The American markets today at 20:24 New York time witnessed strong heights in a number of shares, where retail companies, agriculture, and auto parts have topped the list of winners, and these gains reflect investor confidence in the performance of these sectors, driven by positive expectations and improvement of financial statements.
Below is an analytical view of the most prominent shares that recorded a remarkable rise during the session.
Dollar Tre Inc – DLTR
Dollaar TREE rose to $ 76.75, an increase of +7.54 dollars ( +10.89%), and this rise came with the support of sales power and the continued demand of consumers to low -price stores, which strengthened the confidence of investors, and if the purchasing momentum continues, the stock may test 80 dollars during the upcoming sessions.
General (Dollar General – DG)
Dollar General shares increased to $ 87.31, achieving +2.61 dollars ( +3.08%), as these gains were strengthened thanks to a strong performance of the sector, as “General Dollars” benefits from increasing demand for economic products.
The arrow is expected to face resistance at $ 90, while finding support at $ 85.
Bung – BG
Bunge rose to $ 76.47, achieving +2.28 dollars ( +3.07%), and this positive performance is reflected in the improvement of demand for agricultural goods and the high prices of basic products.
As supportive factors continue, the stock may turn about $ 78, with a support level at $ 75.
O’reillly Automotive – Orly
O’Railly Automotive shared a jump to $ 1,422.90, an increase of +41.92 dollars ( +3.04%), and this increase reflects the increasing demand for auto parts, which enhances the sustainability of profits, and the arrow may face resistance at $ 1,450, while finding support at $ 1,400.
Abbott Laboratories – ABT
ABBTTT LABOratories rose to $ 130.54, achieving +3.94 dollars ( +3.11%), and this rise reflects the optimism of investors in the health care sector, where “Abbot” benefits from increasing demand for medical devices, and the stock is expected to target the level of $ 135 during the coming period.
