It may have been some time since you’ve heard or read some news about big gainers in the stock market. Much of the mainstream media is running the narrative that the stock market is in decline. The reality is that even with the major slides seen in February and March, the market is still in better shape than it has been for many years.
If you’re an investor looking for some positive news about stocks, then there is some to be found. In fact, some companies have even been making gains in recent days, with technology and industrial companies appearing to be quite resilient to market difficulties.
Here are three stocks that rose on Tuesday, offering some optimism that there are gains to be made, even with so much uncertainty floating around world markets.
Caterpillar Inc. (NYSE: CAT)
Machinery manufacturer Caterpillar is having a strong week, and was up 0.34% after trading on Tuesday. Although the company has been impacted by the volatility of the market in 2018, they have kept their gains with less fluctuation than some other commonly traded stocks. On the whole, the company has only lost 2.23% this year, and is still up 66.68% compared to where it was at this time last year.
The stock is trading at $154.58 ahead of Wednesday’s trade opening.
Boeing Co. (NYSE: BA)
Boeing closed on Tuesday up 1.77%, with a change of 5.87 points from the previous day. The aircraft manufacturer is seen as one of the real winners in the stock market at the moment, and stock values for this company are some of the highest in the United States. Ahead of Wednesday’s trading the stock is at $336.80.
Boeing is unlike most companies in 2018, as it still enjoys an overall gain for the year so far. The company is up 14.49% YTD. Long term growth for the company has also been strong, with 90.77% increased valuation since this time last year.
Intel Corp. (NASDAQ: INTC)
Technology giant Intel Corp. was up 1.42% at the close of the market on Tuesday evening, and like Boeing it is a company that has still maintained growth throughout the market volatility of 2018. Intel is up 11.68% for the year, and stock prices have increased 45.74% when looking back at all of the changes since this time last year.
Intel is one company that could be incredibly profitable as the economy continues to grow. Their technology is used extensively in consumer electronics as well as in business machines and supercomputers. Growing consumer confidence would only benefit the company in the future.
It’s always refreshing to look at strong performers in the stock market, even if you’re not yet in a position to invest. During declines there are still winners to be found, so you should never rely on headlines alone when you are deciding whether to start investing.
You may be interested
Job Hiring is Picking Up as Employers and Consumers Gain ConfidenceLamont J - March 29, 2021
The recent government stimulus for small and medium-sized businesses, personal stimulus checks, and declining Coronavirus cases, are all great news…
Fed Could Maintain 0% Interest Rate Until 2024Adam R - March 26, 2021
The Federal Reserve is holding its target interest rate in a range of 0.00% - 0.25%, even while the economy…