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Facebook Shares Get Boost from JPM ‘Buy’ Rating

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  • Description

    FBN’s Nicole Petallides breaks down the day in the markets.

  • Duration 1:58
  • Date

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All on the upside let's go right to Nicole Bradley -- At the New York Stock Exchange and take a look at where some people begin to get -- a sense that things were turning around this bargain that was FaceBook.

When they got that great recommendation today that -- really began to take off -- never looked back.

And that's right in your -- shareholder you're pretty happy with the performance today getting up vibrating over at JPMorgan and you price target.

A 35 -- up from 29 good news -- FaceBook.

Okay let's talk about Hewlett-Packard.

-- -- worst performer 2012 us struggling company all kinds of problems for HP but today -- It's leading the Dow and is this just sort of let's let's go along with the rising tide and it's of one of the boat that's doing well ores -- something to be set for the future BHP this year.

Well I you know I I hate to speculate but I can tell you as you noted -- the Biggest Loser last year was down 45% sometimes once that are beaten down most other ones that are that first ones to be taken back up until today.

Besides Hewlett-Packard -- in leading the Dow and tech stocks it Barry Bonds -- well.

Yeah and talk about tech stocks let's talk about apple.

Question as to whether this is you know a lot of people were selling in 2012.

Opened up to lock in their gains of the old tax rate people said they buy in again come 2013.

Well here we are and that seems to be what's happening.

That's happening not only without well but also the major market averages over wall people sold companies have a very good companies in order to lock in last year's tax -- -- I think millions decent cash that -- on the sidelines coming back into the gulf stagnate back as a little bit of a merger well.

Pick your zip -- soaring today after a very good deal -- save -- -- -- -- 49% -- Visit fired up almost got -- now.

We see this market continue to go higher believe that are not.

We may talk 300 on this settlement is now trading -- yup it just popped over 300.

304387.

He continues to go off in the -- so we -- set.

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