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4 Stocks That Rose Despite Market's Retreat

X U.S. stock indexes chalked up losses Tuesday but traded in a remarkably narrow range. The narrow trade suggested that funds were unwilling to panic and sell indiscriminately.

The Nasdaq trimmed 0.1%, while the S&P 500 retreated 0.3%. The blue chip Dow Jones industrial average sank 0.5%, hurt by a 5% drop in Goldman Sachs (GS). Volume in the stock market was higher on both major exchanges.

Megacap Goldman reported adjusted quarterly earnings that grew 92% vs. the year-ago quarter but still came in 3% below views, according to William O'Neil + Co. data. Revenue also missed.

The Goldman Sachs miss set the direction for the day but not the tone. For example, banks in other segments weren't suffering nearly as much. Superregional bank KeyCorp (KEY) fell 0.7% in soft volume. Regional play Western Alliance Bancorp (WAL) slipped 1% in average trade. Money-center Morgan Stanley (MS) was unchanged. Morgan Stanley will report results before Wednesday's open.

On a day like Tuesday, it's good to ask what was working. Here are four stocks that looked good Tuesday:

Stratasys (SSYS), a 3D printer play, jumped nearly 12% as it cleared a shallow cup base within a larger consolidation. Piper Jaffray upgraded the stock from neutral to overweight. The company has endured a five-quarter decline in revenue on a year-ago basis. But Q4 results showed a 1% gain in revenue, breaking the losing streak.

Churchill Downs (CHDN), the race track company that hosts the Kentucky Derby, gapped up almost 5% in heavy volume as it retook a 156.70 buy point. The stock is on the thinly traded side, moving about $9 million in daily dollar volume.

The homebuilder group rose for the fifth time in the past six sessions, shrugging off slack housing start data, but only Colorado-based MDC Holdings (MDC) rose in strong volume.

Spirit Airlines (SAVE) gapped up almost 5% as the stock climbed the right side of a consolidation. Earnings declined 5% in 2016 and aren't expected to turn positive for the year until 2018.

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