Editor's note: "US Stock Gold Mining" Keep up with daily market trends, insight, and consolidate hot and outstanding stocks, providing multi-dimensional investment opportunities for Mooer and helping them grasp investment opportunities with one chart! Focus on: 1. Performance and stock prices take off! Global fast fashion giant $Gap Inc (GPS.US)$ soared nearly 29% after its performance, reaching a new high for the year. Gap announced its first fiscal 2023 first-quarter results, with net sales of $3.4 billion, exceeding analysts' expectations of $3.28 billion, and earnings per share of $0.41, with overall comparable sales growth of 3%, better than expected 0.91%. In addition, the gross profit margin for the quarter reached 41.2%, higher than analysts' forecast of 38.5%. Its subsidiary brand Old Navy's same-store sales grew by 3%, exceeding market expectations of 2.5%. Based on this, Gap raised its sales and operating profit outlook for the year. Baird has recently raised its target share price for Gap from $23 to $28, and Goldman Sachs has raised its target share price for Gap from $20 to $27. 2. US electric power stocks collectively agitated! The largest wind and solar power generator developer in the United States $NextEra Energy (NEE.US)$, the fourth largest power plant in the United States $Southern Company (SO.US)$, the power and natural gas company $CenterPoint Energy (CNP.US)$, and the electrical production and transmission company $Edison International (EIX.US)$ have all reached new highs for the year. On the news front, as AI technology often requires a lot of energy to develop and operate, utility stocks are becoming a new opportunity for investors. 3. Low-key AI beneficiaries! Data storage giantToday's weather is good Today's weather is good.Please use your Futubull account to access the feature.
Key focus.
AI concept collective carnival!$Broadcom (AVGO.US)$, $Micron Technology (MU.US)$, $Qualcomm (QCOM.US)$, $Taiwan Semiconductor (TSM.US)$And many giants hit new highs.
Overnight, Broadcom rose more than 5% and achieved a 7-day consecutive rise, with a trading volume of nearly $16 billion, ranking fourth in the US stock market. After Broadcom announced its Q2 results exceeding expectations and its 1-for-10 stock split plan, many major banks raised the target price. Citigroup raised Broadcom's target price from $1560 to $1750 and reaffirmed its buy rating; Jefferies Financial raised the target price from $1550 to $2050 and rated it as a buy.
Taiwan Semiconductor has surged more than 70% this year. The latest research report from Morgan Stanley shows that after the price increase, Taiwan Semiconductor's gross margin will rise to 50-60%, and dividends will also grow strongly, with the target price raised to NT$1080.
Ethernet becomes a key part of AI infrastructure! Switching leader$Arista Networks (ANET.US)$Up nearly 15% in six days.
Like Broadcom, Arista is also an excellent network infrastructure supplier, committed to Ethernet solutions. The former's main products are Ethernet switching chips, packet processors, ASCIs, etc., while the latter is the leader in high-end Ethernet switches, whose switches are mainly used in super-scale data centers such as Microsoft, Facebook, etc. Citigroup's report pointed out that both Nvidia and Arista will have end-to-end 800G solutions by the end of 2024 or early 2025.
Retail stocks perform well, wingstop dining brand$Wingstop (WING.US)$Up more than 62% this year, TD Cowen maintains a buy rating and raises its target price to $450.$Dick's Sporting Goods (DKS.US)$Up more than 4% overnight and more than 55% this year; sports gambling platform$DraftKings (DKNG.US)$Up nearly 8% overnight and nearly 20% this month.
1. American stock giants hit new highs
II. Innovative American individual stocks
III. Popular U.S. stock gains and losses rankings
Editor/Emily