Why Are These Five Stocks in the Spotlight Today?

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Bullish Barron’s Write Up for Tractor Supply 

Tractor Supply Company (NASDAQ:TSCO) is trending after Barron’s published a bullish article on the company. In the article, author Reshma Kapadia writes that the dips for Tractor Supply, ‘might be great opportunities to buy into one of retailing’s best long-term growth stories’. Although the stock doesn’t trade for a cheap price to earnings ratio, Tractor Supply does benefit from the two megatrends of increased demand for organic food and the rising age of baby boomers. As more boomers retire, some will take to farming, and demand for Tractor Supply products will grow. Among the funds we track, 28 top funds were long Tractor Supply Company (NASDAQ:TSCO) at the end of March.

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Deutsche Bank Selling Continues

Two trading days after Britain’s decision to leave the EU, shareholders of Deutsche Bank AG (USA) (NYSE: DB) are still feeling the aftereffects. Shares of the bank are down by over 7% today as traders wonder whether other countries in the EU might also follow Britain’s lead. Traders also wonder if the ECB and Bank of England can do enough to prevent both region’s economies from entering a recession. If a recession occurs, Deutsche Bank’s loan losses will increase and its profits will narrow. At the end of March, 10 funds from our database owned shares of Deutsche Bank AG (USA) (NYSE:DB), up by from the previous quarter.

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Disclosure: None



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