Apple Demand Insatiable in China and 3 Hot Stocks to Follow
Bank of America (NYSE:BAC): The Justice Department’s $335 million legal settlement with Bank of America last year continues to have a great deal of work to do, according to the Wall Street Journal. U.S. officials warned that it could possibly take two years for eligible borrowers to obtain the money from the settlement, but they believed that checks could be mailed out sooner but they haven’t.
Apple Inc. (NASDAQ:AAPL) iPad mini demand has proven to be strong and “insatiable” in China, according to AllThingsD, which cites Topeka analyst Brian White. Sources at Apple’s retail stores in China and Hong Kong claim that the stores reported stock-outs or significantly constrained supply.
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Facebook, Inc. (NASDAQ:FB) obtained various negative reviews from investors since its IPO, but securities analysts working at the investment banks that did the deal never wavered in their enthusiasm. Since its IPO in May, analysts at Morgan Stanley (NYSE:MS), JPMorgan (NYSE:JPM), and Goldman Sachs (NYSE:GS) issued 40 reports on the stock and all of them urged investors to buy, according to the Wall Street Journal.
AT&T, Inc. (NYSE:T): The college teams who are competing in the January 1 and January 7 college bowl games aren’t the only ones hoping for success, as AT&T made huge upgrades to its network at Sun Life Stadium in Miami as a means to provide customers with a good wireless experience.
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