William L. Moore
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3 Stocks New To Argus' Selector Focus List

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  - 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.
  • Invesco Ltd  - Expecting Invesco to benefit from slowly rising interest rates, Argus highlighted the company's innovative Powershares ETFs
  • Packaging Corporation of America  - This cardboard manufacturer is a supplier to Amazon.com, Inc. , 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.

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