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Business

Long Island stocks on move

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Guy holding chart Photo Credit: Photos.com

CPI Aerostructures
(CVU)
Edgewood
$15.27 (week's change: +10.0%) 
52-week return: +90.9%
Shares of the provider of military aircraft parts rose, along with the stocks of other local defense contractors, as some investors anticipate the war in Libya will mean a rise in defense spending.

MSC Industrial Direct
(MSM)
Melville
$69.48 (week's change: +7.5%) 
52-week return: +40.0%
On the heels of several recent government reports indicating the economy is reviving, shares of the supplier of industrial tools and metalworking equipment hit an all-time high.

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