Check out Dave’s Daily Dive video above where he breaks down the market action today!!!
A fierce rally on Wall Street today as the choppy price action pushed higher. If you thought the S&P 500 surged today, you should have seen the small caps. The small caps of the Russell 2000 are breaking on through the top side of intermediate trend line. That means we could be breaking out to new highs here.
Each day, Dave Bartosiak of Zacks.com (Twitter @bartosiastics) dives into the charts, pointing out key price action and levels for you to watch.
But it doesn’t stop there because the highlight of today’s video, which you can see for free by clicking above, is where Dave uncovers five Zacks Rank #1 (Strong Buy) stocks that are breaking out to new 52-week highs today. These stocks have a ton of momentum behind them and are charging higher. The list of stocks he covers today include:
Best Buy BBY
Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. The company operates through two reportable segments, Domestic and International. Its stores provide consumer electronics, such as home theater, home automation, digital imaging, health and fitness, and portable audio products; computing and mobile phones, including computing and peripherals, networking, tablets, smart watches, and e-readers, as well as mobile phones comprising related mobile network carrier commissions; and entertainment products, such as gaming hardware and software, movie, music, technology toy, and other software products.
Green Dot GDOT
Green Dot Corporation, together with its subsidiaries, operates as a pro-consumer technology bank holding company that provides personal banking for the masses. It offers reloadable prepaid debit cards and cash reload processing services in the United States, as well as mobile banking services with its GoBank mobile checking account. The company’s products include Green Dot MasterCards, Visa-branded prepaid debit cards, and various co-branded reloadable prepaid card programs; Visa-branded gift and credit cards; and swipe reload products, which enables cash loading and transfer services through Green Dot Network.
TopBuild Corp. engages in the installation, distribution, and sale of insulation and other building products to the United States construction industry. The company operates in two segments, Installation and Distribution. It offers rain gutters, garage doors, fireplaces, fireproofing and firestopping products, shower enclosures, closet shelves, accessories, and other building products; and residential insulation services.
DST Systems DST
DST Systems, Inc. provides technology-based information processing and servicing solutions in the United States, the United Kingdom, Canada, Australia, and internationally. The company’s Financial Services segment provides investor, investment, advisor/intermediary, and asset distribution services to companies in the financial services industry. Its Healthcare Services segment offers healthcare organizations a range of medical and pharmacy solutions for information processing, quality of care, cost management, and payment integrity needs; and healthcare solutions, including claims adjudication, benefit management, care management, business intelligence, and other ancillary services. The company’s Investments and Other segment invests in equity securities, private equity investments, and other financial interests, as well as owns real estate joint ventures for lease.
Extreme Networks EXTR
Extreme Networks, Inc. provides software-driven networking solutions for enterprise customers worldwide. The company designs, develops, and manufactures wired and wireless network infrastructure equipment; and develops the software for network management, policy, analytics, security, and access controls. It offers modular Ethernet switching systems for enterprises, data centers, and service providers; stackable Ethernet switching systems; wireless access point products; and centralized management software to provide a central network-wide visibility and control capability.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Extreme Networks, Inc. (EXTR): Free Stock Analysis Report DST Systems, Inc. (DST): Free Stock Analysis Report TopBuild Corp. (BLD): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Green Dot Corporation (GDOT): Free Stock Analysis Report To read this article on Zacks.com click here.