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When seeking out promising stocks and filtering out underperformers, turn your attention to IBD’s exclusive Relative Strength (RS) Rating. This critical metric serves as a valuable tool for pinpointing top stocks poised for significant upward movements. The RS Rating, graded…
In the realm of stock market dynamics, historical trends highlight the significance of stocks with a Composite Rating of 95 or higher during the initial stages of substantial price movements. The narratives below shed light on the companies that have…
Boeing experiences a stock upswing as Akasa Air, an Indian-based airline, places an order for 150 Boeing 737 Max airplanes. The order, unveiled at the Wings India 2024 airshow, includes a mix of 737-10s and additional 737-8-200 planes. These new…
Magnificent Seven tech stocks, including Nvidia (NVDA), Microsoft (MSFT), Amazon.com (AMZN), and Meta Platforms (META), continue to exhibit strength as 2024 kicks off. Google (GOOGL) stock, part of this elite group, stays in the buy range as Alphabet introduces a…
DraftKings stock experienced a significant jump on Thursday, signaling a bullish trend amid the winter sports season acceleration. The gambling platform’s shares continue to rise following the recent launch of its sportsbook in Vermont on January 11. Simultaneously, UBS predicts…
Cathie Wood’s ARK Invest ETFs, which gained significant attention after the substantial market growth in 2020, experienced a rebound in 2023 after facing substantial losses in 2021 and 2022. In 2024, investors are closely watching five Cathie Wood stocks: Coinbase…
The Dow Jones Industrial Average closed December on a positive note, continuing the ongoing stock market rally. In January 2024, the top Dow Jones stocks to watch include Apple (AAPL), Merck (MRK), Amgen (AMGN), Microsoft (MSFT), and Visa (V). Notably,…
Renowned as the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon.com, Nvidia, Meta Platforms, and Tesla lived up to their reputation in 2023 with substantial gains. These stocks remain among the top picks in today’s stock market, wielding significant…
Taiwan Semiconductor Manufacturing (TSM), also known as TSMC, exceeded analyst predictions for fourth-quarter earnings and provided an optimistic outlook for the coming year. TSM stock witnessed an increase in early trading. The world’s largest contract chip manufacturer reported earnings of…
In a positive turn of events, Fastenal (FAST) stock witnessed an upgrade in its Relative Strength (RS) Rating on Wednesday, climbing from 78 to a commendable 82. When scouting for potential stocks to add to your portfolio, keeping a close…