Top Performing Industries For July 1, 2013
At 11:10 am, the Dow surged 1% to 15,059.05, the broader Standard & Poor's 500 index moved up 1.14% to 1,624.58 and the NASDAQ composite index gained 1.31% to 3,447.89.
The industries that are driving the market today are:
Movie Production, Theaters: This industry jumped 3.80% by 11:10 am. The top performer in this industry was Lions Gate Entertainment (NYSE: LGF), which rose 5.1%. Lions Gate's PEG ratio is 0.94.
Electronics Stores: This industry rose 3.72% by 11:10 am ET. The top performer in this industry was Best Buy Co (NYSE: BBY), which gained 6.7%. Analysts at Credit Suisse resumed Best Buy at “outperform.”
Music & Video Stores: This industry moved up 3.40% by 11:10 am, with Trans World Entertainment (NASDAQ: TWMC) moving up 3.5% to gain the top spot. Trans World commenced tender offer to purchase up to $25 million of its value in common stock.
Electronic Equipment: The industry gained 2.85% by 11:10 am. The top performer in this industry was Emerson Radio (NYSE: MSN), which gained 7.7%. Emerson Radio's trailing-twelve-month ROE is 13.97%.
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