Wall Street Fundamentals Releases New In-Depth Stock Reports on AMAT, BSX, GGP and WU


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Companies Mentioned

NASDAQ:AMAT / NYSE:BSX / NYSE:GGP / NYSE:WU
12/05/2013 [ACCESSWIRE]

U.S. markets declined for the fourth consecutive day Wednesday due to upbeat US private sector jobs data. The ADP National Employment Report showed 215,000 private-sector jobs were added in November, compared to 130,000 in October. "Stronger economics means earlier tapering, which is a negative for the market. On top of that, we've surged to new highs with a lot of optimism, and that normally calls for a pullback, if only briefly," said Bruce McCain, chief investment strategist at Key Private Bank. The Dow Jones Industrial Average declined 0.16 percent, while the S&P 500 Index declined 0.13 percent. Entering December the S&P 500 Index was up approximately 27.0 percent year-to-date. Here is how some companies in the S&P 500 reacted Wednesday:

Applied Materials, Inc. (NASDAQ: AMAT) shares traded in the range of $16.46 to $17.11 Wednesday before settling to close at $16.61, a decrease of 2.98 percent. The stock appears to be facing some resistance at the $16.71 and $16.82 levels with some support at $16.47. Shares of Applied Materials have gained approximately 45.0 percent in 2013.

More information on Applied Materials and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/AMAT

Boston Scientific Corporation (NYSE: BSX) shares traded in the range of $11.21 to $11.68 Wednesday before settling to close at $11.31, a decrease of 4.31 percent. The stock appears to be facing some resistance at the $11.71 and $12.42 levels with some support at $10.95. Shares of Boston Scientific have gained approximately 95.0 percent in 2013.

More information on Boston Scientific and access to the free equity report can be found at:
www.WallStreetFundamentals.com/BSX

General Growth Properties Inc. (NYSE: GGP) shares traded in the range of $20.00 to $20.40 Wednesday before settling to close at $20.28, an increase of 0.10 percent. The stock appears to be facing some resistance at the $20.46 and $20.61 levels with some support at $20.25. The company has been chosen to replace Molex Inc. in the S&P 500. Shares of General Growth Properties have gained approximately 2.0 percent in 2013.

More information on General Growth Properties and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/GGP

The Western Union Company (NYSE: WU) shares traded in the range of $16.60 to $16.92 Wednesday before settling to close at $16.68 a share. The stock appears to be facing some resistance at the $16.73 and $16.97 levels with some support at $16.39. Shares of Western Union have gained approximately 22.0 percent in 2013.

More information on Western Union and access to the free equity report can be found at:      
www.WallStreetFundamentals.com/WU

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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

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Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com

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