Nvidia (NVDA) earns a spot on IBD Sector Leaders, our most stringent screen. And Alphabet (GOOGL) makes the IBD 50, while Google stock also joins Meta Platforms (META) on the IBD Big Cap 20. But while none of these Magnificent Seven stocks score a trifecta to land on all three of these premier stock lists, …
Apple (AAPL) stock could be due for a rerating when the consumer electronics giant comes out with its rumored AI-enabled iPhone this fall, a Wall Street analyst says. X Hedge fund investors are starting to warm to Apple stock, despite the company’s deteriorating fundamentals near term, JPMorgan analyst Samik Chatterjee said in a client note …
ServiceNow ServiceNow NOW $3.93 0.51% 30% IBD Stock Analysis Stock with flat base with 815.32 buy point. NOW was one of the first stocks to break out in current rally. Early entries at 785.88 and 807.77. Composite Rating Industry Group Ranking Emerging Pattern Flat Base * Not real-time data. All data shown was captured at …
Mobile device chipmaker Qualcomm (QCOM) handily beat Wall Street’s targets for its fiscal first quarter and guided slightly above views for the current period. But QCOM stock fell Thursday over concerns about the strength of the smartphone sales recovery. X The San Diego-based company late Wednesday said it earned an adjusted $2.75 a share on …
The Nvidia (NVDA) artificial intelligence juggernaut continues to make waves — and new highs. Yet you won’t find NVDA stock on this month’s list of new buys by the best mutual funds. But you will find Adobe (ADBE) as savvy money managers scoop up $1.3 billion worth of Adobe stock. X Throughout 2023, the AI …
Apple (AAPL) stock rose Thursday after BofA Securities turned positive on the consumer electronics maker, citing artificial intelligence and the company’s upcoming Vision Pro headset as sales drivers. X BofA analyst Wamsi Mohan upgraded Apple stock to buy from neutral and raised his price target to 225 from 208. Apple stock advanced 3.3% to 188.64 …
Many unions fear that automation and artificial intelligence spell doom for organized labor and the workers they represent. Not so, says Microsoft (MSFT), one of the Magnificent Seven stocks driving AI. And since signing a historic deal with the AFL-CIO, MSFT stock continues to build on its latest breakout, showing tight, reslient trading. X Earlier …