Below are the top five performing stocks in the Dow Jones Industrials Index. These companies should be watched for additional outperformance to the upside.
Walt Disney (NYSE:DIS) lead the charge up 6.73% today, well above the Dow's return of 2.24% thus far. Just behind are shares of Caterpillar (NYSE:CAT), which is up 3.99%.
Rounding out the list of outperformers are shares of Bank of America (NYSE:BAC) and Hewlett-Packard (NYSE:HPQ), which are up 3.81% and 3.62%, respectively. Finally we have Alcoa (NYSE: AA) up a respectable 3.32% on the day.
The Walt Disney Company, an entertainment company, conducts operations in media networks, studio entertainment, theme parks and resorts, consumer products, and Internet and direct marketing. The Company produces motion pictures, television programs, and musical recordings, as well as publishes books and magazines. Disney also operates ABC radio and television and theme parks.
Walt Disney has overhead space with shares priced $36.97, or 9.8% below the average consensus analyst price target of $41.00. The stock should hit resistance at its 200-day moving average (MA) of $38.22, as well as support at its 50-day MA of $32.85.
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