Several leading growth stocks broke out to new highs Tuesday amid positive earnings reports and a broad market rally.
Eagle Materials (EXP) sailed past a 103.46 flat-base buy point as it gapped up in twice its normal volume. The Dallas-based maker of wallboard, cement and other building products reported fiscal Q3 earnings of $1.17 a share, up 27% from last year and 3 cents over views. But a 9% revenue increase to $302.4 million fell a bit short of forecasts.