Markets were flat yesterday, yet Paccar Inc, Sasol Limited, Travelers Companies Inc showed impressive gains and made this list of top gainers.
Markets completed a mixed session yesterday while Dow Jones closed the day at 33,734, having gained 0.31%. Nasdaq closed at 11,334, a 0.27% change.
Current market events are being influenced by ambiguous macro data as United States API Weekly Crude Oil Stock came out at 3.38 million, while a consensus of analysts was expecting 1.6 million.
Despite yesterday's flat session, several large cap stocks are managing to post notable gains. Take a look at the market's Top Gainers:
Raytheon Technologies | Closed +3.35% at $99.47
Bullish sentiment helped the US aerospace and defense company to hammer out a noteworthy $94 to $108.84 range yesterday, and finally closing at $99.47 to end the session.
Raytheon Technologies reported earnings results yesterday, with EPS at 1.27 and revenues at $18 billion; these results are mixed when compared to a consensus of 1.24 Earnings Per Share and $18.15 billion revenue. Since the release of its earnings report, Raytheon Technologies gained 3.35%.
Paccar | Up 8.64% to $111.08 yesterday
Having ended Monday at $102.25, Paccar came to a record high of $111.43 yesterday. Later, it lost 35 cents and closed at $111.08. The medium and heavy-duty trucks manufacturer has fallen back around 7.95% from the significant high of $111.08 set a day ago. So far this year, it has been beating the Nasdaq by 5.78%. The company has a market cap of $38.63 billion with an average daily trading volume of 2.16 million shares.
Paccar released its quarterly earnings report yesterday, beating analysts estimates. The company reported earnings of 2.64 per share on revenue of $7.73 billion, topping estimates of 2.23 per share on revenue of $7.11 billion. Since the release of its earnings report, Paccar gained 8.64%.
Travelers | Up 3.7% to $193.25 yesterday
The commercial property insurance company is now trading 3.9% below the significant high of $193.92 it set around 12 days ago. So far this year, it has been doing worse than the S&P 500 by 1.4%. Travelers is currently trading with a market cap of $45.29 billion with an average daily volume of 1.24 million shares.
+5.35%: Sasol closes at $18.5 after gaining 5.35%
After closing yesterday at $18.5, the integrated energy and chemical company peaked at $18.52 before giving up early gains and closing at $18.5. Currently, the chemicals company has a market capitalization of $11.85 billion with an average daily trading volume of 186,708 shares. So far this year, it has performed better than the Nasdaq by 11.12%.