The Stocks Wall Street Was Talking About
CNBC.com | October 13, 2012
Analysts and investors weighed in on whether Amazon is a threat to Netflix and whether Wal-Mart can take on Amazon this week. They also discussed their bank and restaurant stock picks.
Find out more in this weekly CNBC.com Stock Blog roundup.
Wall Street analysts are divided on what do with Netflix [ NFLX 64.3335 -1.6465 (-2.50%) ]. Morgan Stanley upgraded to stock suggesting Amazon.com’s online video offering is not a direct threat, while other analysts worry that as media companies put more content online, Netflix will have trouble attracting subscribers.
Wal-Mart [ WMT 75.81 +0.80 (+1.07%) ], meanwhile, is looking to take on Amazon [ AMZN 242.36 -1.86 (-0.76%) ] with same-day shipping. Joe Feldman, an analyst at the Telsey Advisory Group, is optimistic that Wal-Mart will be able to use its stores effectively to ship goods to consumers same-day.
Yield has been important to investors this year. There are five companies that could be poised to hike their dividends in the next quarter — AT&T [ T 35.63 -0.63 (-1.74%) ], Kinder Morgan [ KMI 34.50 -0.59 (-1.68%) ], Freeport McMoran [ FCX 40.14 -0.61 (-1.50%) ], Campbell Soup [ CPB 34.68 -0.20 (-0.57%) ] and Hormel Foods [ HRL 28.83 -0.29 (-1.00%) ].