3 Strong Movers Today (IIVI, WBS, ARW)

Despite the Dow being up around 60 points, most individual issues aren't moving much one way or the other, and there are actually more losers than winners, which could be telling of a correction, but that's for another column. There are a handful of stocks that are extremely strong today, led by Arrow Electronics, Inc. ARW, II-VI Incorporated IIVI, and Webster Financial WBS. Webster Financial Corporation WBS is up more than 5% on the back of news after some analysts raised earnings estimates on the back of fourth quarter earnings. “We are incrementally positive on WBS coming out of 4Q as improving loan trends and emerging credit leverage bode well for earnings trajectory,” wrote Evercore Partners analysts John Pancari and Dana King. Shares of Arrow Electronics, Inc. ARW are up 6.4% is moving higher after the company was upgraded to Buy from Hold at Longbow. Arrow Electronics distributes a range of electronic components and enterprise computing products, services, and solutions to industrial and commercial users worldwide. II-VI Inc. IIVI is up over 4% today. It's traded more than 200,000 shares today, which is more than the average daily volume of 120,000 shares. II-VI develops, manufactures, and markets materials and derivative precision components and products for precision use in industrial, medical, military, and aerospace applications worldwide.