7 Winning Stocks for the Dow’s 7th Record: Facebook Inc (FB), VMware, Inc. (VMW), EMC Corporation (EMC)

The Dow Jones Industrials again eked out another record close, finishing higher by five points and making it seven days in a row that the average has finished at new all-time highs. At this point, the market seems like it’s heading higher based solely on pure momentum, as some of the support from favorable economic data has tapered off, and macroeconomic concerns are slowly rearing their heads again.

Dow Jones Industrial Average 2 Minute (INDEXDJX:^DJI)But a look at seven winning stocks from today should give you a sense of where the strength in the market is coming from:

International Business Machines Corp. (NYSE:IBM) was the Dow’s biggest percentage gainer, rising almost three-quarters of a percent to hit its own record high. IBM has the largest impact on the Dow because of its high share price, and as Fool contributor Anders Bylund discussed earlier today, IBM’s extensive buybacks have historically supported its earnings as it strives to reach its $20-per-share earnings goal by 2015.

Caesars Entertainment Corp (NASDAQ:CZR) jumped another 9%, setting a new 52-week high as investors continue to anticipate the positive impact of online gaming in New Jersey. The debt-ridden company has seen its shares triple just since November on hopes that the new opportunity will reverse its long spell of underperformance compared with more internationally focused rivals.

Netflix, Inc. (NASDAQ:NFLX) soared 6% as the company announced that it will integrate with Facebook Inc (NASDAQ:FB) to share their opinions of favorite shows and movies. The move emphasizes the importance of social features in every facet of people’s lives.

VMware, Inc. (NYSE:VMW) and EMC Corporation (NYSE:EMC) climbed 8% and 2%, respectively, as they announced a plan to spin off VMware’s Cloud Foundry and EMC Corporation (NYSE:EMC)’s Greenplum services into a separate company to be called Pivotal. VMware, Inc. (NYSE:VMW) also gave favorable guidance on revenue, which also helped boost its shares.

National Financial Partners Corp. (NYSE:NFP) jumped 10% in the latest example of the importance that mergers and acquisitions are playing in the bull market. The company said that it may look for a buyer, having gotten interest from several private-equity firms.

Silver Spring Networks represented the IPO market, coming public at $17 per share and rising 29% in its first day of trading. IPOs haven’t all been positive lately, but if they revive, then it could push the market even higher.

Anywhere you look, you can find signs of strength in the market. The Dow might not set records every day, but as long as that overall strength persists, stocks should be able to stay near their highs.

The article 7 Winning Stocks for the Dow’s 7th Record originally appeared on Fool.com and is written by Dan Caplinger.

Fool contributor Dan Caplinger has no position in any stocks mentioned. You can follow him on Twitter @DanCaplinger. The Motley Fool recommends Facebook, Netflix, and VMware and owns shares of EMC, Facebook, IBM, Netflix, and VMware.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!