The Hot Stock: Rockwell Collins Jumps 5.1%

Rockwell Collins (COL) soared to the top of the S&P 500 today after the aerospace & defense company’s adjusted earnings topped analyst forecasts.

Rockwell Collins gained 5.1% to $104.70 today, while the S&P 500 declined 0.3% to 2,348.69. The Industrial Select Sector SPDR ETF (XLI) ticked up 0.1% to $65.41 as strength in Rockwell Collins and Honeywell International (HON) offset earnings-related weakness in General Electric (GE). Honeywell, which also reported today, gained 2.7% to $127.08, while General Electric dropped 2.4% to $29.55.

CFRA’s Jim Corridore offers his take on Rockwell Collins’ earnings:
Source: Barrons

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