Investing
Weak Market, Strong Stocks Again (AOL, ABCO, PPO, KO, KFT, MO, RAI)
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This morning we ran a list of stocks which actually closed up 2% or more yesterday during the sell-off waves. We looked through the list of about 20 stocks, and of those listed only three closed up today: AOL Inc. (NYSE: AOL) closed up +2.6% Thursday and closed up 0.37% at $21.76 today after a late day recovery. The Advisory Board (NASDAQ: ABCO) rose by +11% Thursday, and rose 2% to $38.09 today. Polypore International Inc. (NYSE: PPO) +15% Thursday, rose another 1.44% to $19.68 today.
Off of our “Defensive Stocks” listed today, only four of our sixteen go-to stocks closed up: The Coca-Cola Company up 0.7% at $52.67; Kraft Foods Inc. (NYSE: KFT) up 2.9% at $30.07; Altria Group, Inc. (NYSE: MO) up a whopping penny at $20.76; and Reynolds American Inc. (NYSE: RAI) up 1.2% at $52.17.
JON C. OGG
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