Stocks to Watch: CareFusion, ResMed and More ...
Stocks held strong gains after a gauge of manufacturing rose more than expected, and a day after the markets ended their best January in several years.
The Dow Jones Industrial Average gained more than 80 points, after posting its best January since 1997.
So which individual stocks are worth watching today? Here are six that are on the move:
The medical technology company named Kieran Gallahue its new chairman and CEO. Gallahue's replacing David Schlotterbeck, who's retiring.
In order to take the CareFusion job, Gallahue had to leave ResMed, where he was CEO. Doctor Peter Farrell, who founded the company, was named interim CEO.
The healthcare information technology company was trading at all time highs. The company's IPO was in 1996.
JetBlue Airways Corporation
The airline company was downgraded to hold from buy at Argus, which cited a weaker outlook.
Discovery Communications Inc.
The media and entertainment company was downgraded to sell from neutral at Goldman Sachs.
Modine Manufacturing Company
The thermal management system company reported third quarter earnings coming in at 12 cents per share, topping estimates of 9 cents. The company also boosted its 2011 sales guidance.
Get the latest stock picks on the CNBC Stock Blog, and see what analysts and others are watching before the bell each day at Analyst Watch.