Public Storage stock price on the rise
Analysts are reporting a strong week for Glendale-based Public Storage, whose stock finished up 0.15% this week despite a 0.72% drop this week in the Dow Jones Industrial Average, which finished at $11,543.
Public Storage, PSA, finished at $88.32 Friday, reaching a high for the week of $89.48 late Thursday.
PSA fell sharply, 3.35%, early Tuesday before picking up steam after analysts listed the stock among a list of companies with strong future earning potential.
Glendale-based Cigna price rising
Stock in Glendale-headquartered Cigna Corp. fell less than 1% this week to finish at $42.11, wiping out mid-week gains that had pushed the price to its highest point in nearly four months.
But stock in the health service organization is steadily growing after recovering 13.6% from its recent low price of $35.61 on Aug. 1 and its all-time low of $33.61 on July 15.
Cigna, CI, like Public Storage, had been listed on the Future Growth Ranking of S&P; 500 Stocks Friday as buyers pushed the price upward.