Harman International Industries (HAR +3.6%) is one of the S&P 500's big gainers today,...

|About: Harman International Ind. Inc. (HAR)|By:, SA News Editor

Harman International Industries (HAR +3.6%) is one of the S&P 500's big gainers today, boosted by an upgrade to Outperform at Baird. The firm notes a jump in contracts with major auto makers including Toyota (TM) and BMW, which should drive high single-digit sales growth through 2015 and help to offset the potential for competition from an increase in smartphone usage. Harman however, doesn't see those devices as a threat.