During trading Friday, 65 stocks traded to a 52-week high, while 9 stocks bottomed out at new 52-week lows. Futures have wavered today as doubts regarding further economic stimulus grows fast among investors. Major indices have traded on either side of neutral today as the S&P 500 is currently up 0.13%, while the Dow is down 0.2% and the Nasdaq is up 0.09%.
The following stocks traded to 52-week highs: ADM, AGCO, AIMC, ALGN, AMH, ANTM, APH, BHVN, BIO, BR, CBAY, CCK, CLAR, CLF, CMI, DHR, DNKN, DY, ETN, EV, EVR, EXAS, EXR, EYE, FCX, FOCS, FOLD, FRC, GTLS, HBI, HUM, HUN, IPGP, ITW, JRVR, KOD, LECO, LH, LOB, MOH, MTX, NBEV, NDSN, NVRO, PBI, PCAR, PH, PHR, PRSC, RAMP, RGEN, RUSHA, SAFE, SAM, SCCO, SIVB, SNAP, SRCL, SSTK, STAA, SWK, TBK, UNH, WOR, ZBRA
The following Stocks traded to 52-week lows: ASC, CRCQQ, DSSI, FARM, ICPT, MNKKQ, SNDL, TNK, XOGAQ
Healthcare: ALGN, ANTM, BHVN, BIO, CBAY, DHR, EXAS, FOLD, HUM, KOD, LH, MOH, NVRO, PHR, PRSC, RGEN, STAA, UNH Healthcare stocks dominated our list of highs today with 18 out of the 65 total stocks that reached their high coming from the Healthcare sector. The Healthcare sector is outperforming the market today, rising 0.1% while the S&P has gained 0.13%. Over the last month, however, the Healthcare sector has fallen behind the market, gaining 3.93% to the S&P’s 5.26%. DHR reached highs after beating earnings estimates yesterday, posting 1.72 EPS on estimates of 1.36 EPS. Meanwhile, NVRO was initiated today as a Buy at Guggenheim with a price target of $190.
Industrials: AGCO, AIMC, CMI, DY, ETN, GTLS, ITW, LECO, NDSN, PBI, PCAR, PH, SRCL, SWK, WOR The Industrials sector had the second largest presence on our 52-week highs, with 15 out of 65 highs coming from the Industrials sector. The Industrials sector has traded even with the S&P, rising 0.13% while the sector continues their one-month trend which has seen Industrials rise 6.5% while the S&P rose 5.26%. AIMC smashed earnings estimates today, posting 0.87 EPS on estimates of 0.46 EPS. ITW reported earnings today as well, posting 1.83 EPS as the company comfortably beat estimates of 1.45 EPS. Meanwhile, GTLS had their price target raised to $111 at Lake Street.