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Top 5 Performing S&P 500 Stocks (ISRG, CRM, SLM, YHOO, TIF)

Published on Fri, 03/01/2013 - 14:15
By Peter Chu

Below are the top five performing stocks in the S&P 500 INDEX,RTH. These companies should be watched for additional outperformance to the upside.

Intuitive Surgical (NASDAQ:ISRG) lead the charge up 8.25% today, well above the S&P 500's return of 0.11% thus far. Just behind are shares of salesforce.com (NYSE:CRM), which is up 7.10%.

Rounding out the list of outperformers are shares of SLM (NYSE:SLM) and Yahoo! (NASDAQ:YHOO), which are up 3.85% and 2.72%, respectively. Finally we have Tiffany & Co (NYSE: TIF) up a respectable 2.55% on the day.

Intuitive Surgical, Inc. design, manufactures and markets surgical systems. The Company's surgical system controls Intuitive Surgical endoscopic instruments, including rigid endoscopes, blunt and sharp endoscopic dissectors, scissors, scalpels, forceps/pickups, needle holders, endoscopic retractors, electrocautery, ultrasonic cutters, and accessories during surgical procedures.

Intuitive Surgical (NASDAQ:ISRG) has potential upside of 14.4% based on a current price of $552.08 and analysts' consensus price target of $631.36. The stock should find initial support at its 50-day moving average (MA) of $538.75 and further support at its 200-day MA of $525.45.

By Peter Chu
pchu@fnno.com