Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



These Stocks Sent the Dow Soaring Again

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

In every bull market, there comes a time when nothing can seem to stop stocks from rising. It looks like we're in that phase now, as the Dow Jones Industrials (DJINDICES: ^DJI  ) overcame an early morning decline to finish the day up 49 points. Both the Dow and the S&P 500 set new record highs, and even on the world-stock front, strength on the economic front from China and Germany has helped send one global stock benchmark to a new five-year high despite the weakness in Europe. Basically, what we've seen is that in the absence of news to the contrary, the path of least resistance appears to be upward.

UnitedHealth (NYSE: UNH  ) was the biggest gainer in the Dow, rising more than 3%. With no important news concerning the company, it's hard not to look back at the last time UnitedHealth rose for no explicable reason. Last month, the stock soared 3% late in the day, only to jump even further the next day when the federal government announced Medicare Advantage payment rates would unexpectedly rise rather than fall. So far, there's nothing to suggest any similar bombshell is imminent, although a recent Wall Street upgrade of health insurers could be what's creating some optimism about the sector.

Alcoa (NYSE: AA  ) rose almost 3% as the international economic news benefited it more than many of the Dow's components. As the producer of a commodity metal, Alcoa needs conditions in the key markets it serves to improve. That makes it particularly sensitive to positive economic news throughout the world, and with the strategic moves Alcoa has made to try to get through the tough times, investors are hoping that better economic times will finally lift the stock out of its doldrums.

Outside the Dow, obesity drugmaker VIVUS (NASDAQ: VVUS  ) soared almost 10% after releasing earnings this morning. Although its Qsymia diet pill didn't sell well, with overall revenue of $4.1 million coming in well below analyst estimates, VIVUS said that it's talking with larger pharma companies to try to find better ways to market and encourage more extensive use of the drug. With many short sellers betting against the stock, any good news from its strategic plans could lead to a squeeze that could produce even further gains.

Investors everywhere are wondering whether the tide will turn for VIVUS or if now is the perfect time to sell. In a new premium research report, the Fool's top health-care contributor breaks down this complex story and explains the details VIVUS investors must know -- including reasons to buy and sell. To find out more about this premium report, click here now.

Read/Post Comments (0) | Recommend This Article (5)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2419210, ~/Articles/ArticleHandler.aspx, 9/27/2016 4:57:29 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 7 hours ago Sponsored by:
DOW 18,094.83 -166.62 -0.91%
S&P 500 2,146.10 -18.59 -0.86%
NASD 5,257.49 -48.26 -0.91%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/26/2016 4:35 PM
^DJI $18094.83 Down -166.62 -0.91%
AA $9.68 Down -0.08 -0.82%
Alcoa CAPS Rating: ***
UNH $139.72 Down -0.79 -0.56%
UnitedHealth Group CAPS Rating: ****
VVUS $1.24 Up +0.11 +9.73%
VIVUS CAPS Rating: **