Markets rise as companies beat earnings estimates; Real estate leads 52-week highs

During Wednesday’s trading, 90 stocks hit 52-week highs while 2 stocks hit new 52-week lows. The S&P 500 is up 0.68% today, the Dow 0.73%, the Nasdaq 0.64% and the Russell 2000 1.68%.

Markets traded higher on Wednesday after a number of large companies reported better-than-expected gains after yesterday’s close and ahead of today’s opening. All stocks of Chipotle (CMG), United Airlines (UAL), Verizon (VZ), Coca Cola (KO) and Johnson & Johnson (JNJ) are higher during today’s trading after the companies beat earnings estimates for the quarter. CMG in particular grew by over 12% and significantly exceeded expectations as the restaurant chain’s sales increased.

Industry highlights

property Stocks dominated our list of highs today, with 24 of the 90 stocks that peaked being in the real estate sector. The real estate sector is faring behind the market, up 0.17% so far on the day. Last month, the real estate sector outperformed the market, up 4.93%, while the S&P is up 3.76%.

Real estate stocks hit the most highs on Wednesday as the sector continues to climb, up nearly 5% last month in a reopened economy recovering from the pandemic.

property: ACC, AVB, CLI, CPLG, CUZ, EPRT, EQR, ESS, FR, GOOD, ILPT, IRT, PEAK, REXR, RVI, SAFE, SNR, STAG, STAR, STOR, UDR, UMH, VTR, WPC,

Industry had the second largest presence on our 52-week highs, with 18 of 90 highs coming from the industrial sector. The industrial sector outperformed the market today and is up 0.84% ​​so far on the day. Last month the industrial sector underperformed the market, up 0.91% while the S&P rose 3.76%.

Despite the underperformance of the market, industrial stocks have the second highest highs today, with the sector gaining ground after a relatively flat month of trading last month.

Industry: CSL, DCI, DOV, EFX, ETN, EXPD, INFO, LECO, LHX, MIDD, MYRG, NDSN, ROK, ROP, TT, WMS, WTS, XYL,

The lists

The following stocks traded at 52-week highs: ACC, ALB, AMEH, AMN, AN, AVB, BHVN, BRKR, BX, CACI, CLAR, CLI, CMG, CPLG, CSL, CUZ, CVNA, DCI, DOV, EFX, EPRT, EQR, ESS, ETN, EXLS, EXPD, FR, FTNT, GUT, GPI, GRMN, HALL, HCA, HRC, ILPT, INFO, INMD, IPG, IRT, ISRG, KO, LE, LECO, LHX, MBI, MCO, MIDD, MMC, MS,

The following stocks traded at 52-week lows:
OPTN, ENSC,

No ETF was trading at 52-week lows today.

About Paige McCarthy

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