The stock market is getting better and better for this quarter. Investors do not jump into any decision without considering all the possible factors. For this quarter, the bases of the investors when it comes to investing – holding, buying or selling stocks – are none other than the high earnings, which are higher and better than what the analysts expect, and the economy of the United States. Looking at the big picture, it did not come as a surprise that the stock market slowly went higher.
University of Michigan’s stock is one of those many stocks that upgraded and increased for this quarter. It rose from 81.8 to 82.5. The increase signifies rising incomes and additional jobs. Just like the University of Michigan, the stock of Avago Technologies also rose to $82.72. It is the highest increase among the ones listed in the S&P 500 for this quarter. The gain of Avago Technologies went in after the company announced their better-than-expected earnings.
However, it is also true that there are also some companies that downgraded. Nonetheless, these companies belong in the minority as majority of the companies in the stock market experienced growth for this year’s quarter. This means that the current stock market is strong.