TRUP - These 2 Stocks Deserve a Look Even as Markets Soar
Investors kept regaining their confidence in the economy's ability to bounce back from adversity, and that kept stock market benchmarks moving higher. As of just after noon ET, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 530 points to 35,757. The S&P 500 (SNPINDEX: ^GSPC) gained 97 points to 4,688, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was up 461 points to 15,686.
The thrashing that stock markets have suffered has opened the door to some bargain opportunities, and companies that are successfully navigating choppy waters are getting rewarded. For Trupanion (NASDAQ: TRUP) , a massive strategic deal with a key partner could mean a huge upsurge in business for the pet insurance provider. Meanwhile, Designer Brands (NYSE: DBI) reported its latest financial results and gave investors much of what they had hoped to see in a turbulent retail environment. Below, we'll look more closely at both stocks.
Shares of Trupanion were up almost 35% at midday on Tuesday. The pet insurance specialist got a huge vote of confidence from an industry leader.
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These 2 Stocks Deserve a Look Even as Markets Soar