"Apple and Tesla Lead Market Rally, Top 10 Stocks to Watch"

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Source: Investor's Business Daily
"Apple and Tesla Lead Market Rally, Top 10 Stocks to Watch"
Photo: Investor's Business Daily
TL;DR Summary

The stock market rally showed strong action last week, driven by a wave of earnings, a fresh Fed rate hike, and positive economic data. Apple, Amazon, and Shopify are set to report earnings this week. Microsoft and Tesla have forged new buy points, while On Semiconductor, Samsara, SLB, Marvell Technology, Synopsys, and BYD are trading around buy points. The stock market indexes are close to 52-week highs, with tech, travel, transports, and housing sectors performing well. However, investors should be cautious about adding exposure and consider trimming laggards, as the market has had some volatile intraday action recently.

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