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THE REAL MOST ACTIVE Consumer, Electronics, Medicals Boost Nasdaq.(B)
Byline: DAVID SAITO-CHUNG
The Nasdaq spurted ahead 1.5% on heavier volume Monday and finished at its session high. The Nasdaq 100 gained 1.6%
Leading stocks continued to outpace the broader market. They hail from a variety of sectors, including consumer, computer tech and health care.
John B. Sanfilippo & Sons surged 4.10 to a new high of 43.90 on nearly triple average volume. The stock is up 130% since its early-September breakout from a four-month double-bottom base.
The brand-name peanut and nut snack maker has been feeding off the recent popularity of diet programs that stress low-carbohydrate, high-protein foods. Nuts are also back in favor due to research showing that nuts contain lots of good unsaturated fats, according to a Nov. 14 New America article.
Egg producer Cal-Maine Foods has also been on a tear, shooting up 2.64 to a new high of 23.74 on more than five times its 50-day average volume.
The popular Dr. Atkins diet gives a thumbs up to high-protein, low-carb food such as eggs. News reports ...
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