Wall Street Fundamentals Releases New In-Depth Stock Reports on AAPL, MCD, PHM and PM

U.S. stock market soared Thursday after comments made by Federal Reserve Chairman Ben Bernanke hinted that stimulus measures would not be scaled back. Bernanke stated the U.S. economy needs "highly accommodative monetary policy for the foreseeable future." Both the Dow Jones Industrial Average and the S&P 500 Index surged to new all-time highs. Stocks that benefit from a low interest rate environment were among the biggest gainers as the he yield on the 10-year Treasury fell to 2.57 percent. S&P 500 companies begin reporting second quarter earnings this week. S&P Capital IQ has forecasted an average earnings growth of 3 percent year-over-year.

Apple Inc. (NASDAQ:AAPL - News) shares traded in the range of $421.17 to $428.25 Thursday before settling to close at $427.29, an increase of 1.56 percent. The stock appears to be facing some resistance at the $428.46 and $436.67 levels with some support at $420.24. Shares of Apple have fallen approximately 19.7 percent in 2013.

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

McDonald's Corporation (NYSE:MCD - News) shares traded in the range of $99.76 to $100.96 Thursday before settling to close at $100.79, an increase of 0.81 percent. The stock appears to be facing some resistance at the $102.18 and $102.92 levels with some support at $100.54. Shares of McDonald's have gained approximately 14.3 percent in 2013.

More information on McDonald's and access to the free equity report can be found at:
www.WallStreetFundamentals.com/MCD

PulteGroup, Inc. (NYSE:PHM - News) shares traded in the range of $19.95 to $20.50 Thursday before settling to close at $20.39, an increase of 7.20 percent. The stock appears to be facing some resistance at the $20.81 and $21.38 levels with some support at $20.21. Shares of PulteGroup have gained approximately 12.3 percent in 2013.

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

Philip Morris International Inc. (NYSE:PM - News) shares traded in the range of $89.66 to $91.08 Thursday before settling to close at $90.34, an increase of 2.16 percent. The stock appears to be facing some resistance at the $91.56 and $92.63 levels with some support at $90.18. Shares of Philip Morris have gained approximately 8.0 percent in 2013.

More information on Philip Morris and access to the free equity report can be found at:
www.WallStreetFundamentals.com/PM

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at www.WallStreetFundamentals.com today.

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.

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

Advertisement