The Dow Jones Industrial Average
|Dow Jones Industrial Average||+4.24 [0.03%]||12,878|
|S&P 500||-1.27 [-0.09]||1,350|
But while the markets as a whole didn't move much today, there were some Dow stocks that fared considerably better than others. Hewlett Packard
The Dow's second-biggest winner was Boeing
Outside of the Dow, positive earnings reports helped push some companies up significantly. It's easy to see why Michael Kors finished the day up over 27%. The luxury retailer saw its comparable store sales, a key retail metric, rise 38% in North America. The company also grew sales in Europe and gave an upbeat revenue outlook for its current quarter. Rackspace Hosting also rode solid earnings to a big-time gain, finishing up 12.6%. The company reported fourth-quarter earnings that rose 85%, solidly beating analyst expectations.
While all of these companies beat the market today, our chief investment officer has picked out one company that he's convinced will crush the market for all of 2012. This company has so much promise that we've dubbed it "The Motley Fool's Top Stock for 2012." You can get instant access to the name of this company by clicking here -- it's absolutely free.
Brendan Byrnes owns no shares of any company mentioned above. Motley Fool newsletter services have recommended buying shares of Rackspace Hosting. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.