3 Best Performing Stocks on the S&P 500: JBL, AMZN, DF, SPY
The S&P 500 (NYSE:SPY) is down over 1% to 1,162. Although the tech sector is down 1.28%, three noteworthy stocks are all up in that sector.
Jabil Circuit Inc. (NYSE:JBL): Jabil beat its earnings per share target for the 4th quarter of 2010, and exceeded the 11% profit increase year over year. The company set a higher target for the 1st quarter of 2011 as well. JBL is up 8.06% today. Don’t Miss: Jabil Circuit Earnings Cheat Sheet: Fifth Consecutive Quarter of Double-Digit Growth.
Amazon (NASDAQ:AMZN): Amazon unleash a whole new glut of products today. The Kindle Fire, at $199, will run on Android and feature a seven inch display. It will be fueled by Amazon Silk. The new traditional e-reader, at $79, will be Amazon’s cheapest e-reader yet. The Kindle Touch round out the new product line. Amazon is now up 3.72%.
Dean Foods (NYSE:DF): Although Dean Foods is down 55% since the market bottom of 2009, the stock has stabilized since it was taken over by David Tepper at the end of 2010. The stock is up 2.94% today.
Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock.