NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:
Walmart Inc., down $16.86 to $131.35.
The nation's largest retailer trimmed its profit forecast for the year as it grapples with surging inflation.
United Airlines Holdings Inc., up $3.43 to $46.97.
The airline raised its revenue forecast for the current quarter as demand for travel improves.
Take-Two Interactive Software Inc., up $12.97 to $123.08.
The maker of “Grand Theft Auto” and other video games reported strong fiscal fourth-quarter profits.
Stratasys Ltd., up $2.18 to $19.30.
The maker of 3D printers beat Wall Street's first-quarter earnings and revenue forecasts.
Abbott Laboratories, up $4.83 to $114.54.
The infant formula maker will restart production at its largest domestic factory, a key step toward easing a nationwide shortage.
Citigroup Inc., up $3.59 to $51.05.
Warren Buffett’s Berkshire Hathaway holding company revealed new stakes in the bank and several other companies.
Caterpillar Inc., up $5.90 to $213.09.
The maker of backhoes and bulldozers announced a $15 billion stock buyback program.
Fluor Corp., down $1.98 to $25.20.
The U.S. government cancelled a contract that has been beneficial to the engineering and operations company.
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Add These Stocks to My Watchlist7 Outdoor Living Stocks to Buy Before Investors Go Away For the Summer
Outdoor living is one of the largest sectors of the stock market. The United States spends over $800 billion every year on outdoor entertainment. To put that in context that spending number is on par with the financial services and insurance sector. And, it's almost double the spending in the pharmaceutical industry.
Stocks that focused on outdoor living surged during the pandemic because many Americans understood that being outside (albeit in a socially distanced fashion) was paramount to their physical and mental health. However, the sector didn't see a slowdown in 2021. And it looks like it will continue to be a strong sector in 2022. One reason for that is inflation. It's likely that travel budgets may be affected. But sunshine and fresh air are free.
But isn't this a lousy time to buy stocks? It could be. But it really comes down to being picky. Quality still matters and there are many quality names in this sector. And in this MarketBeat exclusive, we offer seven outdoor living stocks that are good buying opportunities because they lean into the larger macroeconomic picture.View the "7 Outdoor Living Stocks to Buy Before Investors Go Away For the Summer"