Top Performing Industries For March 12 (IPI, AGU, CCO, WNC, BBW)
At 1:35 p.m., Dow gained 11.19, or 0.11%, to 10,623.03, while the broader Standard & Poor's 500 index rose 0.22, or 0.02%, to 1,150.46. The Nasdaq composite index moved down 0.80, or 0.03%, to 2,367.66.
The industries that are driving the market today are:
Nonmetallic Mineral Mining: The top gainer of the day, this industry added 3.86% by 1:35 pm. The top gainer within the industry was Intrepid Potash Inc (NYSE: IPI), which jumped 11.68%. IPI’s trailing-twelve-month operating margins stand at 41.91%. Read more about this company here.
Agricultural Chemicals: This industry climbed 3.85% by 1:35 p.m. ET. The top performer in this industry was Agrium Inc (NYSE: AGU), which added 8.15%. Analysts at Deutsche Bank initiated coverage of AGU with a “buy” rating. Read more about this company here.
Marketing Services: This industry moved up 3.51% by 1:35 pm, with Clear Channel Outdoor Holdings (NYSE: CCO) climbing 11.25% to gain the top spot. Analysts at Wedbush Morgan upgraded CCO from “neutral” to “outperform.” Read more about this company here.
Trucks & Other Vehicles: The industry, which rose by 2.55%, has the top gainer in the form of Wabash National Corporation (NYSE: WNC). WNC gained 8.96% to trade at $5.89. WNC had hired temporary workers and planned to hire more to meet the rising demand for its semitrailers. Read more about this company here.
Toy & Hobby Stores: This industry gained 2.04% and has the top performer in the form of Build-A-Bear Workshop Inc (NYSE: BBW). BBW inched up 0.94% to trade at $6.42. BBW operates as a specialty retailer of plush animal and related products. Read more about this company here.
