Despite interest rate increases in China, the markets closed higher with the Dow climbing 71 points to 12,233 as investors focused on mergers and acquisitions. Nasdaq gained 13 points 2797.
On the upside
Online investing platform Kapitall listed PMI Group (NYSE: PMI) number seven on its top ten undervalued stocks.
While Capstone Turbine (Nasdaq: CPST) widened third quarter losses, revenue surged prompting an upgrade.
