A. O. Smith Reaches New Highs

A.O. Smith (AOS) is surging to new all-time highs today. The shares are up over 7% on very heavy trade after the industrial electric equipment company reported a 16% rise in profit for the first quarter. Investors jumped on the stock immediately following the pre-market news, sparking a powerful gap-higher open.

AOS began the session just above heavy resistance near its March peak of $46.30. Within the first few minutes of trade, the stock had reached its previous all-time high of $47.00. AOS hit this level in mid-February after its major bull run off the Oct. 4 lows ran out of steam. This morning's ramp stalled here for a short time, but the powerful momentum unleashed on the bell has easily cleared the former highs....252 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.