NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday:
Exxon Mobil Corp., up 21 cents to $42.08.
The company lost $1.1 billion and its revenue dropped by half in the second quarter as the pandemic kept households on lockdown.
Expedia Group Inc., down $3.92 to $81.01.
The company reported weak earnings and its CEO said the second quarter was likely the worst the travel industry has seen.
Merck & Co., up $1.25 to $80.24.
The drugmaker easily surpassed Wall Street's forecasts thanks to surging sales of cancer medicines and lower expenses.
Church & Dwight Co., Inc., up $6.27 to $96.33.
The maker of Arm & Hammer cleaning products reported surprisingly strong results.
Caterpillar Inc., down $3.85 to $132.88.
The maker of steamrollers and bulldozers’ sales dropped 31% in the second quarter as dealers culled construction equipment from showrooms.
Johnson Controls International plc, up $1.24 to $38.48.
The maker of heating, ventilation and air conditioning equipment beat third-quarter forecasts, and issued an upbeat sales outlook.
Apple Inc., up $40.28 to $425.04.
The iPhone maker reported results that easily surpassed analysts’ forecasts, including an 11% rise in revenue and 12% profit growth.
Amazon.com Inc., up $112.80 to $3,164.68.
The online retailer’s profit doubled even after spending more than $4 billion on COVID-19 related costs.
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Top Ten Brokerages You Can Trust
There are more than 500 brokerages and research houses that hire analysts to issue ratings and recommendations. Collectively, these brokerages and their analysts publish approximately 175,000 ratings each year. Every trading day, there are nearly 700 reports and recommendations that are released to the public. To say that it's difficult to separate the signal from the noise when interpreting this data would be an understatement.
MarketBeat has developed a system to track each brokerage and research house's stock recommendations and score them based on their past performance. If Goldman Sachs predicted that Apple's stock price was going to hit $150.00 on a specific date, how accurate were they? If Bank of America issued a "strong buy" rating on a stock, how did that stock perform compared to the broader market over the following twelve months. This tracking system has been applied to the 650,000+ ratings that MarketBeat has tracked during the last five years to identify which brokerages you can really trust (and which you can safely ignore).
This slide show lists the 10 brokerages who have issued the most accurate analyst recommendations over the past several years, as measured by the performance of their "buy" ratings and the accuracy of their price targets.
View the "Top Ten Brokerages You Can Trust".