Chart of the Day - Varian Medical Systems (VAR)

The "Chart of the Day" is Varian Medical Systems (VAR), which showed up on Tuesday's Barchart "All-Time High" list. Varian on Tuesday posted a new all-time high of $72.48 and closed +1.32%. TrendSpotter has been long since Oct 26 at $66.93. In recent news on the stock, SunTrust on Nov 16 initiated coverage on Varian with a Buy and a target of $81. Benchmark on Nov 16 initiated coverage on Varian with a Buy and a target of $88. Varian Medical Systems, with a market cap of $7.7 billion, is the world's leading supplier of equipment and software for treating cancer.