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Actionable news in AYI: ACUITY BRANDS Inc,

The Hot Stock: Acuity Brands Jumps 10%

Acuity Brands (AYI) soared to the top of the S&P 500 today after beating earnings and sales forecasts.

Acuity Brands gained 10% to $198.52, while the S&P 500 dropped 0.9% to 2,419.70.

Cowen's Jeffrey Osborne and team note that everything isn't entirely rosy for Outperform-rated Acuity: