Editor's note:“This Week's Bullish Stocks in Hong Kong and the US”The section closely follows market trends every week, takes stock of the weekly performance of the Hong Kong and US stock markets, helps bulls sort through the week's hot sectors, strong individual stocks, and major news, and find profitable investment topics.
The situation in the Middle East has once again escalated, and the US stock market continues to fluctuate. Both the NASDAQ and S&P recorded five consecutive declines. As of Thursday, the Dow had a cumulative decline of 0.55% this week to 37775.38 points; the S&P 500 index had a cumulative decline of 2.19% to 5011.12 points during the same period; and the NASDAQ had a cumulative decline of 3.55% to 15,601.5 points during the same period.
Although the overall trend of US stocks was weak this week, there are still some individual stocks that have performed well.
A number of individual stocks announced financial reports this week. Among them,$UnitedHealth (UNH.US)$,$Genuine Parts (GPC.US)$,$Morgan Stanley (MS.US)$Weekly gains of 12.29%, 10.21%, and 4.72%, respectively.
UnitedHealth's revenue for the first quarter was US$99.796 billion, up 8.56% year on year. The market estimate was US$99.21 billion; adjusted earnings per share were US$6.91, and the market estimate was US$6.59.
Damo's revenue for the first quarter was US$15.136 billion, up 4.26% year on year, better than market expectations of US$14.46 billion; earnings per share were US$2.02, and the market generally expected US$1.66.
Favored by Komo! “Little Tencent in Southeast Asia”$Sea (SE.US)$The weekly increase was nearly 6%, with a cumulative increase of nearly 40% this year.
Komo reiterated Sea's “buy” rating and maintained the target price of $70. Xiaomo released a report saying that TikTok raised commissions in Indonesia, leaving room for Shopee to increase commission rates.
$Estee Lauder (EL.US)$The cumulative increase of more than 4% during the week will be announced before the market on May 1 EST. Analysts say L'Oréal's strong quarterly report has injected a dose of strength into the market.
Some analysts say L'Oréal's strong quarterly report injected a dose of strength into the beauty industry, easing market concerns about the industry. L'Oréal's sales for the first quarter were 11.245 billion euros, up 9.4% year over year, exceeding market expectations of 10.901 billion euros.
On the other hand, the weakest performing stocks this week are as follows:
editor/tolk