Top Narrow Based Indexes For March 8 (BSFT, MDC, DAL)

By 11:50 am, the Dow Jones Industrial Average was up 73.91 points, or 0.61%, to 12,163.94, while the broader Standard & Poor's 500 index had gained 7.42 points, or 0.57%. The NASDAQ composite index rose 14.81 points, or 0.54%.

Some of the narrow based indexes that are driving the markets are Communication Services Stocks, which have gained 6.1%, Homebuilder Stocks, up 3.7%, and Airline Stocks, moving 3.3% higher as a group.

In Tickerspy's Communication Services complex, BroadSoft Inc BSFT had surged 35.8%. BSFT reported better-than-expected Q4 results and issued upbeat projections.

The best performing Tickerspy Homebuilder stock has been MDC Holdings Inc MDC, which was up 7.8%. Analysts at Ticonderoga upgraded MDC from “sell” to “neutral.”

Delta Air Lines Inc DAL is today's leading Tickerspy's Airline stock, gaining 7.1%. DAL's trailing-twelve-month ROE is 103.85%.

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Posted In: NewsMarketsMoversAirlinesConsumer DiscretionaryHomebuildingIndustrialstop Narrow Based Indexes
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