Two stocks of interest in today’s Screen of the Day, Big Cap Leaders, reported quarterly earnings recently: Palo Alto Networks (PANW) and Kroger (KR). Both surpassed expectations. And it may be surprising, but the grocery chain’s stock has been holding up better during the overall market selloff than the cybersecurity stock and other tech stocks like Taiwan Semiconductor (TSM) have. Watch this detailed chart analysis video for more information.
Today’s Screen of the Day is Bolting RS Lines, which takes a look at top stocks that are outperforming the S&P 500. Two Apple (AAPL) chip suppliers lead the group: Skyworks Solutions (SWKS) and NXP Semiconductors (NXPI). It was revealed late Monday that Skyworks would become a member of the benchmark S&P 500 index, one session after Apple was tapped to join the Dow Jones Industrial Average. Watch this video for detailed chart analysis of both
The recent flurry of deal-making in the drug sector has put the spotlight on other top-rated drugmakers that have grown with the help of savvy mergers and acquisitions. In just the past week, AbbVie (ABBV) agreed to buy Pharmacyclics (PCYC) for $21 billion, beating out Johnson & Johnson (JNJ), and Mallinckrodt (MNK) announced a $2.3 billion deal to acquire privately held Ikaria. The latest IBD 50 includes five drugmakers that are growing quickly