Homebuilders in Focus and Other #Stocks2Watch
#Stocks2Watch: FOX Business rounds up the stocks you should watch before the opening bell rings on Wall Street. Tweet @adamsamson or e-mail adam.samson@foxbusiness.com and tell us what stocks you're watching -- your picks could appear online!
1. Homebuilders (NYSE:DHI) (NYSE:LEN) (NYSE:TOL)
FOX Business News Editor / Reporter Victoria Craig says she's watching shares of homebuilders with two key housing reports due out Tuesday morning. Among the names that are worth paying close attention to are: D.R. Horton (NYSE:DHI), Lennar (NYSE:LEN) and Toll Brothers (NYSE:TOL). You could also play the sector through an ETF like the SPDR S&P Homebuilder ETF (NYSE:XHB).
2. King Digital Entertainment
King Digital Entertainment is expected to price on Tuesday evening in an offering that will value the maker of "Candy Crush" at around $7.6 billion. The company will start trading Wednesday on the New York Stock Exchange under the symbol "KING."
3. Walgreen (NYSE:WAG)
Walgreen (NYSE:WAG) revealed quarterly profits that narrowly missed views, along with plans to shutter 76 stores. The shares are up 0.3% in somewhat choppy trading.
4. Himax Technologies (NASDAQ:HIMX)
Himax Technologies (NASDAQ:HIMX), which is a company that designs and makes parts for LCD screens, was cut from "buy" to "underperform" by analysts at Bank of America Merrill Lynch, according to a report by Reuters. The shares are down 7%.
5. Halozyme Therapeutics Inc (NASDAQ:HALO)
Halozyme Therapeutics (NASDAQ:HALO) shares are rallying after the company said its experimental cellulite drug met a primary endpoint in a clinical trial.