Stocks to Watch: Cabot, Toyota and More ...

CNBC.com

Published 10:53 AM ET Wed, 16 March 2011
CNBC.com

Six in 60

Stocks pared losses as investors digested news that inflation at the producer level rose more than expected, while housing starts plunged, and as investors continued to digest the implications of a nuclear crisisin Japan and heightened tensions in the Middle East.

The Dow Jones Industrial Average fell more than 25 points, after dropping more than 70 points earlier, after tumultuous trading on Tuesday that ended with the Dow down about 138 points on Tuesday, closing at 11,866 points.

So which individual stocks are worth watching today? Here are six that are on the move:

Cabot Oil & GasThe oil and gas manufacturer was trading at highs not seen since July, 2008, with shares up nearly 3 percent on the day.

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Intercontinental HotelsThe hotel chain was trading lower after the company's CEO Andrew Cosslett said he will step down on June 30.

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Toyota MotorThe auto manufacturer said it would continue its halt of production in Japan through March 22. Despite that, shares were still trading slightly higher this morning.

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AgcoThe agricultural equipment manufacturer was downgraded to neutral from buy at Goldman Sachs, with the firm citing valuation as the reason.

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Aruba NetworksThe telecom company was trading at all-time highs this morning, with shares up more than 3 percent on the day.

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TransoceanThe offshore drilling service was initiated a sell at Guggenheim Securities.

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