Sprint and 2 Stocks Atop the S&P 500 Winners
The S&P 500 (NYSEARCA:SPY) is up today by 0.44% and stands at 1,241. Here are three winning stocks with hot news.
Urban Outfitters (NASDAQ:URBN) shares are up after the clothing and accessories retailer reports in a regulatory filing that its comparable retail segment net sales thus far in Q4 are “mid-single-digit positive.” URBN shares recently traded at $27.92, up $1.46, or 5.52%. They have traded in a 52-week range of $21.47 to $39.26. Volume today was 8,235,114 shares versus a 3-month average volume of 3,606,760 shares. The company’s trailing P/E is 20.59, while trailing earnings are $1.36 per share.
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Sprint (NYSE:S) is on the rise as the AT&T merger with T-Mobile looks more and more improbable. S shares recently traded at $2.43, up $0.06, or 2.53%. They have traded in a 52-week range of $2.10 to $6.45. Volume today was 26,415,401 shares versus a 3-month average volume of 60,496,500 shares. The company’s trailing earnings are $-0.84 per share.
Despite NetApp’s (NASDAQ:NTAP) poor FQ3 guidance and market share losses, JPMorgan stays bullish on the company. The firm believes recent performance problems have been dealt with, and foresees that the launch of version 8.1 of its Data ONTAP operating system will stimulate the company by reinforcing NetApp’s offerings for “scale-out” storage deployments. Competitors EMC (NYSE:EMC), Hewlett-Packard (NYSE:HPQ), and Hitachi (NYSE:HIT) have all recently taken on scale-out specialists. NTAP shares recently traded at $38.44, up $1.31, or 3.53%. They have traded in a 52-week range of $33.00 to $61.02. Volume today was 3,467,591 shares versus a 3-month average volume of 7,499,560 shares. The company’s trailing P/E is 23.42, while trailing earnings are $1.64 per share.
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