All articles tagged with #buy zone
Investor's Business Daily highlights a Dow tech titan in a buy zone along with three other best stocks to watch, emphasizing that the information is not an offer or recommendation to buy or sell securities and may be subject to change.
The stock market stabilized in afternoon trading after initially rallying on the August jobs report. The Nasdaq pulled back, while the Dow Jones Industrial Average and S&P 500 trimmed earlier gains. Lululemon stock surged nearly 5% after reporting strong Q2 earnings and raising its full-year guidance. Other notable stock movements include Toll Brothers, Samsara, Stride, Nutanix, Dell Technologies, MongoDB, and Broadcom. The job gains exceeded expectations, but the unemployment rate rose slightly. The Federal Reserve will consider these factors in its next policy decision. The August Purchasing Managers' Manufacturing Index showed a slight improvement, indicating expansion.
Tech stocks lead as first-quarter earnings heat up, with Bank of America shares rallying 1.5% on better-than-expected earnings, while Goldman Sachs dived 3.5% on weak revenue results. Chip stock leader Nvidia jumped 2.2% after an analyst upgrade, while Netflix earnings are due out after the close. Dow Jones tech giants Apple and Microsoft were higher after today's stock market open. Five Below, Floor & Decor, Lululemon Athletica, and Vertex Pharmaceuticals are among the top stocks to buy and watch with the ongoing market rally.