Cellar-Dwellers Take a Leap
In Wednesday's post-election rout, some bright spots came from cellar-dweller industries. For example, companies that manufacture fiber optic gear were among some of the session gainers. For the past 18 months, that subsector of tech has been a woeful underperformer.
On bad market days, it's not unusual to see beaten-down stocks and industries rank among the best gainers. That was certainly the case Wednesday, with familiar names like Ciena (CIEN) and JDS Uniphase (JDSU) notching significant price increases....449 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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