Owens-Corning Stock Forum

RECAP
US stocks continued their march higher, with the S&P 500 decisively closing above the 5,000 level for the first time ever. The rally has been fueled continued strong corporate earnings and signs of progress in the Federal Reserve's goal of lowering inflation that could move policy makers to finally start cutting rates.
The $S&P 500 Index (.SPX.US)$ rose for a 14th week out of 15, the first for large-cap inde...

Pre-Market Stock Movers
Gapping up
$McDonald's (MCD.US)$
(The fast-food chain gained nearly 1% premarket after Wells Fargo upgraded the stock to overweight from equal weight, saying the company “is firing on all cylinders” when it comes to innovation and that it could see upside in the second half of this year.)
$WestRock (WRK.US)$
(Shares added 6.7% after The Wall Street Journal reported that the company is nearing a me...

Positive Report for $First Horizon National (FHN.US)$ From Jefferies
First Horizon received a Buy rating and a $13.00 price target from Jefferies analyst Casey Haire today.
$Shopify (SHOP.US)$Cut to Underperform From Neutral by Exane BNP Paribas
Shopify Cut to Underperform From Neutral by Exane BNP Paribas.
BMO Capital Initiates $Autodesk (ADSK.US)$ at Market Perform With $224 Price Target
Autodesk (ADSK) has an average rating of outpe...

Davis Selected Advisers 13F portfolio value increased from $14.71B to $15.13B this quarter.
They increased Amazon and JD.com while reducing Quest Diagnostics.
The top three positions are Meta Platforms, Berkshire Hathaway, and Wells Fargo, and they add up to ~25% of the portfolio.
Stake Increases:
$Alphabet-C (GOOG.US)$ $Alphabet-A (GOOGL.US)$
$Amazon (AMZN.US)$
$Viatris (VTRS.US)$
$Teck Resources (TECK.US)$ $JD.com (JD.US)$ $Coupang (CPNG.US)$ $Hollysys Automation Technologies (HOLI.US)$ $IAC Inc (IAC.US)$ : These s...

$Rigel Pharmaceuticals (RIGL.US)$ – Rigel's stock soared 34% in the premarket after the FDA approved its drug to treat a certain type of leukemia.
$Opendoor Technologies (OPEN.US)$ – The digital real estate platform operator named Chief Financial Officer Carrie Wheeler as its new CEO, replacing company co-founder Eric Wu. Wu will transition into the role of "president of marketplace." Opendoor lost 2.7% in premarket action.
$PagerDuty (PD.US)$ – The cloud computing company’s stock jumped 6.6% in pr...