Dividend.com: Morning Playbook

The markets opened up slightly this morning as commodity plays may be front and center once again. Let's take a look at where this morning's action could lead us.

Story Stocks:

Tyco Electronics(TEL Quote): Looks strong in the early market after the company raised guidance.

La-Z-Boy(LZB Quote): Stock is up after earnings results.

FactSet Research Systems(FDS Quote): Looking strong after posting positive earnings results.

Smithfield Foods(SFD Quote): Trading flat after reporting loss less than expected.

Best Buy(BBY Quote): Electronics retailer down after lower same-store sales and earnings.

Assured Guaranty(AGO Quote): Trading lower after offering $400 million in common shares.

Genzyme(GENZ Quote): Stock getting get hit hard after virus forces company to halt production at plant.

Upgrades to Watch:

Amgen(AMGN Quote): Bernstein Research raises company to an outperform on expected boost in 2010 results.

Illinois Tool Works(ITW Quote): William Blair raising 2009-2010 estimates on increased guidance.

Magna(MGA Quote): JPMorgan Chase(JPM Quote) upgrades stock to overweight -- $52 price target.

Sina(SINA Quote): Goldman Sachs(GS Quote) raises the stock to its "conviction" buy list -- $38 price target.

IBM (IBM Quote): Thomas Weisel raises target price to $140 from $120.

Microsoft(MSFT Quote): Jefferies(JEF Quote) raises target price to $26 on anticipated launch of Windows 7.

Omnicom Group(OMC Quote): Oppenheimer raises target price to $39 from $35.

Qwest(Q Quote): Merrill Lynch/Bank of America(BAC Quote) raises target to $5 and maintains buy rating.

Mattel(MAT Quote): Initiated as a buy at Canaccord.

Hasbro(HAS Quote): Also initiated as a buy at Canaccord.

I will be watching IBM closely to see if the stock moves much on this call. Good proxy for the rest of the tech space as well.