COOK - 2 Stocks to Watch in a Strong Market
There's been a constant tug of war on Wall Street this week, but it appears that the stock market looks ready to open higher on Friday morning. Despite having no clear direction on macroeconomics or monetary policy, investors nevertheless seem confident in the long-term prospects for stocks. That's pointing to a higher open, and as of 7 a.m. EDT, futures on the Dow Jones Industrial Average (DJINDICES: ^DJI) were up 193 points to 35,033. S&P 500 (SNPINDEX: ^GSPC) futures rose 18 points to 4,510, and Nasdaq Composite (NASDAQINDEX: ^IXIC) futures picked up 58 points to 15,617.
Earnings have played a significant role in the market lately, and a couple of different reports show the breadth of what investors are having to deal with. Dave & Buster's (NASDAQ: PLAY) managed to climb in premarket trading on Friday after a solid report, but Traeger (NYSE: COOK) wasn't able to grill up similarly tasty results for shareholders. Below, we'll take a closer look at the news from these two companies.
Shares of Dave & Buster's were up nearly 8% in premarket trading on Friday morning. The food and entertainment chain had encouraging things to say about its second-quarter financial results.
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2 Stocks to Watch in a Strong Market