Top Performing Industries For May 2 (NFLX, WYNN, FRX, RSH)

At 10:25 am, the Dow rose 0.45% to 12,868.63, the broader Standard & Poor's 500 index moved up 0.44% to 1,369.67 and the NASDAQ composite index gained 0.37% to 2,884.13. The industries that are driving the market today are: Music & Video Stores: This industry jumped 1.94% by 10:25 am. The top stock within the industry was Netflix Inc NFLX, which rose 2.1%. Analysts at Citigroup upgraded Netflix NFLX from “hold” to “buy.” The target price for NFLX has been raised from $245 to $300. Resorts & Casinos: This industry rose 1.54% by 10:25 am ET. The top performer in this industry was Wynn Resorts Limited WYNN, which gained 2.8%. WYNN's PEG ratio is 1.15. Drug Manufacturers - Other: This industry moved up 1.50% by 10:25 am, with Forest Laboratories Inc FRX moving up 5.2% to gain the top spot. FRX's trailing-twelve-month operating margin is 29.80%. Electronics Stores: The industry, which gained 1.24%, saw Radioshack Corporation RSH as the top gainer. RSH's shares rose 2%. RSH's trailing-twelve-month revenue is $4.47 billion. Read more from Benzinga's Markets.
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Posted In: NewsIntraday UpdateMarketsMoversCasinos & GamingComputer & Electronics RetailConsumer DiscretionaryHealth CareInternet RetailPharmaceuticalsTop Performing Industries
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