Check the background of this firm on FINRA's BrokerCheck.

Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

Check the background of this firm on FINRA's BrokerCheck.

Diamonds and Dogs

9/8/15

FitBit's (FIT) in great shape. Fitbit sprinted out of the gates today up 8% thanks to an upgrade from Morgan Stanley. The analyst at Morgan Stanley indicated the consumer the market for wearable smart watches is large enough for Fitbit and the Apple Watch to flourish. The upgrade came with a $58 price target, 58% above current prices implying there is more upside for the stock.

Coffee Machines everywhere! Keurig Green Mountain Inc (GMCR) is our dog today with a decline of 1% even with the market rising 2%. Keurig announced their Keurig 2.0 machines will only use K-Cups and other types of cups Keurig approves for their machines. It looks like the Keurig 2.0 machines may stay on shelves a little bit longer.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.