On Monday, U.S. stocks closed positively, with the Dow Jones Industrial Average rising by 0.7% to reach 38,239.98, the S&P 500 increasing by 0.9% to hit 5,010.60, and the Nasdaq climbing by 1.1% to settle at 15,451.31 by the end of the day.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Tech stocks rebound as Nasdaq 100 gains 1.5% and prepares for big earnings week from giants like Tesla, Microsoft, and Alphabet. UBS cautions on sector.
Phio Pharmaceuticals unveils findings on PH-762, a promising candidate for cancer therapy. Discover its rapid cell uptake and tumor-inhibiting potential.
J.P. Morgan analyst Cory A Carpenter reiterated an Overweight rating on the shares of Roku. Roku is slated to report first-quarter FY24 earnings on Thursday, April 24.
Stifel's Chris O'Cull shifts stance on Papa John's International to Hold, citing pragmatic near-term outlook. Despite lowering the price target to $60 amidst market turbulence, O'Cull emphasizes the stock's resilience. With -1% domestic comparable sales in Q1, challenges persist, particularly in a fiercely competitive market.
Morgan Stanley analyst maintains Overweight rating for Apple, lowers price target from $220 to $210. Expects slight upside to March revenue but significant June guide-down. Potential for relief rally and squeeze higher. AAPL shares down 12% YTD, can be accessed through VGT and XLK ETFs.
KeyBanc analyst Aleksey Yefremov maintains an optimistic outlook on PPG Industries, despite adjusting the price target to $162 post-first-quarter FY24 results. While Q1 earnings met estimates, sales fell short, yet the analyst foresees a promising trajectory ahead.