Against the current: Markets are down, yet XPO Logistics, Inc., Snap-On Inc, Watsco, Inc. go up and make this list of top gainers.
The leading indices were losing ground — S&P 500 slipping 0.65% and closing at 4,127.39. Nasdaq drawing back 0.75% to 12,066.
While price action maintains a negative bias, United States Philadelphia Fed Manufacturing Index (Apr) released today at 12:30 UTC with a figure of -31.3, while the previous figure was -23.2.
Though markets had an unsatisfactory day yesterday, some industrials stocks manage to recover as Top Gainers. Take a look:
Snap-on | +4.54% to start today's session
The high-quality tools maker has fallen back around 7.66% over the past 2 months, from a notable high of $259.66. So far this year, it has been under-performing the S&P by 3.42%. The high-quality tools maker's market cap currently stands at $13.32 billion with an average daily trading volume of 274,574 shares.
Snap-on is scheduled to announce earnings results today. The consensus Earnings Per Share estimate is 4.14 and the consensus revenue estimate is $1.13 billion.
+13.97%: strong start to the session sees XPO Logistics peaking at $39.62
After closing the previous trading day at $34.58, XPO Logistics is up to $39.41, which makes for a move of 13.97%/$4.83 today. XPO Logistics's market cap is currently $4.55 billion with an average daily volume of 1.58 million shares. So far this year, it has been doing worse than the Nasdaq by 7.64%.
Watsco gains 4.45% ahead of the quarterly earnings report set for today
After closing the previous trading day at $316.58, Watsco is up to $330.67, which makes for a move of 4.45%/$14.09 today. With an average daily volume of 322,050 shares. So far this year, it has been beating the Nasdaq by 9.43%.
Watsco is scheduled to announce earnings results today. The consensus EPS estimate is 2.3 and the consensus revenue estimate is $1.52 billion.