InvestorsObserver
×
News Home

370 Stocks Hit New Highs Monday; Markets Respond Favorably to Election Results

Monday, November 09, 2020 03:09 PM | Neal Farmer

Mentioned in this article

370 Stocks Hit New Highs Monday; Markets Respond Favorably to Election Results

During trading Monday, 370 stocks traded to a 52-week high, while 2 stocks bottomed out at new 52-week lows. The S&P 500 is up 2.6% on the day so far. Monday has been alright so far with highs outpacing lows at a ratio of 150-to-1. Markets clearly are happy so far with a future Biden Presidency and a likely Republican controlled Senate along with the major news coming from Pfizer (PFE) that they believe their COVID-19 vaccine to be 90% based on studies. Most analysis before Election Day had markets hoping for a mixed government and the reaction to that outcome so far has proven that point.

The following stocks traded to 52-week highs:

A, AAON, AAXN, ABC, ABG, ACA, ACHC, ACN, ADI, ADSK, AEIS, AES, AGCO, AIMC, AIT, AJG, ALB, ALGN, ALRM, ALTR, AMAT, AMCR, AME, AMH, AMP, ANET, ANTM, AOSL, APD, APH, APPN, APTV, AQUA, ARES, ARW, ASGN, ASH, ATR, ATSG, ATUS, AVGO, AVID, AVNS, AVTR, AVY, AWK, AX, AY, BECN, BFAM, BIO, BKE, BKNG, BLDR, BLFS, BLK, BLL, BMCH, BR, BRKS, BSIG, BYD, CASY, CAT, CC, CCK, CDAY, CDNS, CDW, CE, CGNX, CHDN, CLF, CMBM, CMCSA, CMI, CNO, COO, COR, COST, CPK, CPRT, CRL, CROX, CSX, CTAS, CTB, CTLT, CTS, CTSH, CTVA, CUBE, CVET, CWEN, CZR, DAR, DE, DECK, DFIN, DG, DHR, DIOD, DLB, DNLI, DORM, DOV, DRE, DRI, DVA, DY, EAT, ECHO, EGP, EL, EMN, ENPH, ENS, ENSG, ENTG, ESI, ETN, EV, EVR, EXLS, EXP, EXPE, EXR, EYE, FBHS, FCX, FELE, FFIV, FICO, FIVE, FLEX, FLOW, FMC, FOE, FORM, FRC, FTDR, FTV, FUL, FWRD, GGG, GLIBA, GLOB, GLW, GM, GNTX, GOOGL, GPS, GRBK, GRMN, GTLS, GWW, HALO, HASI, HCA, HDS, HELE, HLNE, HLT, HMST, HON, HRI, HUBB, HUN, HVT, IAA, IDXX, IEX, IIPR, IIVI, INFO, INSP, INTU, IP, IPGP, IQV, IR, IRTC, ISRG, ITW, J, JACK, JCI, JOE, KEYS, KKR, KLAC, KLIC, KOD, KRNT, KURA, LBRDK, LECO, LHCG, LII, LIN, LKFN, LKQ, LOB, LPRO, LRCX, LSCC, LSI, LTHM, LZB, MATX, MCHP, MCK, MDRX, MGI, MGLN, MIDD, MKSI, MKTX, MLI, MMI, MMSI, MNST, MOH, MORN, MSA, MSCI, MTN, MTOR, MTSI, MTX, MXIM, NDAQ, NDSN, NEE, NEP, NKE, NOVA, NSC, NSP, NTLA, NVMI, NVRO, NWSA, NX, NXPI, OCUL, ODFL, OLN, OMCL, ON, ORBC, PACB, PAG, PAR, PAYC, PAYX, PCAR, PCH, PEG, PFE, PG, PH, PHR, PKG, PLD, PLUG, PNR, PODD, POWI, PPG, PTCT, PWR, QCOM, QNST, QRTEA, QRVO, QTWO, RAMP, RARE, RBC, RCM, REZI, RILY, RLI, RMD, ROAD, ROK, ROL, RPM, RSG, RUSHA, RXN, SAFE, SAIA, SBUX, SCCO, SCI, SEE, SGMS, SHAK, SHW, SHYF, SILK, SITE, SIVB, SMG, SMTC, SNA, SNBR, SNPS, SNX, SPB, SPSC, SPWR, SRCL, SSNC, STAG, STE, STNE, SWAV, SWK, SXT, SYK, SYKE, TCRR, TECH, TEL, TER, THRM, TKR, TMX, TNET, TPB, TPIC, TPX, TRMB, TROX, TT, TTC, TTEK, TTGT, TWST, TXN, TXRH, UBER, UI, UNH, URBN, URI, V, VAC, VC, VCEL, VCYT, VMI, VRSK, WCC, WK, WLK, WNC, WOR, WSC, WST, XEL, XLNX, XYL, YMAB, ZBH, ZBRA, ZEN

The following Stocks traded to 52-week lows:

BIIB, TLRDQ

Industrials: AAON, AAXN, ACA, AEIS, AGCO, AIMC, AIT, AME, AQUA, ASGN, ATSG, AVY, BECN, BLDR, BMCH, CAT, CMI, CPRT, CSX, CTAS, DE, DOV, DY, ECHO, ENS, ETN, FELE, FLOW, FWRD, GGG, GTLS, GWW, HDS, HON, HRI, HUBB, IAA, IEX, INFO, IR, ITW, J, JCI, KRNT, LECO, LII

Industrials stocks dominated our list of highs today with 40 out of the 370 total stocks that reached their high coming from the Industrials sector. The Industrials sector is up 4.95% so far Monday while the S&P 500 is up 2.6%. Industrial stocks have the most highs Monday as the sector has been responding extremely well to the Election results so far. Lower unemployment numbers and people driving back to work is increasing demand for oil for daily transportation needs. Airline travel should see a big boost for the Holidays as well but will be competing with rising COVID cases as government continue to weigh whether additional quarantine measures are worth the damage to the economy.

Technology: ACN, ADI, ADSK, ALRM, ALTR, AMAT, ANET, AOSL, APH, APPN, ARW, AVGO, BR, BRKS, CDAY, CDNS, CDW, CGNX, CMBM, CTS, CTSH, DIOD, ENPH, ENTG, EXLS, FFIV, FICO, FLEX, FORM, FTV, GLOB, GLW, GRMN, IIVI, INTU, IPGP, KEYS, KLAC, KLIC

The Technology sector had the second largest presence on our 52-week highs, with 36 out of 370 highs coming from the Technology sector. The Technology sector is up 0.92% so far Monday while the S&P 500 2.6% Big tech is predictably responding very favorably to a Biden White House even if the biggest names such as Apple, Facebook, and Google are not at their highs yet. Despite having the most highs today, technology stocks are actually underperforming markets on Monday but last week's performance still has many stocks near their highs..

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App