S&P 500 Winners: Western Digital and 2 Stocks Popping
The S&P 500 (NYSEARCA:SPY) is up today by 0.24% and stands at 1,249. Here are three better performing stocks.
Western Digital Corporation (NYSE:WDC): Western Digital improved its sales outlook for the FQ2 period. The impact of the Thai flooding continue to be cut down as well. So now Think Equity has increased the price target from $25 to $40. WDC shares recently traded at $31.22, up $1.97, or 6.74%. They have traded in a 52-week range of $23.06 to $41.87. Volume today was 9,881,798 shares versus a 3-month average volume of 4,843,000 shares. The company’s trailing P/E is 9.57, while trailing earnings are $3.26 per share.
Don’t Miss: Why is Gold Finding Support At This Level?
Morgan Stanley (NYSE:MS): The positive jobs report and Angela Merkel’s speech proclaiming a better ending for the Eurozone debt crisis are moving all financial stocks upward. Morgan Stanley is benefitting in particular, as few American financial companies have as much exposure to Europe as Morgan Stanley. MS shares recently traded at $15.66, up $1.15, or 7.93%. They have traded in a 52-week range of $11.58 to $31.04. Volume today was 40,682,839 shares versus a 3-month average volume of 35,374,700 shares. The company’s trailing P/E is 10.27, while trailing earnings are $1.53 per share.
JPMorgan Chase (NYSE:JPM): JP Morgan is getting a boost along with the rest of the financial sector because of the positive jobs report and improved prospects for Europe. However, JP Morgan’s stock has not done well in the past year. JPM shares recently traded at $32.33, up $1.87, or 6.14%. They have traded in a 52-week range of $27.85 to $48.36. Volume today was 72,330,026 shares versus a 3-month average volume of 46,505,700 shares. The company’s trailing P/E is 6.89, while trailing earnings are $4.69 per share.
Investing Insights: Does Google Have Amazon In Its Crosshairs?