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Stocks continued their relatively solid start to the New Year with another positive day of trading on Tuesday. Perhaps the biggest newsmakers on the day were NVIDIA and Mercedes-Benz, as the pair announced a partnership to produce self-driving cars.
Investors have also been fascinated with EnteroMedics Inc , a microcap medical company working on an implantable device to treat obesity. On Tuesday, the stock gained another 55%, putting it up over 1,300% in the first six trading days of the year. Proceed with caution on this crazy mover!
On Tuesday, leading smartphone chipmaker NVIDIA (NVDA - Free Report) and Mercedes-Benz, owned by Daimler AG , have announced a partnership to build self-driving cars powered by artificial intelligence.
It’s just 10 days into the New Year, and some of the biggest retail brands in the country have announced major store closings due to dismal holiday season sales and the continued shift to online shopping.
Besides the fact that takeover rumors are a personal favorite of mind, it is also important for investors to keep an eye on companies that are on the brink of a sale. Check out these three companies that should look for a suitor this year.
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017?
Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >>
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Stock Market Roundup, Jan. 10: NVDA Self-Driving Cars, ETRM Soars
Stocks continued their relatively solid start to the New Year with another positive day of trading on Tuesday. Perhaps the biggest newsmakers on the day were NVIDIA and Mercedes-Benz, as the pair announced a partnership to produce self-driving cars.
Investors have also been fascinated with EnteroMedics Inc , a microcap medical company working on an implantable device to treat obesity. On Tuesday, the stock gained another 55%, putting it up over 1,300% in the first six trading days of the year. Proceed with caution on this crazy mover!
Zacks Rank #1 (Strong Buy) Biggest Movers
Value: Vale SA (VALE - Free Report) - +8.70%
Growth: Health Insurance Innovations Inc. - +11.95%
Momentum: Olympic Steel (ZEUS - Free Report) - +11.32%
VGM: VALE
Major Indexes
DOW: 19,897.93 / +10.55 / +0.05%
NASDAQ: 5,557.10 / +25.28 / +0.46%
S&P 500: 2,273.04 / +4.14 / +0.18%
Top Headlines
NVIDIA and Mercedes-Benz are Building AI-Powered Self-Driving Cars
On Tuesday, leading smartphone chipmaker NVIDIA (NVDA - Free Report) and Mercedes-Benz, owned by Daimler AG , have announced a partnership to build self-driving cars powered by artificial intelligence.
Is 2017 the Year of the Retail Famine?
It’s just 10 days into the New Year, and some of the biggest retail brands in the country have announced major store closings due to dismal holiday season sales and the continued shift to online shopping.
3 Companies That Need To Be Sold In 2017
Besides the fact that takeover rumors are a personal favorite of mind, it is also important for investors to keep an eye on companies that are on the brink of a sale. Check out these three companies that should look for a suitor this year.
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017?
Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >>