Our top 5 performers during a topsy-turvy market for stocks over the past month
From CNBC: 2025-02-20 10:06:12
U.S. stocks experienced volatility due to DeepSeek claims, Trump tariffs, and the Fed. Nvidia suffered losses after DeepSeek’s AI model announcement. Meta Platforms, Alphabet, Microsoft, and Amazon revealed robust expenditure plans. Dow and Nasdaq were near all-time highs, S&P 500 hit a record close. The Fed left interest rates unchanged after its meeting.
Top performers since the Monthly Meeting were CrowdStrike, Eli Lilly, Nextracker, and Starbucks. CrowdStrike saw gains following positive quarterly results and raised price targets from analysts. Nextracker surged after stellar earnings but flatlined afterward. Starbucks showed a turnaround with sequential sales improvement. Eli Lilly’s gains stemmed from strong demand for its drugs.
Costco shares rose as investors turned to consumer staples amid macroeconomic uncertainty. Walmart outperformed during the period. Costco’s stock hit a record high after strong monthly sales. The company is set to report earnings on March 6. Traders are advised on trade alerts and execution times following Jim Cramer’s guidelines.
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