|Last Price$53.02||Day Change (%)-0.82%|
|Open Price$53.37||Day Change ($)-0.44|
|Day Range52.89–53.60||52-Week Range44.75–53.89|
As of Fri 07/11/2014 03:27 PM EST | USD
Australia stocks sagging early
Corporate credit spreads are fairly valued--albeit at the tight end of the range that we view as fairly valued.
Rising interest rates have taken their toll, but as the Fed delays dialing back on stimulus, investors are poised to recapture some of their losses.
A resilient business model and sector-leading returns offer support.
We sort through the multitude of issues surrounding these stocks.