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.
RadioShack (NYSE:RSH) lead the charge up 11.22% today, well above the S&P 500's return of 0.14% thus far. Just behind are shares of Amgen (NASDAQ:AMGN), which is up 7.71%.
Rounding out the list of outperformers are shares of Big Lots (NYSE:BIG) and CH Robinson Worldwide (NASDAQ:CHRW), which are up 6.23% and 3.58%, respectively. Finally we have Office Depot (NYSE: ODP) up a respectable 3.05% on the day.
RadioShack Corporation operates a chain of retail consumer electronics goods and services stores located throughout the United States, as well as in Puerto Rico and the U.S. Virgin Islands. The Company markets electronic parts and accessories, cellular, PCS and conventional telephones, computers, scanners, software, and related products and accessories.
RadioShack (NYSE:RSH) is currently priced 24.6% above its average consensus analyst price target of $2.60. The stock should find initial support at its 50-day moving average (MA) of $2.95 and further support at its 200-day MA of $2.95.