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Over 50% gains! Will all-time-high stocks beat records or pull back?
@Tiger_comments:$NASDAQ(.IXIC)$ and the $S&P 500(.SPX)$ notched their longest winning streaks since November 2021. With the strong rebound, many stocks hit 52 week highs or all-time-highs this week. SaaS companies benefit from generative AI $Adobe(ADBE)$ , offering diversified software services, surges 73.89% YTD. In Nov., Adobe raised prices for its Creative Cloud. $ServiceNow(NOW)$ , enterprise cloud computing solutions provider, soars 58.11% YTD. It beats estimates of EPS, revenue and guidance in Oct. $Arista Networks(ANET)$ , cloud networking solutions provider rises 75.20% YTD. CEO highlights strong customer momentum in enterprise and cloud/AI sectors. $Fair Isaac(FICO)$ , analytics software provider, climbs up 56.77% YTD. It’s set to release earnings today. Consumption $Deckers Outdoor(DECK)$ , UGG’s parent company, increases 57.62% YTD. Its profit jumps 75% yoy. $Wal-Mart(WMT)$ , reknown retailer, adds 16.83% YTD. Investors bet on the company having a strong holiday season. Expect for new highs or pullback of these stocks? Will you chase the high? Which company in your watchlist reached new high? Vote, comment and repost to win tiger coins!!
Over 50% gains! Will all-time-high stocks beat records or pull back?Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.