These 3 Soaring Stocks Defeated a Down Market
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Transcript of These 3 Soaring Stocks Defeated a Down Market
These 3 Soaring Stocks Defeated a Down Market
Dow, S&P both fell sharply this week
• Losses of 2% for both indexes
• Worst week of 2013 for the Dow Industrials
U.S. stocks didn’t escape pressure from Fed fears
But Apple climbed more than 10%
Why Apple soared
Big interest from big investors
• Carl Icahn announced a sizable position in Apple• George Soros also revealed an increase in his
holdings of the stock
Rite Aid jumped 12%
Why Rite Aid soared
Hedge-Fund Investor David Einhorn
• Greenlight Capital added to its position in the drugstore stock during the quarter
• Continued longer-term gains as turnaround story begins to take shape
And Coeur Mining climbed 15%
Why Coeur soared
Silver shines brighter
• Silver prices jumped by 13% over the past week• Mining companies tend to be leveraged to gains
in bullion prices given their costs
Could silver be signaling the next move up for precious metals? The Motley Fool's new free report, "
The Best Way to Play Gold Right Now," dissects the recent volatility in the gold and silver markets and provides a guide for precious-
metals investing. Click here to read the full report today!