During trading Wednesday, 144 stocks traded to a 52-week high, while 13 stocks bottomed out at new 52-week lows. The S&P 500 is up 0.3% so far today while the Dow is up 0.25%, the Nasdaq is up 0.11%, and the Russell 2000 is up 0.81%.
Stocks are rising Wednesday afternoon, holding record highs during a day of low-trade volume. Johnson & Johnson (JNJ) edged lower after releasing data showing that the company's vaccine booster is effective in prompting strong immune responses towards the coronavirus. Meanwhile, the Royal Bank of Canada (RY) is up 1% after reporting profits of $2.97 per share, against estimates for $2.71 per share.
Sector Highlights
Technology stocks dominated our list of highs today with 38 out of the 144 total stocks that reached their high coming from the Technology sector. The Technology sector is underperforming the market, decreasing 0.03% so far on the day. Over the last month the Technology sector has outperformed the market, increasing 1.86% while the S&P increased 1.69%.
Mimecast (MIME) is up 6.9% after announcing that it will be joining the S&P MidCap 400. Meanwhile, Dynatrace (DT) is up 2.79% after announcing that it has extended its Application Security Module running on its .NET framework, which is used by more than 5 million developers worldwide.
Technology: ADBE, ALTR, BILL, CAMT, CDNS, CLFD, CRWD, CSCO, DOMO, DT, EVCM, GLOB, GRMN, INTU, JNPR, KEYS, MIME, MRVL, MSI, MXL, NOW, NVDA, PAYC, PCTY, POWI, PRFT, QADA, RDWR, S, SNPS, SPSC, SPT, SYNA, TRMB, WK, XLNX, ZBRA, ZS
Industrials had the second largest presence on our 52-week highs, with 28 out of 144 highs coming from the Industrials sector. The Industrials sector is outperforming the market today, increasing 0.69% so far on the day. Over the last month the Industrials sector has underperformed the market, increasing 0.24% while the S&P increased 1.69%.
Industrials: AMRC, ASGN, ASPN, BDC, CARR, CCRN, CMRE, CODI, CSL, DAC, DCI, DOV, EMR, ETN, GRIN, GTLS, JCI, MWA, NDSN, NSP, ODFL, PFSW, PWR, RCII, RSG, WTS, XYL, ZIM
The Lists
The following stocks traded to 52-week highs:
A, ABBV, ADBE, AIG, AIZ, ALGN, ALTR, AMCR, AMP, AMR, AMRC, ANAT, APR, APTS, ARCH, ASGN, ASO, ASPN, BDC, BILL, BIO, BK, BLFS, BLK, BRDG, BRKR, BSIG, BTU, BX, CAMT, CARR, CBB, CCRN, CDNS, CINF, CLDX, CLFD, CMG, CMO, CMRE, CODI, CRWD, CSCO, CSL, CTLT, DAC, DCI, DKS, DOCS
The following stocks traded to 52-week lows:
ALZN, BLND, BTWN, CPB, CVGW, DSP, OWLT, PAE, PAY, SAM, TBPH, UP, XOS
The following ETFs traded to a 52-week high: