Republican Win Could Boost Boeing and 3 Must-See Dow Stocks
The Boeing Company (NYSE:BA) is among defense contractors for which it is thought that an election victory by Romney might help. Others in that group include Lockheed Martin (NYSE:LMT) and Raytheon Company (NYSE:RTN). Other firms which are not directly defense related might be helped, such as Exxon Mobil Corporation (NYSE:XOM) and Halliburton Company (NYSE:HAL), along with top Wall Street banks like JPMorgan Chase & Co. (NYSE:JPM) and Citigroup (NYSE:C).
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Cisco Systems (NASDAQ:CSCO) has said several things recently about its cloud strategy, which represents a full solution portfolio for SAP HANA and a new CRS elastic core solution. The firm announced that is has new elastic core networking capabilities which allow service providers to scale revenue-generating services within minutes, rather than months. In addition, the new solution contains an integrated 100 gigabyte per second Internet Protocol over dense wave division multiplexing (IPoDWDM) and Cisco’s new nLight technology for the Cisco Carrier Routing System (NYSE:CRS) integrates IP and optical transport networks.
Chevron Corporation (NYSE:CVX) shares plummeted Wednesday, the first trading day following the firm saying that its third quarter would be weaker than the second. The shares fell by 4.2 percent, or $4.91, and closed at $112.45.
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