Chart of the Day - Cooper Tire & Rubber Company (CTB)

The "Chart of the Day" is Cooper Tire & Rubber Company (CTB), which showed up on Monday's Barchart "52-Week High." Cooper Tire on Monday posted a new 16-month high of $24.43 and closed +2.92%. TrendSpotter has been long since Nov 5 at $22.88. In recent news on the stock, Morgan Stanley on Nov 7 reiterated its Overweight rating on Cooper Tire and raised its target to $30 from $22. Cooper Tire on Nov 2 reported Q3 EPS at $1.17, far above the consensus of $0.86. Cooper Tire, with a market cap of $1.5 billion, specializes in the manufacture and marketing of automotive products.