PRG - Matson sails to top industrial gainer Vertiv picks #1 loser tag amid earnings impact
Shipping company Matson managed to be in the top five again this week , while Vertiv faced the brunt of earnings. The SPDR S&P 500 Trust ETF (NYSEARCA:SPY) +0.16% finished the week ending Feb. 25 in the green after being in the red two weeks in a row amid the Russia-Ukraine crisis. YTD the ETF is -7.83%. The Industrial Select Sector SPDR (NYSEARCA:XLI) -0.03%, was in the red for the third week straight. The top five gainers in the industrial sector (stocks with a market cap of over $2B) all gained more than +10%. Matson (NYSE:MATX) +24.79%. Last week's second best gaining stock took the top spot this week. The Hawaii-based shipping company gained throughout the week. The Wall St. Analysts' Rating is Buy with an Average Price Target $101.5. Encore Wire (NASDAQ:WIRE) +14.07%. The maker of electrical building wires and cables came in second with no major news this week. In the past one year the stock has risen +85.75%. The
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Matson sails to top industrial gainer, Vertiv picks #1 loser tag amid earnings impact