Bank of America and 2 Industrial Stocks Topping the DJIA
The Dow Jones Industrial Average (NYSEARCA:DIA) is up today by 0.80% and stands at 12,522. The large stocks below are among the positive performers today.
Bank of America Corporation (NYSE:BAC): Although Citi’s (NYSE:C) earnings miss is a cause for concern, Bank of America is holding its own. This stock has been doing well in the new year. BAC shares recently traded at $6.53, down $0.08, or 1.21%. They have traded in a 52-week range of $4.92 to $15.16. Volume today was 225,337,690 shares versus a 3-month average volume of 269,125,000 shares. The company’s trailing earnings are $-0.31 per share.
Investing Insights: Bank of America Corp Fourth Quarter Earnings Sneak Peek.
United Technologies Corporation (NYSE:UTX) grabbed a 3% gain, leading the Dow today. United Technologies Corporation got a lot of its profit margins from the Asian region last year, and the belief that China’s monetary policy may ease is helping out. UTX shares recently traded at $77.28, up $1.2, or 1.58%. They have traded in a 52-week range of $66.87 to $91.83. Volume today was 3,652,133 shares versus a 3-month average volume of 4,443,360 shares. The company’s trailing P/E is 14.50, while trailing earnings are $5.33 per share.
3M Company Common Stock (NYSE:MMM) announced a strategic business alliance with FiberZone Networks, the leading provider of Automated Fiber Management (AFM) solutions, so 3M can bring an AFM system to the data center market. MMM shares recently traded at $84.30, up $0.7, or 0.84%. They have traded in a 52-week range of $68.63 to $98.19. Volume today was 1,933,061 shares versus a 3-month average volume of 4,302,740 shares. The company’s trailing P/E is 14.34, while trailing earnings are $5.88 per share.