Positive.

From Nasdaq: 2024-07-03 14:00:00

US stock indexes have hit record highs as the economy remains stable and employment strong. Top companies like Apple, Amazon, and Alphabet are experiencing significant earnings growth and momentum. AI technology is driving growth in these companies, leading to positive earnings revisions and reasonable valuations. Investors have attractive entry points for top performers.

Apple, Amazon, and Alphabet are seeing positive earnings revisions, with Apple now earning a Zacks Rank #2 (Buy) rating. AI technology is driving growth in these companies, particularly in automation and cloud computing. Valuations remain reasonable, with Alphabet being the cheapest stock in the group. The market rally is poised to continue its winning streak.

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