Investors should consider Nvidia, Palantir, Synopsys, Costa Wholesale, MercadoLibre, and McKesson for positive trends.
From Nasdaq, Inc.: 2024-06-12 06:43:00
Investors looking to leverage momentum in the stock market should consider these top trending stocks. Nvidia’s impressive revenue growth and AI opportunities make it a strong choice, while Palantir’s commercial growth and enterprise AI capabilities continue to boost its stock price. Synopsys, Costa Wholesale, and MercadoLibre also show positive trends, with notable growth and market positions. In the pharmaceutical sector, McKesson’s rise despite earnings miss points to demand for weight loss drugs. Microstrategy’s Bitcoin strategy plays a significant role in its stock’s momentum, despite falling revenues.
Read more at Nasdaq.: 7 Trending Stocks With Momentum on Their Side