Top Performing Industries For March 16, 2015
At 10:20 am, the Dow climbed 1% to 17,926.20, the broader Standard & Poor's 500 index moved up 0.96% to 2,073.19 and the NASDAQ composite index surged 0.87% to 4,914.08.
The industries that are driving the market today are:
Drugs Wholesale: This industry rose 2.4% by 10:20 am ET. The top performer in this industry was AmerisourceBergen Corporation (NYSE: ABC), which gained 3.2%. UBS upgraded AmerisourceBergen from Neutral to Buy and raised the price target from $102.00 to $118.00.
Drug Related Products: This industry jumped 2.1% by 10:20 am. The top performer in this industry was Perrigo Company Public Limited Company (NYSE: PRGO), which rose 2.1%. Perrigo's PEG ratio is 1.72
Diagnostic Substances: This industry moved up 2% by 10:20 am. The top performer in this industry was Vermillion, Inc. (NASDAQ: VRML), which gained 7.7%. Vermillion is expected to report Q4 financial results on March 25, 2015.
Specialized Health Services: The industry gained 1.8% by 10:20 am. The top performer in this industry was US Physical Therapy Inc. (NYSE: USPH), which gained 3.4%. US Physical Therapy shares have surged 47.61% over the past 52 weeks, while the S&P 500 index has gained 10.47% in the same period.
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