Top Narrow Based Indexes For December 13 (MIPS, CCME, SGA)
By 10:55 am, the Dow Jones Industrial Average was up 40.27 points, or 0.35%, to 11,450.59, while the broader Standard & Poor's 500 index had gained 5.33 points, or 0.43%. The NASDAQ composite index rose 7.51 points, or 0.28%.
Some of the narrow based indexes driving the markets are Memory Chip Stocks, which have gained 3.4%, Chinese Advertising Stocks, up 2.9%, and Radio Stocks, moving 2.8% higher as a group.
In Tickerspy's Memory Chip complex, MIPS Technologies Inc (NASDAQ: MIPS) had surged 9.5%. MIPS' trailing-twelve-month ROE is 43.41%.
The best performing Tickerspy Chinese Advertising stock has been China MediaExpress Holdings Inc (NASDAQ: CCME), which was up 8.2%. CCME's PEG ratio is 0.25.
Saga Communications Inc (AMEX: SGA) is today's leading Tickerspy's Radio stock, gaining 8.4%.SGA's quarterly earnings advanced 44.00% y/y.
Read more from Benzinga's Markets.
