Face-Off on Stocks: Tech Companies Hit New Highs. Should You Buy?

Tech stocks have been on a tear recently with shares of Apple and Google up more than 25% since the beginning of September and IBM hitting an all-time high. But are these stocks — even after their run-ups – still buys? Here are the bull and bear cases.

Continue reading Face-Off on Stocks: Tech Companies Hit New Highs. Should You Buy?

Face-Off on Stocks: Tech Companies Hit New Highs. Should You Buy? originally appeared on DailyFinance on Wed, 20 Oct 2010 12:06:00.

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Wells Fargo Earnings Top Street Estimates

Wells Fargo reported net income rose 3% to a record $3.34 billion in the third quarter, thanks to its merger with Wachovia, the bank said. Also, improving credit conditions managed to offset a 7% fall in revenue.
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Morgan Stanley Earnings Come Up Short

The world’s biggest brokerage posted a third-quarter net loss, hurt by special charges and declines in sales and trading activity in a low-volume market. On an adjusted basis, Morgan missed Wall Street’s forecast.
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Boeing Earnings Top Estimates, Boosts Outlook

The airplane maker beat expectations thanks to strong commercial aircraft sales in the third quarter. Boeing also boosted its full-year outlook, sending its shares flying more than 2% higher.
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