Strength Seen in Barnes Group (B): Can Its 7.6% Jump Turn into More Strength?

Barnes Group (B) shares ended the last trading session 7.6% higher at $41.87. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 2.1% loss over the past four weeks.Barnes’ rally is largely driven by optimism regarding its strong momentum in the Aerospace segment, driven by strength in the OEM business. Also, the company’s investments in product development, new technologies and manufacturing processes bode well.This a ...