$ IBM- International Business Machines Corp. last closed at 130.09- Bullish (long term)
International Business Machines Corporation (commonly referred to as IBM) is an American multinational technology and consulting corporation, with headquarters in Armonk, New York. IBM manufactures and markets computer hardware, middleware and software, and offers infrastructure, hosting and consulting services in areas ranging from mainframe computers to nanotechnology.
IBM’s stock price has been trading 2.12% lower on the day’s trading after gaining a day’s high of $138.88. There has been a drop in the share prices as global ques remain the major factor for market volatility. IBM was ranked #1 hybrid cloud provider by synergy research and is looking forward towards the new partnership between IBM and North American International Auto Show. Investors and analysts are quite optimistic on the company’s stock price and believe that the prices will bounce back in the near future for the giant manufacturer.
$ WYNN- Wynn Resorts, Ltd last closed at 58.37- Bullish (medium term)
Wynn Resorts Limited is a publicly traded corporation based in Paradise, Nevada that is a developer and operator of high end hotels and casinos. It was formed on October 25, 2002, by former Mirage Resorts Chairman and CEO Stephen A. Wynn. As of 2013, the Company has developed four properties.
Stock price of Wynn Resorts has been trading 13.34% higher on the day’s trade after touching a day’s high of $59.13. Even with its profit dip in Macau, investors see the stock price to grow as the company has indicated a high yield dividend pay. Analysts and experts are bullish on the share price of the resort company and believe it might increase further in the near future. Shares of Wynn Resorts has been playing safely against the global slowdown but edges with a positive sentiment among investors.