Diamonds and Dogs
Tech looks good to start the quarter. Micron (MU) is up 4% following strong earnings last night. Cowen upgraded the stock with a $105 price target. Google (GOOG) and Amazon (AMZN) are higher as well following upgrades as the Nasdaq is jumping 1.5% today.
Profit-taking in CarMax (KMX). CarMax is down 6% following better than expected earnings. Sales rose 4.1% to $5.16 billion. Car sales in particular, used car sales, have been on a tear the last year, but with a stock up over 100%, a little profit-taking is understandable.
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