Bank of America, Alcoa, Chevron : Dow Midday Movers
NEW YORK (TheStreet) -- U.S. stocks were rising midday Monday following data showing domestic manufacturing activity was more robust than expected last month.
Bank of America shares rose 1.2% to $9.69. The bank made The Street's "4 Value Stocks for the Contrarian Investor" list because it's an indirect play on the U.S. housing recovery.
The stock was the best performer in the Dow in March, gaining 17.86% for the month.
TheStreet Ratings gives Bank of America a C- grade and hold rating.
Shares of Chevron gained 1.1% to $108.39. Prosecutors are trying to keep Chevron and Transocean(RIG) from working in Brazil after an oil spill in the country, according to a Bloomberg report on Monday.
Chevron gets an A grade from TheStreet Ratings with a buy rating and $130.36 price target.
Alcoa shares rose 1.7% to $10.19. TheStreet Ratings gives Alcoa a C grade and hold rating.
--Written by Alexandra Zendrian in New York.
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