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New technologies are threatening. The stock is up 2 at 192. Pinnacle foods. Stock price is up. Phil scheier buying them. 6. 6 billion. Not a case of big brand names getting a new umbrella. Chances are, you have some pinnacle brands in your house. Look at phil scheier for a second. They are now down 5 . All right, to the big board. Record territory. Grumbling about an expansion. Three months of the year. Charles payne is back this monday morning. What do you make of these rumblings, charles . Ah [laughter] stuart not much. We had such an abysmal First Quarter that its easy to say that the second half is going to get better, and eventually maybe one day it will. I look at corporate earnings, to be honest, a lot metropolitan government surveys, and i do like what im hearing from executives. Typically, these acquisitions thinks Corporate America thinks demand will pick up. What ....
Stuart lets take it off this morning with some of the bigname stocks. Pilgrims pride offers to buy wilshire. They are both food conglomerates. Remember, phil scheier offered to buy pinnacle for 4 billion. Conglomerates getting together in the food aisle at the Grocery Store. We are a couple solid rallies away from 17,000. We have that graphic ready to use. Here is the s p 500. Look at it now. Up another 10 points. Charles is here this tuesday morning. A lot of people talking down the market. You are always bullish. Not about the overall market, but about stocks that you like. Charles i am bullish on america. I am not always fully invested. China predicted the top was ridiculous. In the last 100 years, there may have been one dozen crashes. Are we close to the alltime high for the alltime low . Nothing has outperformed the market. It is about owning great individual companies. Stuart a lot of stocks that have gotten beaten down over ....
Cheryl getting closer, the bulls continued to pile into the bluechip. How close we are. A fiveyear high, earnings are actually the very day driver thanks to some healthy numbers from pfizer. Very close to 14,000. The last hour of trading, countdown to the closing bell begins right now. The dow closing at the best level since october 2007. Quickly approaching a wellrounded 14,000 level everybody looks at and it is just about 1. 5 away from that alltime high. Perhaps tomorrows fed decision will be the catalyst or it will blow everything apart. Look at the winners and pfizer up more than 3 looking very healthy, 0. 87 gain. Why pfizer . Theyre reporting betterthanexpected quarterly earnings. Pfizer back to 2013 forecast, analysts love this and you can see merck right behind it. Pfizer and Procter Gamble are rising along with eli lilly trading at record highs which is significant because a lot of people question health care. We will ta ....