Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

S&P 500 Index Posts a 13.4% Gain in 2012 -- The Largest Since 2009

CAT, HAL
S&P 500 Index Posts a 13.4% Gain in 2012 -- The Largest Since 2009
http://media.marketwire.com/attachments/201109/31891_Paragonlogo.gifhttp://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=970187&ProfileId=051205&sourceType=1

NEW YORK, NY -- (Marketwire) -- 01/02/13 -- U.S. stocks surged to end the year on optimism that a deal will be made to avoid the looming "fiscal cliff" The S&P 500 surged 1.69 percent Monday to end the year up 13.41 percent, which was its largest gain since 2009. The Paragon Report examines investing opportunities in the S&P 500 Index and provides equity research on Caterpillar Inc. (NYSE: CAT) and Halliburton Company (NYSE: HAL).

Access to the full company reports can be found at:

www.ParagonReport.com/CAT

www.ParagonReport.com/HAL

The "fiscal cliff" is a combination of government spending cuts and tax increases set to take effect at the beginning of 2013 unless lawmakers reach a compromise on a new budget deal. President Obama in a statement said that a deal to avoid the fiscal cliff was "within sight" but not yet complete.

"This all makes me hopeful that Congress can at least defuse the ticking time bomb," said BMO Private Bank chief investment officer Jack Ablin. "Any positive news coming out of Washington is going to be taken as pretty bullish among investors who already have very low expectations. Just the fact that Congress can agree on something is worth celebration."

Paragon Report releases regular market updates on the S&P 500 Index so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.ParagonReport.com and get exclusive access to our numerous stock reports and industry newsletters.

With 2011 sales and revenues of $60.138 billion, Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company's Board of Directors voted to maintain their quarterly cash dividend of $0.52 per share and accelerated the first-quarter 2013 dividend to December 31, 2012.

Halliburton is one of the world's largest providers of products and services to the energy industry. With more than 70,000 employees in approximately 80 countries, the company serves the upstream oil and gas industry throughout the lifecycle of the reservoir. The company is scheduled to release their fourth quarter 2012 results on January 25.

The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:

http://www.paragonreport.com/disclaimer

Add to Digg Bookmark with del.icio.us Add to Newsvine



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today