During trading Wednesday, 145 stocks traded to a 52-week high, while 4 stocks bottomed out at new 52-week lows. The S&P 500 is up 0.08% on the day so far while the Dow is up 0.09% and the Nasdaq is up 0.29%. Small-cap stocks are leading the way higher today following Pfizer's announcement that they are seeking emergency-use authorization for their vaccine as investors look towards the end of the pandemic, despite new lockdowns and growing cases. Robinhood added their name to the list of several companies seeking an IPO in the coming months, including Airbnb and DoorDash among others. Housing starts in October increased 4.9% month over month to return near pre-pandemic levels recorded in February. Target (TGT) and TJX (TJX) both beat earnings estimates this morning, while Spire (SR) and Avaya Holdings (AVYA) missed.
The following stocks traded to 52-week highs:
ABG, ACA, AEO, AGYS, AIT, ALB, ALV, AMG, ANET, ANF, APPN, APTV, ARCB, ASGN, ATRA, ATSG, AVID, AX, BALY, BCEI, BHVN, BSIG, CAI, CDLX, CDMO, CDNA, CE, CLF, CMCSA, CNO, COOP, CORE, COWN, CPS, CTS, CVGI, DLB, DMRC, DNKN, DOW, ELF, ENS, ENSG, ESI, EV, EVR, EVTC, EXPO, FIZZ, FLEX, FMC, FOLD, FOSL, FWRD, GLIBA, GM, GNTX, GRBK, GWW, HALO, HDS, HEI, HI, HLIO, HMST, HRI, HVT, IEX, IIVI, IP, J, JOE, KLAC, KLIC, KNSL, KOD, LB, LBRDK, LEA, LOB, LTHM, LZB, MCRB, MDRX, MOD, MS, MSTR, NEO, NSC, NSTG, NTLA, ODP, OPY, ORBC, PAG, PAR, PCRX, PLAN, PRIM, PRTY, PTCT, QCOM, R, RBBN, RBC, RCII, RCKT, RCM, RHI, RILY, RLGT, ROAD, ROG, SBUX, SEE, SF, SHYF, SIVB, SNBR, STNE, SWAV, TEX, TGH, TGT, THRM, TITN, TJX, TPB, TPX, TRTN, TRUP, TTEK, TUP, TWST, UPWK, URI, VC, VCYT, VG, WCC, WNC, XPO, XXII, YUMC, ZEN
The following Stocks traded to 52-week lows:
CHKAQ, MNKKQ, NEBLQ, ATEX
The following ETFs traded to a 52-week high:
CUT, DBB, EWT, EWY, EZU, IWC, IWM, IYJ, IYK, IYT, KCE, MOO, PBD, PBW, REMX, RJA, XBI, XLI, XRT
The following ETFs traded to a 52-week low:
None
Industrials: ACA, AIT, ARCB, ASGN, ATSG, CAI, ENS, EXPO, FWRD, GWW, HDS, HEI, HI, HLIO, HRI, IEX, J, NSC, PRIM, R, RBC, RCII, RHI, RLGT, ROAD, SHYF, TEX, TGH, TITN, TRTN, TTEK, UPWK, URI, WCC, WNC, XPO,
Industrials stocks dominated our list of highs today with 36 out of the 145 total stocks that reached their high coming from the Industrials sector. The Industrials sector is outperforming the market, increasing 0.9% so far on the day. Over the last month the Industrials sector has grown 7.21%, outpacing the S&P's growth of 3.61%. Ryder System (R) traded to highs today after announcing that they will provide $30 million in bonuses to nearly 30,000 of their frontline employees. Textainer Group (TGH) reached all-time highs today after being upgraded to Outperform from Market Perform by Keefe Bruyette.
Consumer Cyclical: ABG, AEO, ALV, ANF, APTV, BALY, CPS, CVGI, DNKN, FOSL, GM, GNTX, GRBK, HVT, IP, LB, LEA, LZB, MOD, ODP, PAG, PRTY, SBUX, SEE, SNBR, THRM, TJX, TPX, TUP, VC, YUMC,
The Consumer Cyclical sector had the second largest presence on our 52-week highs, with 31 out of 145 highs coming from the Consumer Cyclical sector. The Consumer Cyclical sector is outperforming the market today, increasing 0.42% so far on the day. Over the last month the Consumer Cyclical sector has underperformed the market, decreasing 33% while the S&P increased 3.61%. General Motors (GM) is on highs after Reuters released that the company will announce increased spending on electric vehicles tomorrow. Aptiv (APTV) is on highs despite yesterday's downgrade to Underperform from Buy at Bank of America Securities. Lastly, Green Brick Partners (GRBK) is on highs after being maintained at about 24.12 million shares by David Einhorn and Greenlight Capital in their disclosed Quarter 3 filings.
