Danaher, Illinois Tool Works, Dover, Pentair, and Dresser-Rand Early Briefing and Review
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For best results when printing this announcement, please click on the link below: http://pdf.reuters.com/pdfnews/pdfnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130306:nPn3066146 LONDON, March 6, 2013 /PRNewswire/ -- Overall markets retained their bullish stance and touched a new life-time high while industrial goods sector saw Danaher Corporation creating its new 52-week high. The sector showed across the board improvement. The Dow Jones ended its latest session at 14,253.77, up 0.89 percent while NASDAQ was up 1.32 percent to close at 3,224.13. Similarly, S&P also closed on an optimistic note at 1,539.79, up 0.96 percent. Our research team took a look at Industrial Goods sector, more specifically the Diversified Machinery industry which includes major companies like Danaher Corporation (NYSE: DHR), Illinois Tool Works Inc. (NYSE: ITW), Dover Corp (NYSE: DOV), Pentair Ltd (NYSE: PNR) and Dresser Rand Group Inc. (NYSE: DRC). StockCall has released free charting and technical research on these aforementioned companies. Register to read these reports at http://www.stockcall.com/report Danaher Corporation is currently in a bullish mode as the stock ended its Tuesday's session at $62.22, up 0.91 percent. The stock traded in the range of $61.72 and $62.43 during yesterday's session. Its first support level is at $61.28 and upon breaching this level, the stock may go down to $59.69 level. On the upside, Danaher's stock may touch $62.85 level. The company's stock has traded in the range of $49.18 and $62.43 in the past 52 weeks and it grew by 16.63 percent during the same time period. On a Year-to-Date basis, the stock is up 11.31 percent. Sign up for the free report on DHR at http://www.StockCall.com/DHR030613.pdf Illinois Tool Works Inc.'s shares ended up for its latest trading session, closing the day 1.23 percent higher at $62.30 on Tuesday. The stock fell to an intra-day low of $61.90, while its intra-day high stood at $62.65. With the upward movement, the company gained more than 2 percent this year, compared to a gain of 7.97 percent for the S&P 500. Its shares have strong support at around $61.85, as the stock shows a bullish trend. The stock is trading above its 20-day moving average price of $62.24. ITW free technical report can be accessed by signing up at http://www.StockCall.com/ITW030613.pdf Dover Corp traded in the range of $72.76 and $73.80 on Tuesday's session and ended the session at $73.47, up 1.52 percent. The stock's 52 weeks range stands at $50.27 and $73.99. Dover has gained 16.1 percent of its value in the past 12 months, while it gained 11.81 percent so far this year. The company is in a bullish mode and may find its first support level at $72.26. It is trading above its 20-day moving average of $72.10. Free report on DOV can be accessed by registering at http://www.StockCall.com/DOV030613.pdf Shares of Pentair Ltd ended its previous trading session up at $52.65, up 1.27 percent. The stock gained more than 7 percent this year, in-line with the broad market. The stock has slipped from $53.44 resistance level. It has support at around $52.44 at the moment. With its upward movement, Pentair is trading above its 6-day and 20-day moving averages. Register with StockCall and download the research on PNR for free at http://www.StockCall.com/PNR030613.pdf Dresser Rand Group Inc.'s stock is in a neutral mode and is trading above its 20-day SMA of $56.40. It ended its latest trading session on Tuesday 0.62 percent higher at $56.47. The stock oscillated in the range of $55.88 and $56.64 during yesterday's session. The stock trades at Price/Earnings ratio of 25.67. Dresser Rand Group is expected to face its first resistance level at $56.64. Read the full free research on DRC by signing up to StockCall at http://www.StockCall.com/DRC030613.pdf About StockCall.com StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at http://www.stockcall.com SOURCE StockCall.com Contact Person:William T. Knight, Email: firstname.lastname@example.org, Contact Number: +1(646)396-9857 (9:00 am EST - 01:30 pm EST)
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