NEW YORK, NY / ACCESSWIRE / February 20, 2018 / U.S. markets closed Friday with weekly gains in the range of 4 percent to 5 percent. The Dow Jones Industrial Average gained 0.08 percent to close at 25,219.38, while the S&P 500 increased 0.04 percent to close at 2,732.22. Both, Dow and S&P 500 were up 4.3 percent for the week. The Nasdaq Composite Index dropped 0.23 percent to close at 7,239.47, however posting weekly gains of 5.3 percent. With trading closed on Monday to celebrate President's Day, investors had some time to analyze recent events.

"Events over the past few weeks serve as a salutary reminder of both the dangers of crowded positions and of the power of technical forces when combined with consensual positioning," said Erin Browne, head of asset allocation at UBS.

RDI Initiates Coverage on:

AMN Healthcare Services Inc.

https://rdinvesting.com/news/?ticker=AMN

3M Company

https://rdinvesting.com/news/?ticker=MMM

AMN Healthcare Services' stock moved 4.34% higher Friday, to close the day at $56.50. The stock recorded a trading volume of 1,109,797 shares, which was above its three months average volume of 461,031 shares. In the last year, AMN Healthcare Services' shares have traded in a range of 34.71 - 57.75. The share price has gained 62.78% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $51.45 is greater than its 200-day moving average of $44.91. Shares of AMN Healthcare Services are trading at a Price to Earnings ratio of 21.08. Shares of AMN Healthcare Services have gained roughly 11.55 percent in the past month and are up 14.72 percent year-to-date.

Access RDI's AMN Healthcare Services Inc. Research Report at:

https://rdinvesting.com/news/?ticker=AMN

On Friday, shares of 3M recorded a trading volume of 2,221,752 shares, which was below the three months average volume of 2,378,539 shares. The stock ended the day 0.77% higher at 236.67. The share price has gained 30.01% from its 52 week low with a 52 week trading range of 182.04 - 259.77. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $241.22 is greater than its 200-day moving average of $225.89. Shares of the company are trading at a Price to Earnings ratio of 29.84. Shares of 3M have fallen roughly 4.64 percent in the past month and are up 0.55 percent year-to-date.

Access RDI's Century Aluminum Company Research Report at:

https://rdinvesting.com/news/?ticker=MMM

Our Actionable Research on AMN Healthcare Services Inc. (NYSE:AMN) and 3M Company (NYSE:MMM) can be downloaded free of charge at Research Driven Investing.

Research Driven Investing

We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.

RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.

Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

CONTACT

For any questions, inquiries, or comments reach out to us directly at:

Address:

Research Driven Investing, Unit #901 511 Avenue of the Americas, New York, NY, 10011

Email:

contact@rdinvesting.com

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: RDInvesting.com