Micron, Lennar: S&P Gainers
NEW YORK (
) --
Micron Technology
(MU)
and
Lennar
(LEN)
were among the best-performing stocks in the
S&P 500
on Monday.
The S&P 500 rose 1.85 points to 1,367.59.
Shares of Micron Technology rose 7.67% to $8.56. One of the company's competitors, Japan's
Elpida Memory
, announced Monday it was filing for bankruptcy protection.
TheStreet Recommends
Micron Technology has a forward P/E of 17.1; the average for semiconductor companies is 15.81. For comparison, both
Altera
(ALTR)
and
Sandisk
(SNDK)
have lower forward P/Es of 17.09 and 8.61, respectively.
Nineteen of the 27 analysts who cover Micron Technology rated it buy. Seven analysts gave it a hold rating and one rated it sell.
TheStreet Ratings
gives Micron Technology a
and a hold rating. The stock has increased 36.09% year to date.
Shares of Lennar increased 2.5% to $22.94. Pending home sales in January rose 2%, reaching a
.
Lennar's forward P/E is 17.78; the average for home construction companies is 20.8. For comparison,
D. R. Horton
(DHI)
has a lower forward P/E of 17.28;
Toll Brothers'
(TOL)
forward P/E is 31.82.
Thirteen of the 23 analysts who cover Lennar rated it hold. Nine analysts gave the stock a buy rating and two rated it sell.
TheStreet Ratings
gives Lennar a B- grade with a buy rating and
price target. The stock has risen 16.74% year to date.
Here are some of the other top S&P performers on Monday:
- Whirlpool (WHR) : The stock increased 6.73% Monday to $76.10. It has risen 60.38% year to date. TheStreet Ratings gives Whirlpool a B- grade with a buy rating and $81.89 price target.
- Medco Health Solutions (MHS) : The stock rose 3.71% Monday to $66.52. It has increased 19% year to date. TheStreet Ratings gives Medco Health Solutions a B grade with a buy rating and $73.98 price target.
- Sprint (S) : The stock increased 3.24% Monday to $2.55. It has risen 8.97% year to date. TheStreet Ratings gives Sprint a D grade and sell rating.
- International Paper (IP) : The stock rose 3.01% Monday to $33.91. It has increased 14.56% year to date. TheStreet Ratings gives International Paper an A- grade with a buy rating and $38.44 price target.
- CF Industries (CF) : The stock increased 2.86% Monday to $189.13. It has risen 30.45% year to date. TheStreet Ratings gives CF Industries a B- grade with a buy rating and $245.86 price target.
- Wells Fargo (WFC) : The stock rose 2.82% Monday to $31.03. It has increased 12.59% year to date. TheStreet Ratings gives Wells Fargo a B grade with a buy rating and $35.40 price target.
- SunTrust Banks (STI) : The stock increased 2.47% Monday to $22.85. It has risen 29.1% year to date. TheStreet Ratings gives SunTrust Banks a C grade and hold rating.
- State Street (STT) : The stock rose 2.29% Monday to $41.46. It has increased 2.85% year to date. TheStreet Ratings gives State Street a B grade with a buy rating and $47.19 price target.
--
Written by Alexandra Zendrian in New York
.
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Alexandra Zendrian
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