Tiffany & Co. Sparkles: 6 Stocks in 60 Seconds

by Alyssa Oursler | May 29, 2013 8:52 am

Tiffany & Co. Sparkles: 6 Stocks in 60 Seconds

Credit Suisse analysts downgraded FirstEnergy (FE[1]) on Tuesday, sending the stock sinking over 7% by midday. The Utilities SPDR (XLU[2]) also was in the red amid other utility declines — namely, Exelon (EXC[3]), also on an analyst downgrade — and the generally defensive sector’s ETF[4] has now shed nearly 7% in the past month alone.

Microsoft (MSFT[5]) just unveiled its new all-in-one entertainment and video game console, the Xbox One. The tech company’s usually sleepy stock is beating the broader market with a 27% YTD climb. More on the console:

Luxury retailer Tiffany & Co. (TIF[9]) reported better-than-expected first-quarter earnings yesterday, giving the stock a 4% boost. Two reasons for the solid results: Tiffany’s 175th anniversary and the film The Great Gatsby, for which the company designed jewelry.

General Electric (GE[10]), InvestorPlace‘s Stock of the Week[11], is investing billions of dollars in the the oil-and-gas space, including a large chunk in the fracking boom. Its plans include “opening a new laboratory in Oklahoma, buying up related companies, and placing a big bet that cutting-edge science will improve profits for clients and reduce the environmental and health effects of the boom,” according to The Associated Press[12].

Tripadvisor (TRIP[13]) has climbed more than 50% this year — more than double the broader market — but Johnson Research Group thinks the stock is ripe for a correction[14].

Finally, a fire broke out aboard[15] a Royal Caribbean (RCL[16]) ship this week, though no one aboard was injured. Earlier this year, a similar incident left a Carnival (CCL[17]) cruise ship stranded at sea as well. CCL has lost double-digits so far this year[18], partly thanks to the mishap.

Check out past “6 Stocks in 60 Seconds” clips here.[19]

For more videos — including exclusive access to full-length interviews and early access to weekly updates  like us on Facebook[20] or follow us on Twitter[21]. As of this writing, Alyssa Oursler did not hold a position in any of the aforementioned securities. Follow her on Twitter: @alyssaoursler[22].

Endnotes:
  1. FE: http://quotes.barrons.com/fe
  2. XLU: http://studio-5.financialcontent.com/investplace/quote?Symbol=XLU
  3. EXC: http://studio-5.financialcontent.com/investplace/quote?Symbol=EXC
  4. generally defensive sector’s ETF: http://investorplace.com/2013/05/dont-expect-utilities-to-stay-defensive-during-a-downturn/
  5. MSFT: http://studio-5.financialcontent.com/investplace/quote?Symbol=MSFT
  6. Xbox One Fails to Rattle the MSFT Cage: http://investorplace.com/2013/05/xbox-one-fails-to-rattle-the-msft-cage/
  7. Xbox One: Ultimate Entertainment Console or Disaster?: http://investorplace.com/2013/05/xbox-one-ultimate-entertainment-console-or-disaster/
  8. What If Microsoft’s Xbox One Is a Hit?: http://investorplace.com/2013/05/what-if-microsofts-xbox-one-is-a-hit/
  9. TIF: http://studio-5.financialcontent.com/investplace/quote?Symbol=TIF
  10. GE: http://studio-5.financialcontent.com/investplace/quote?Symbol=GE
  11. InvestorPlace‘s Stock of the Week: http://investorplace.com/hot-topics/stock-of-the-week/
  12. according to The Associated Press: http://www.foxnews.com/us/2013/05/28/ge-says-it-is-investing-billions-to-improve-fracking-oil-drilling/
  13. TRIP: http://studio-5.financialcontent.com/investplace/quote?Symbol=TRIP
  14. the stock is ripe for a correction: http://investorplace.com/2013/05/3-lofty-stocks-that-are-set-to-correct/
  15. a fire broke out aboard: http://investorplace.com/2013/05/fire-cuts-royal-caribbean-cruise-short/
  16. RCL: http://studio-5.financialcontent.com/investplace/quote?Symbol=RCL
  17. CCL: http://studio-5.financialcontent.com/investplace/quote?Symbol=CCL
  18. lost double-digits so far this year: http://slant.investorplace.com/2013/05/carnival-stock-is-taking-on-water-but-dont-abandon-ship/
  19. Check out past “6 Stocks in 60 Seconds” clips here.: http://investorplace.com/hot-topics/6-stocks-in-60-seconds/
  20. like us on Facebook: http://www.facebook.com/investorplace
  21. follow us on Twitter: https://twitter.com/InvestorPlace
  22. @alyssaoursler: https://twitter.com/alyssaoursler

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