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January 17, 2013 at 09:17 AM EST
Stock Upgrades: CBS Eyes Huge Gains
The S&P 500 Index (^GSPC) set its second fresh five-year high of the week despite its cumulative advance over the period amounting to a mere 4/100′s of 1%. (No wonder that the percent sign was just anointed symbol of the year for it packs a punch even in infinitesimal increments.)   The market may have traded Sideways so to speak but wine giant Constellation Brands (STZ) jumped 6.15% on a bullish Buy initiation. Ironic as yesterday was the anniversary of Prohibition’s introduction but to paraphrase Dorothy Parker the stock’s surge was an excellent example of the “wrath of grapes.”   In a similar vein Southwest Airlines (LUV) famously ...
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