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It was a positive start to the trading week Monday as the S&P 500, Nasdaq, and Dow were all up during regular trading hours. Tech companies led today’s rally, while one of the year’s most disappointing stocks, Nike (NKE - Free Report) , finally showed signs of life.
Additionally, investors are already eyeing next week’s Fed meeting, which is expected to result in another interest rate hike.
Zacks Rank #1 (Strong Buy) Biggest Movers
Value: Ocean Rig UDW Inc. - +8.19%
Growth: Health Insurance Innovations, Inc. - +7.42%
David Bartosiak highlighted Amkor Tech (AMKR - Free Report) , a Zacks Rank #2 (Buy), as Monday’s “Bull of the Day.” Shares of the semiconductor packaging and test services company gained about 3.5% on the day.
Nike, which has been the worst-performing component of the Dow this year, gained nearly 3% following an analyst upgrade, while Under Armour (UA - Free Report) was up on the news that it signed its first deal with a professional sports league.
Stocks that Aren't in the News. Yet.
You are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buys" free of charge. Many of these companies are almost unheard of by the general public and just starting to get noticed by Wall Street. They have been pinpointed by the Zacks system that nearly tripled the market from 1988 through 2015 with a stellar average gain of +26% per year. See these high-potential stocks free >>
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Stock Market Roundup, Dec. 5: AMKR, NKE, NVDA Gaining
It was a positive start to the trading week Monday as the S&P 500, Nasdaq, and Dow were all up during regular trading hours. Tech companies led today’s rally, while one of the year’s most disappointing stocks, Nike (NKE - Free Report) , finally showed signs of life.
Additionally, investors are already eyeing next week’s Fed meeting, which is expected to result in another interest rate hike.
Zacks Rank #1 (Strong Buy) Biggest Movers
Value: Ocean Rig UDW Inc. - +8.19%
Growth: Health Insurance Innovations, Inc. - +7.42%
Momentum: HomeStreet, Inc. (HMST - Free Report) - +8.18%
VGM: Commercial Vehicle Group (CVGI - Free Report) - +6.40%
Income: Braskem SA (BAK - Free Report) - +6.40%
Major Indexes:
DOW: 19,206.17 / +35.75 / +0.19%
NASDAQ: 5,307.45 / +51.80 / +0.99%
S&P 500: 2,204.56 / +12.61 / +0.58%
Top Headlines
Top Stock Picks for the Week of December 5th
Our experts highlighted their top stock picks for this week. The list included Nvidia (NVDA - Free Report) , which surged more than 3.9% on Monday.
Bull of the Day: Amkor Tech
David Bartosiak highlighted Amkor Tech (AMKR - Free Report) , a Zacks Rank #2 (Buy), as Monday’s “Bull of the Day.” Shares of the semiconductor packaging and test services company gained about 3.5% on the day.
Here's Why Sneaker Stocks Are Gaining Today
Nike, which has been the worst-performing component of the Dow this year, gained nearly 3% following an analyst upgrade, while Under Armour (UA - Free Report) was up on the news that it signed its first deal with a professional sports league.
Stocks that Aren't in the News. Yet.
You are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buys" free of charge. Many of these companies are almost unheard of by the general public and just starting to get noticed by Wall Street. They have been pinpointed by the Zacks system that nearly tripled the market from 1988 through 2015 with a stellar average gain of +26% per year. See these high-potential stocks free >>