Ciena Takes Over #100 Spot From Dover
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Ciena Corp (Symbol: CIEN) has taken over the #100 spot from Dover Corp (Symbol: DOV), according to ETF Channel. Below is a chart of Ciena Corp versus Dover Corp plotting their respective rank within the S&P 500 over time (CIEN plotted in blue; DOV plotted in green):
Below is a three month price history chart comparing the stock performance of CIEN vs. DOV:
CIEN is currently trading up about 6%, while DOV is up about 1.6% midday Monday.
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