Top Performing Industries For July 14, 2015

At 10:30 am, the Dow climbed 0.11 percent to 17,997.92, the broader Standard & Poor's 500 index moved up 0.21 percent to 2,104.06 and the NASDAQ composite index rose 0.42 percent to 5,093.03. The industries that are driving the market today are: Semiconductor- Memory Chips: This industry moved up 6.2 percent by 10:30 am. The top performer in this industry was Micron Technology, Inc. MU, which gained 10.5 percent. Tsinghua Unigroup, China's largest government owned chip design company, is looking to acquire Micron for $21 per share, according to both the Wall Street Journal and Bloomberg News. Photographic Equipment & Supplies: The industry gained 5.8 percent by 10:30 am. The top performer in this industry was GoPro Inc GPRO, which gained 5.8 percent. Barclays upgraded GoPro from Equal-weight to Overweight and raised the price target from $50.00 to $65.00. Catalog & Mail Order Houses: This industry rose 1 percent by 10:30 am ET. The top performer in this industry was Amazon.com, Inc. AMZN, which gained 1.5 percent. UBS upgraded Amazon.com from Neutral to Buy and raised the price target from $450.00 to $550.00. Synthetics: This industry jumped 0.8 percent by 10:30 am. The top performer in this industry was Lightbridge Corp LTBR, which rose 1.4 percent. Lightbridge shares have dropped 63.66 percent over the past 52 weeks, while the S&P 500 index has surged 6.40 percent in the same period.
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