Below are the top five performing stocks in the Dow Jones Industrials Index. These companies should be watched for additional outperformance to the upside.
Merck (NYSE:MRK) lead the charge up 4.00% today, well above the Dow's return of 1.46% thus far. Just behind are shares of JPMorgan Chase (NYSE:JPM), which is up 3.37%.
Rounding out the list of outperformers are shares of Caterpillar (NYSE:CAT) and Alcoa (NYSE:AA), which are up 3.20% and 2.93%, respectively. Finally we have AT&T (NYSE: T) up a respectable 2.59% on the day.
Merck & Co., Inc. is a global pharmaceutical company that discovers, develops, manufactures, and markets a broad range of human and animal health products. Merck's products include a treatment for elevated cholesterol, a treatment for male pattern hair loss, a preventive treatment for osteoporosis, a treatment for hypertension, and a treatment for allergic rhinitis.
There is potential upside of 0.0% for shares of Merck based on a current price of $44.73 and an average consensus analyst price target of $44.75. The stock should discover initial support at its 50-day moving average (MA) of $40.06 and subsequent support at its 200-day MA of $37.79.
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