10 Top-Traded US Stocks for Tuesday (6/22)
All three major averages finished Tuesday's session in the green, reversing losses from earlier in the session amid strength in the technology sector.
The $S&P 500 Index (.SPX.US)$ advanced 0.5%, to close just 0.2% away from a fresh all-time closing high. The $Dow Jones Industrial Average (.DJI.US)$ rose 163 points after earlier in the session falling more than 120 points. The $Nasdaq Composite Index (.IXIC.US)$ was the relative outperformer, hitting a new intraday all-time high and posting a 0.8% gain on the session for a new record close.
Powell outlined that the inflation pressure will be temporary
In prepared remarks released Monday evening, the central bank chief reiterated that the economy is growing, although the threat of the pandemic is still present.
Looking ahead, UBS said it maintains a "positive tactical view on stocks," but that gains will be unevenly distributed. UBS said investors should take profits in some of the year-to-date winners that might have limited upside ahead, including real estate, consumer discretionary and industrial names.
10 top-traded US stocks for Tuesday
Stock names in the rank are generally unchanged today.
The 10 stocks continued their momentum on Tuesday and they all gained together with the market.
Shares of the $NVIDIA (NVDA.US)$ rose 2.5% after Raymond James reiterated its “strong buy” rating on the stock and hiked its price target to $900 per share from $750. Analyst Chris Caso said even considering Nvidia’s 23% rally over the last month, the company is showing signs of momentum and should be set for strong performance in several of its business segments in the quarters ahead.
Shares of the $NVIDIA (NVDA.US)$ rose 2.5% after Raymond James reiterated its “strong buy” rating on the stock and hiked its price target to $900 per share from $750. Analyst Chris Caso said even considering Nvidia’s 23% rally over the last month, the company is showing signs of momentum and should be set for strong performance in several of its business segments in the quarters ahead.
Read more:
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
Moomoo Official Account
Chasing hot stocks
46KFollowers
14Following
40KVisitors
Follow
101767215 : good sharing
Baboom : tesla is a ponzi scheme
Jay SG : wow that wish volume
Kuo董 Baboom : It's heavily shorted. Now it's time to shine again lol
Bruce Baird : I'm old but still new to the stocks. I fumble them a alot trying to make heads or tails of it . but it's not like the old days we could just get a bookie to handle finances. some of us have other things to be doing
Mikey Sheung Wan Baboom : To investors who had made profit from trading in TSLA, will never ignore the fact that the trading volume of this counter is one of the best of its class. Can't live this counter more!!!!!
Mikey Sheung Wan Baboom : To investors who had made profit from trading in TSLA, will never ignore the fact that the trading volume of this counter is one of the best of its class. Can't love this counter more!!!!!
divinepapa : A good head start on positive soon. Stay patuent, stay calm and claim your profits. Taking time draw near. Please like and comment. Thank you!