The huge decline in equities is providing some buying opportunities, but which stocks to buy? Goldman Sachs (NYSE:GS) has added eight new companies to its 'Conviction Buy List' including First Solar (NASDAQ:FSLR) and Carnival Corporation (Public, NYSE:CCL).
Analyst from Citigroup Inc. (NYSE:C), Deborah Weinswig, gave a boost to Macy's, Inc. (NYSE:M) with a recommendation to Buy. It seems Macy’s efforts to turnover more authority to regional managers and allow them to “localize” stores is working. Carnival Corporation (NYSE:CCL) and Google (NASDAQ:GOOG) are also big names in the news that are fueling today's equity rally.