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3 Stocks New To Argus' Selector Focus List

In a conference call with clients Wednesday morning, Argus President John Eade spoke up some of the new additions to Argus' Portfolio Selector Focus List.

Here are three of those stocks with a summary of Eade's comments:

  • eBay Inc EBAY 0.05% - Reminding investors that Argus recently raised its eBay price target to $36, implying 16 percent upside from $31.11 where shares opened Wednesday, Eade said the electronic marketplace has more room to run.
  • Packaging Corporation of America PKG 1.34% - This cardboard manufacturer is a supplier to Amazon.com, Inc. AMZN 0.09%, which is one of the reasons Argus likes it so much, saying it can be treated as sort of a backdoor play on e-commerce.
DateFirmActionFromTo
Jul 2016Morgan StanleyMaintainsUnderweight
Jul 2016Canaccord GenuityMaintainsHold
Jul 2016Cantor FitzgeraldMaintainsHold

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