IBD Market Wrap - 05/27/15
Stocks rebounded today led by tech and healthcare along with renewed hopes that Greece would avoid defaulting on its debt. Four mega trends are driving the electronics industry – energy efficiency, connected devices, security and health. NXP creates solutions for the connected car, cyber security, portable and wearable devices and the internet of things. NXP covers a wide range of industries including automotive, security, connected devices, lighting, industrial and infrastructure. Michael Kors handbags, shoes and watches have been big sellers but the upscale retailer also sells accessories such as wallets, sunglasses, fragrance and beauty, belts and scarves, key chains and men's clothing. Acadia was established in 2005 to provide psychiatric and chemical dependency services including hospitals, treatment centers, outpatient clinics, and school based programs. Their services cover substance abuse, PTSD, weight and pain management and include special programs for seniors, adolescents, teens and children.
