Dividend.com: Morning Playbook

Intel and Yum! are among the stocks investors should watch today.
Publish date:

Stocks are up nicely this morning on the back of some positive results from


(INTC) - Get Report

. Let's see who else should be on investors' radars this morning.

Story Stocks

Intel Corp

: Semiconductor giant is up nicely after earnings beat.

Janus Capital Group


: Stock is 8% lower as CEO leaves and company announces share offering.

Yum! Brands

(YUM) - Get Report

: Stock is down after reporting second-quarter results.

Altera Corp

(ALTR) - Get Report

: Shares are up nicely despite Q2 profits down 52%.

Wolverine World Wide, Inc


(WWW) - Get Report

: Company increases guidance. Shares are higher.

Gannett Co., Inc.

(GCI) - Get Report

: Stock is up on surprise second-quarter profit.


(ADTN) - Get Report

: Shares are unchanged following second-quarter results.

Abbott Labs

(ABT) - Get Report

: Stock is lower after Q2 report. Reaffirms 2009 guidance.

Campbell Soup Company

(CPB) - Get Report

: Shares are higher on 2009 outlook.

Lubrizol Corporation


: Sig move higher on strong Q2 outlook. Stock is near 52-week highs.

AMR Corporation


: Stock is slightly higher after reporting Q2 loss.

Upgrades to Watch

Intercontinental Exchange

(ICE) - Get Report

: Barclays Capital raises stock to a buy.

Goldman Sachs

(GS) - Get Report

: UBS and Keefe, Bruyette & Woods both raise estimates. $180 and $195 price targets.

Children's Place

(PLCE) - Get Report

: Merrill Lynch/Bank of America starts stock with a buy rating. $32 price target.

Compania Vale Do Rio

(VALE) - Get Report

: Merrill Lynch/Bank of America upgrades stock to a buy. $20 price target.

Ultra Petroleum


: SMH Capital upgrades stock to an accumulate. $45 price target.


(CHS) - Get Report

: Jefferies initiates the stock with a buy rating.

Forest Laboratories


: Morgan Stanley starts stock with an overweight rating. $31 price target.

International Game Technology

(IGT) - Get Report

: Janney Montgomery Scott raises stock to a buy.


(OI) - Get Report

: Merrill Lynch/Bank of America raises stock to a buy. $32 price target.


(BMY) - Get Report

: started as an overweight. $22 price target.

Moody's Corporation

(MCO) - Get Report

: Jefferies upgrades stock to a hold. $30 price target.

Coca-Cola Enterprises


: Credit Suisse upgrades stock to an outperform. $20 price target.

Cisco Systems

(CSCO) - Get Report

: Citigroup starts stock with a buy rating. $23 price target.

Juniper Networks

(JNPR) - Get Report

: Citigroup starts stock as a buy. $29 price target.

Downgrades to Watch

Eli Lilly

(LLY) - Get Report

: Morgan Stanley starts stock with an underweight. $34 price target.

Under Armour, Inc.

(UA) - Get Report

: UBS initiates stock with a sell. $18 price target.

Pharmaceutical Product Development, Inc.


: Goldman Sachs cuts stock to a sell. $18 price target.

Plum Creek


: Merrill Lynch/Bank of America cuts stock to a neutral. Lowers price target to $34.



: SRS and SKF are plays to watch as long ideas if this morning's spike fails to hold.


(GLD) - Get Report

: Metal prices are spiking higher.


(USO) - Get Report

: Could this be the day that oil prices sustain in the positive? Key data out at 10:30 am this morning. Watch APC and OXY (yesterday's upgrades) for any potential follow-through.


(TLT) - Get Report

: Bonds are falling for a third straight day.


The key to today's action will certainly be Intel and if it can hold this morning's pop. There are plenty of upgrades to put a floor under the market as well. Yum Brands was a disappointment, and is also one to watch. I would let the first hour shake out to try and get a better read on today. I'll be back in the afternoon with a midday update.

At the time of publication, the author had no positions in stocks mentioned, although positions may change at any time.

Tom Reese and Paul Rubillo are senior editors of Dividend.com. Visit Dividend.com for more dividend stock ratings, picks, news, and analysis for long-term and income-seeking investors.