Chart of the Day - Ecolab (ECL)

The "Chart of the Day" is Ecolab (ECL), which showed up on Friday's Barchart "All Time High" list. Ecolab on Friday posted a new all-time high of $58.13 and closed up 0.31%. TrendSpotter has been Long since Nov 30 at $57.02. In recent news on the stock, Ecolab on Dec 1 closed its merger with Nalco and raised its quarterly dividend to 14% to 20 cents per share. Goldman on Dec 2 resumed coverage on Ecolab with a Neutral rating. Ecolab, with a market cap of $17 billion, is the global leader in cleaning, sanitizing, food safety and infection control products and services.