Conagra, APA fall; Taiwan Semiconductor, First Republic rise

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday:

Taiwan Semiconductor Manufacturing Co., up $2.38 to $83.67.

The chipmaker gave investors an encouraging revenue forecast after reporting strong second-quarter financial results.

JPMorgan Chase & Co., down $3.91 to $108.

The bank's second-quarter profit and revenue fell short of Wall Street forecasts.

Morgan Stanley, down 29 cents to $74.69.

The investment bank reported disappointing second-quarter financial results.

Industrial Logistics Properties Trust, down $3.45 to $10.58.

The owner of industrial properties cut its dividend.

Conagra Brands Inc., down $2.59 to $33.15.

The food producer cut its profit forecast and plans on more price increases as it deals with inflation.

APA Corp., down $1.32 to $31.58.

Energy stocks fell along with sliding oil prices.

First Republic Bank, up $2.63 to $150.98.

The bank reported solid second-quarter financial results.

Newmont Corp., down $3.20 to $54.99.

The gold miner slipped along with falling prices for the precious metal.

Should you invest $1,000 in JPMorgan Chase & Co. right now?

Before you consider JPMorgan Chase & Co., you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and JPMorgan Chase & Co. wasn't on the list.

While JPMorgan Chase & Co. currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Best Stocks to Own in 2024 Cover

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio.

Get This Free Report

Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Industrial Logistics Properties Trust (ILPT)
2.3722 of 5 stars
$4.23-3.2%0.95%-2.58N/A
First Republic Bank (FRC)
1.99 of 5 stars
$0.00-100.0%0.31N/A
Morgan Stanley (MS)
4.6671 of 5 stars
$94.70+1.1%3.59%17.25Hold$98.30
JPMorgan Chase & Co. (JPM)
4.649 of 5 stars
$191.88+0.7%2.40%11.59Moderate Buy$192.05
Compare These Stocks  Add These Stocks to My Watchlist 


Featured Articles and Offers

Search Headlines: