Friday, January 13, 2012

Chart of the Day - IHS Inc (IHS)

The "Chart of the Day" is IHS Inc (IHS), which showed up on Wednesday's Barchart "All Time High" list. IHS on Wednesday posted a new all-time high of $91.74 and closed up 0.50%. TrendSpotter just turned Long again on IHS on Tuesday at $91.11. In recent news on the stock, RW Baird on Jan 9 reiterated its Outperform rating and raised its target to $95 from $92 due to strong sales growth in certain segments. IHS on Jan 6 reported Q4 adjusted EPS of 99 cents, above the consensus of 93 cents. IHS Inc, with a market cap of $5.8 billion, is a leading global provider of critical technical information, decision-support tools and related services to customers in a number of industries including energy, defense, aerospace, construction, electronics, and automotive.

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