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April 25, 2023
Against the current: Markets slid, yet Hubbell Incorporated, Hexcel Corporation, Watsco, Inc. went up and made this list of today's top industrials stocks gainers.
Leading equity indices in the US declined as after dropping 1.58%, S&P 500 closed at 4,071.63. Nasdaq shed 1.98% and closed at 11,800.
Amid the market gloom, United States New Home Sales (Mar) came out at 683,000, while a consensus of analysts was expecting 630,000.
Despite markets falling today, some industrials stocks managed to post gains. Have a look at these Top Gainers.
+2.26%: solid session for Watsco generates 2.26% gain today
Bullish sentiment helped America's largest air-conditioning distributor to hammer out a noteworthy $335.68 to $346.47 range today, and finally closing at $346.3 to end the session. Watsco has a market cap of $13.30 billion with an average daily volume of 373,154 shares. So far this year, it has been outperforming the Nasdaq by 18.89%.
Hubbell Inc gains 11.58%, closes at $259.29 ahead of the quarterly earnings report set for today
The US electrical company topped out at $265.44 having ended today at $259.29. However, despite early momentum, the stock gave up its gains to now trade at $259.29. With an average daily trading volume of 336,994 shares. So far this year, it has been doing worse than the Nasdaq by 14.61%.
Hubbell Inc is scheduled to announce earnings results today. The consensus EPS estimate is 2.47 and the consensus revenue estimate is $1.25 billion.
Hexcel | Up 5.6% to $72.4 today
The US structural materials manufacturer has fallen back around 7.97% from the significant high of $74.5 set a month ago. The company has a market cap of $6.11 billion with an average daily trading volume of 574,097 shares.
