Silver Guide that will arrive right to your doorstep when you act now.

 

 
 

Follow us on X, Follow us on Twitter