7 Stocks you need to know for Wednesday
Warning that selling in the stock was "overdone", Goldman Sachs (GS | Quote | Chart | News | PowerRating) suggested that Apple (AAPL | Quote | Chart | News | PowerRating) should reach $145 per share over the intermediate term.
Representative of the bullishness in tech stocks on Tuesday, Research in Motion (RIMM | Quote | Chart | News | PowerRating) gained more than 10%, largely retracing Monday's losses.
Gapping down more than 9 points on the open, shares of Wachovia (WB | Quote | Chart | News | PowerRating) nevertheless rallied all day on Tuesday, finishing the session up more than 90%.
Huntsman (HUN | Quote | Chart | News | PowerRating) soared by more than 70% on news that a judge had ordered Hexion Specialty Chemical Company to honor a $6.5 billion buyout agreement to purchase the chemical company.
Bank of America (BAC | Quote | Chart | News | PowerRating) was one of the few Dow stocks to have a positive September. BAC was up more than 15% on Tuesday.
Shares of Sovereign Bank (SOV | Quote | Chart | News | PowerRating) soared by more than 80% on news that the savings and loan was replacing its CEO.
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