Microsoft (MSFT) and AI enterprise-software play ServiceNow (NOW) lead this weekend's watch list of five stocks near buy points. MSFT and NOW are joined by cement maker Martin Marietta Materials (MLM), trucking firm XPO (XPO), and Axon Enterprise (AXON) which supplies Tasers, body cameras and other technology to law enforcement.X The list features two stocks with a superlative 99 IBD Composite Rating in ServiceNow and Axon. That puts them in the top 1% of stocks based on fundamental and technical factors.Bo ...

Dow Jones giant Johnson & Johnson (JNJ) said it would acquire Shockwave Medical (SWAV) for $13.1 billion, or $335 a share. Both stocks rose slightly early Friday.X Shockwave rose 1.6% to about 325. J&J edged higher.SWAV stock had surged 68% to 319.99 as of April 4 in 2024, with takeover speculation among the driving forces. JNJ stock had fallen 2.7%.Shockwave Medical is a leader in intravascular lithotripsy, a method of cracking hardened calcium in blood vessel walls.J&J said the deal will boost its positio ...

This month's list of new buys by the best mutual funds provides more reminders than revelations. Spurred by continued demand for leaders in artificial intelligence, top money managers again bet billions on Magnificent Seven stocks Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META) and Alphabet (GOOGL).X They also gorged on shares of Broadcom (AVGO), Salesforce.com (CRM) and Uber Technologies (UBER).These savvy investors further whet their appetite for Chipotle Mexican Grill (CMG), maker of the Autocado, ...

The 7.4-magnitude earthquake that shook Taiwan on Wednesday morning likely will result in minimal disruption to production at the world's largest contract chipmaker, Taiwan Semiconductor Manufacturing (TSM), better known as TSMC. But the disaster renews concerns about having too much leading-edge semiconductor manufacturing located in one region.X TSMC said it had halted operations after the quake but planned to resume production overnight into Thursday morning."There is no damage to our critical tools incl ...

Core Viewpoint - The IBD Breakout Stocks Index highlights key players in the artificial intelligence sector, including Nvidia, Alphabet, Palantir Technologies, and Arista Networks, while also featuring several IPO leaders amidst market volatility [1][2]. Group 1: AI and Tech Stocks - Nvidia, Google, Palantir, and Arista Networks are under pressure as the Nasdaq experiences a pullback, but they show resilience at key moving averages [2]. - Nvidia's stock is finding support at its 21-day exponential moving average, while Google is approaching a buy point of 153.78 [5]. - Arista Networks is attempting to hold above its 21-day line as it seeks to retake a buy point cleared on March 20 [5]. Group 2: IPO Leaders - The BOUT ETF includes six IPO leaders, such as Duolingo and BBB Foods, which are navigating recent market turbulence [3]. - Duolingo briefly surpassed a buy point of 241.86 but has since retreated, showing resilience with below-average volume during the pullback [3]. - BBB Foods has exhibited significant volatility since its IPO, currently trading within its buy range after sharp price swings [4]. Group 3: Market Trends and ETF Performance - The BOUT ETF, which tracks the IBD Breakout Stocks Index, has experienced a gap down due to market pressures but remains near the top of the buy zone [2]. - The ETF has shown improvement after breaking out of an early-stage flat base in February, reaching a high of 36.58 on March 28 before retreating [1].

News last week that Alibaba (BABA) abandoned plans to list its logistics arm in Hong Kong didn't do anything to lift Alibaba stock out of its downtrend. Alibaba stock looks like it's on sale now, but is BABA stock a buy now?Alibaba hoped the listing of its Cainiao Smart Logistics Network would raise $1 billion at a minimum. But Alibaba pulled the listing, citing overall weakness in the Hong Kong stock market.X The cancellation of the listing poses more challenges to a restructuring plan last year by Alibaba ...

Salesforce (CRM) is due to report earnings on Wednesday after the closing bell. The options market is pricing in a 7.8% move in either direction.In five of the last six earnings reports, Salesforce stock stayed above the lower part of its expected range. Here's a bull put spread option trade if you believe CRM stock can do it again. It might seem a little familiar because we did a similar trade with Nvidia (NVDA) last week that worked out well.X Setting Up The Option Trade On Salesforce StockFirst, we'll st ...

Among the best stocks to buy and watch, Dow Jones chemicals giant Dow Inc. (DOW) and Birkenstock (BIRK), along with top homebuilders Lennar (LEN) and Toll Brothers (TOL), are stocks in or near buy zones on the stock market today. X Dow: A Dow Jones Stock To Watch Among the best stocks in the Dow… ...

General Motors (GM) and energy drink maker Celsius Holdings (CELH) lead this weekend's list of five stocks — none AI-related for a change — near buy points. Homebuilder Lennar (LEN), oil field equipment play Weatherford International (WFRD) and Shockwave Medical (SWAV), whose products are focused on treating cardiovascular disease, round out the list.X Celsius and Shockwave stock are both part of the IBD 50 list of leading growth stocks. Weatherford was Friday's IBD Stock Of The Day.As the AI-led stock rall ...

Warren Buffett is known as being a patient investor. But is he too patient with five stocks, including some in the S&P 500?X All five of the U.S.-listed stocks (and classes of stocks) Buffett's Berkshire Hathaway added to in the fourth quarter, including Sirius XM Holding (SIRI), Liberty SiriusXM (LSXMA) and Chevron (CVX), are lagging again this year so far after underperforming all of last year too, says an Investor's Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith.The f ...