Bank or SaaS: Which Record-High Stock to Add to Your Watchlist?
$Arista Networks(ANET)$ closed at $357.6 with a YTD increase of 51.46%.
In addition to Arista, other SaaS companies like $Snowflake(SNOW)$ and $Cloudflare, Inc.(NET)$ also presented robust growth recently, benefitting from recent sector rotation.
$Piper Sandler Companies(PIPR)$ closed at $231.98 and had a YTD gain of 32.66%;
$JPMorgan Chase(JPM)$ closed at $205.45 with a YTD rise of 20.78%,
After last week's stress tests and news of increased dividends, most banks have recently shown strong performance.
For example, although $Bank of America(BAC)$ and $Goldman Sachs(GS)$ have not reached all-time highs, they have been continuously rising over the past week.
$Intuitive Surgical(ISRG)$ reached $436.24. It surged following impressive first-quarter earnings, with the stock climbing nearly 30% year-to-date.
Analysts expect that upcoming artificial intelligence and machine learning enhancements will fuel its further growth.
$Hilton(HLT)$ rose to $214.23, with a YTD increase of 17.65%, Hilton Worldwide has shown steady growth, benefiting from a rebound in the travel and hospitality industry.
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- BotakGuy·07-02ThanksLikeReport