Winners & Losers

Wal-Mart, Bank of America, Intel: Dow Movers

Stock quotes in this article:BAC, INTC, WMT, ^DJI, CAT 

NEW YORK (TheStreet) -- U.S. stocks finished Wednesday lower amid weak Chinese and European manufacturing data and ongoing questions about Greece's stability.

The Dow Jones Industrial Average fell 27.02 points, or 0.21%, to 12,938.67. The S&P 500 dropped 4.55 points to 1,357.66 and the Nasdaq Composite posted a loss of 15.4 points to end the day at 2,933.17.

Breadth within the Dow was negative with 20 of the index's 30 components posting losses.

The biggest decliners in the index were Intel(INTC), Wal-Mart(WMT) and Bank of America(BAC).

Wal-Mart shares dropped 2.45% to $58.60. On Tuesday morning, the world's largest retailer reported fourth-quarter earnings of $5.2 billion, or $1.51 a share, up from year-ago earnings of $5 billion, or $1.41 a share.

Wal-Mart rival Target(TGT) reports its fourth-quarter results Thursday. Analysts, on average, anticipate earnings of $1.40 a share on $21.2 billion in revenue.

TheStreet Ratings gives Wal-Mart an A- grade with a buy rating and $71.66 price target.

Bank of America shares fell 1.97% to $7.95. The stock has risen 45% in 2012, prompting questions about whether investors should think about booking some profits.

Rochdale Securities banking analyst Dick Bove, however, thinks Bank of America shares can climb to $30 in the next four years.

Bank of America gets a D+ grade and sell rating from TheStreet Ratings.

Intel shares fell following technology rival Dell's(DELL) fourth-quarter earnings miss on Tuesday. Dell reported earnings of 51 cents a share on revenue of $16.01 billion; analysts were expecting profit of 52 cents a share on revenue of $15.96 billion.

Shares of Intel fell 1.58% to $26.73. TheStreet Ratings gives Intel an A+ grade with a buy rating and a $32.22 price target.

The biggest gainer in the index was Caterpillar(CAT). Shares rose 81 cents to $115.81.

-- Written by Alexandra Zendrian in New York.

>To contact the writer of this article, click here: Alexandra Zendrian

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