From NASDAQ: 2024-05-22 07:00:00

Zacks Equity Research highlights Signet Jewelers as the Bull of the Day, with a strong potential for growth thanks to robust consumer spending. Nvidia, Alphabet, and Seagate Technology are also analyzed. On the other hand, Papa John’s International is flagged as the Bear of the Day, with declining sales and profits leading to a Zacks Rank #5 (Strong Sell) rating. The Nasdaq Composite recently closed at a record high thanks to tech gains, pushing investors toward promising tech stocks like Nvidia, Alphabet Inc., and Seagate Technology in Silicon Valley. Optimistic rate cut expectations are fueling the market’s momentum, with the Fed showing willingness to maintain current interest rates. This creates a favorable environment for tech stocks to thrive and continue their upward trajectory.



Read more at NASDAQ: Signet Jewelers and Papa John’s International have been highlighted as Zacks Bull and Bear of the Day