Against the current: Markets slid, yet Ollie's Bargain Outlet Holdings, Inc., Target, Estee Lauder went up and made this list of yesterday's top consumer staples stocks gainers.
Leading equity indices in the US declined as S&P 500 closed at 3,946.56, a 0.31% change. Nasdaq slipped 0.35% and closed at 11,145.
Amid the market gloom, United States Philadelphia Fed Manufacturing Index (Nov) released yesterday at 13:30 UTC with a figure of -19.4, while the previous figure was -8.7.
Despite markets falling yesterday, some consumer staples stocks managed to go up. Have a look at these top gainers.
Estee Lauder | +2.36% at $228.16
After ending Wednesday at $222.91, Estee Lauder went up to $228.27 only to drop back, yet still traded well overall and closed at $228.16 yesterday. The day's trading volume totalled 1.94 million shares — slightly under the 21-day average of 2.71 million.
Target | +4.21% at $162
Target went up to $162, gaining 4.21%. Daily trading volume (11.27 million shares) was above the current multiday average of 5.72 million.
Clorox | +2.11% at $145.86
10 months ago Clorox reached a significant high of $186.6 but has consequently lost 23.45% since then. So far in 2022, it has performed better than the S&P by 4.56%. Clorox's market cap currently stands at $18.00 billion with an average daily trading volume of 1.29 million shares. Clorox last reported revenue of $2 million with an EPS of 93 cents.
Ollie's Bargain Outlet | +4.21% at $54.42
After ending Wednesday at $52.22, Ollie's Bargain Outlet went up to $54.43 only to drop back, yet still traded well overall and closed at $54.42 yesterday. Daily trading volume (1.30 million shares) was slightly above the current multiday average of 1 million.