Daniel Loeb's Third Point added shares of industrial conglomerate Dover Corp. in the third quarter, CNBC has learned.
DOWNERS GROVE, Ill. _ Dover Corp. on Thursday reported third-quarter earnings of $178.9 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.11 per share. Eight analysts surveyed by Zacks expected $1.98 billion.
Eaton Vance's Michael Allison believes stocks could surge another 5 percent to 10 percent more if tax reform is passed.
The CNBC iq100 tracks large cap companies that get most of their income from their own intellectual property. The index is up more than twenty percent in a year. Some of its top gainers today include Dover, Schlumberger, and Cummins. For more go to CNBC.com/iq100
CNBC's iq100 is up 24 over one year. Today's leaders include Boeing and Mondelez.
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