Notable 52-Week Highs and Lows of the Day 07/08: (JNY) (UNH) (AMZN) High; (SCCO) (PBF) Low
Jones Group Inc. (NYSE: JNY) $17.00. Jones Group popping after it was said to taps Citi to explore strategic alternatives.
UnitedHealth Group $67.47. Up following a positive mention in Barron's over the weekend. The magazine sees an increased cash flow and overall growth increasing its stock price by 40 percent in the next two years. Key will be its Optum business, which should help drive-down the costs of healh plans.
Amazon.com Inc. (Nasdaq: AMZN) $291.10. Amazon moving to new highs as positive sentiment is surrounding Netflix today. Southern Copper Corp. (NYSE: SCCO) $. Copper is rebounding from a sharp drop last Friday, but withmore China economic data due out this week, some question whether growth in the massive ecnomy will be enought to supply market oversupply.
PBF Energy (NYSE: PBF) $21.74. Morgan Stanley downgraded PBF Energy from Overweight to Equalweight today.