Top Performing Industries For May 3 (CVCO, SNDK, CTCH, CLP, BC)

At 1:10 pm, Dow gained 141.40 points, or 1.28%, to 11,150.01, while the broader Standard & Poor's 500 index climbed 14.92 points, or 1.26%. The Nasdaq composite index too was up 36.82 points, or 1.50%.

The industries that are helping the market keep afloat today are:

Manufactured Housing: The top gainer of the day, this industry added 7.45% by 12:46 pm. The top performer in this industry, Cavco Industries Inc (NASDAQ: CVCO), rose by 9.46%. CVCO reported net sales of $36,271,000 for the March quarter, which is 146% up from the December quarter.

Semiconductor- Memory Chips: This industry climbed 6.22% by 12:46 pm. The top gainer within the industry, SanDisk Corp (NASDAQ: SNDK), added 9.31%. SNDK, which is the global leader in flash memory cards, has recently unveiled its slotRadio Motown Card.

Internet Service Providers: This industry moved up 5.15% by 12:46 pm, with Commtouch Software Ltd (NASDAQ: CTCH) climbing 2.03% to gain the top spot. CTCH develops and provides messaging and web security solutions to original equipment manufacturer partners and enterprises.

REIT - Residential: The industry, which rose 4.39%, has the top gainer in the form of Colonial Properties Trust (NYSE: CLP). CLP posted a better-than-expected EPS for the March quarter.

Recreational Goods, Other: This industry climbed 4.17% by 12:46 pm. The top performer in this industry was Brunswick Corp (NYSE: BC), which added 6.03%. The EPS reported by BC for the March quarter is 83.70% higher than expected.

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