Big Tech Hit New Highs! Which Stock is Next?
Oct. CPI of 3.2% and Core CPI of 4% were below Wall Street estimates, sparking a major rally.
After two-week upward trend, many stocks continue to hit new highs.
$Microsoft(MSFT)$ hit records again to $371.95 yesterday. $Amazon.com(AMZN)$ and $Meta Platforms, Inc.(META)$ hit 52-week-high yesterday.
$Lululemon Athletica(LULU)$ and $Costco(COST)$ have risen over 30% YTD. Semiconductor company $Micron Technology(MU)$ also beat scores.
Which company will hit a new high next?
Big tech $NVIDIA Corp(NVDA)$ $Netflix(NFLX)$
Or the heated weight loss drug companies - $Eli Lilly(LLY)$ and $Novo-Nordisk A/S(NVO)$ ?
Which stock in your watchlist hit new highs?
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.
- Cory2·2023-11-16I voted Big Tech because they have been pulling in reliable profits for some time now - particularly $NVIDIA Corp(NVDA)$. Although the weight loss drugs from $Eli Lilly(LLY)$ and $Novo-Nordisk A/S(NVO)$ have huge potential due to such a large consumer interest, they do tend to fluctuate more than Big Tech.LikeReport
- Jpartz·2023-11-15Great ariticle, would you like to share it?LikeReport