Wall Street Love Is Sending These 2 Nasdaq Stocks Higher
The stock market moved higher on Wednesday morning, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was one of the best performing markets on Wall Street. As of 11 a.m. EDT, the Nasdaq was up half a percent and doing its best to a third of a percent even as some other market benchmarks were down on the day.
Wall Street analysts often have dramatic short-term impacts on stocks. On Wednesday, a couple of well-known stocks were beneficiaries of positive comments from professional investors. Below, we'll look more closely at lululemon athletica (NASDAQ: LULU) and American Airlines Group (NASDAQ: AAL) to see why they're headed higher and what Wall Street's finest expect from them.
Shares of Lululemon were up 2.5% on Wednesday morning. The yoga and athletic apparel specialist got a huge vote of confidence from one of Wall Street's most-followed companies.
Source Fool.com
