Stocks At New Highs: Industrials Allient, Wabtec And A Health Care Name Trade In Or Near Buy Zones

Group 1 - Major indexes experienced a mixed week, with Allient (ALNT) and Wabtec (WAB) reaching new highs, alongside health technology company Penumbra (PEN) trading in or near buy zones [5] - Allient stock has shown a significant turnaround in growth and demand, outperforming all Mag 7 stocks year to date [6] - Wabtec stock has reached a record high, driven by strong profit growth, indicating a bullish signal for the industrial tech sector [8] Group 2 - Oracle's stock jumped following reports that TikTok signed a deal to create a U.S. joint venture, highlighting the impact of strategic partnerships on stock performance [7] - Penumbra is noted for showing improved relative strength, indicating potential for further growth in the health technology sector [10] - Caterpillar is in a buy zone after a recent breakout move, suggesting positive momentum in the Dow Jones stocks [10]