VORB - Cornerstone #1 industrial gainer twice in a row 2021 top stock Avis picks loser tag
Cornerstone took the #1 spot again this week boosted by acquisition news, while shipping companies made their presence felt again the top 5. Meanwhile 2021's top industrial stock Avis was dragged among the losers following earnings results. The SPDR S&P 500 Trust ETF (NYSEARCA:SPY) -1.41% finished the week ending Feb. 18 in the red for the second week in a row. Ten out of the 11 major S&P 500 sector indexes declined, including Industrial Select Sector SPDR (NYSEARCA:XLI) -1.03%, which was in the red again this week. The top five gainers in the industrial sector (stocks with a market cap of over $2B) all gained more than +11%. Cornerstone Building Brands (NYSE:CNR) +21.79% topped the rankings for the second week in a row on acquisition news. The stock soared +21.96% on Feb. 14, after Clayton, Dubilier & Rice made an offer to buy the remainder of Cornerstone it doesn't already own for $24.65/share. In the past one year the
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Cornerstone #1 industrial gainer twice in a row, 2021 top stock Avis picks loser tag