Check out the video above for Dave’s Daily Dive into the Charts!
Each day, Dave Bartosiak of Zacks.com (Twitter @bartosiastics) dives into the charts, pointing out key price action and levels for you to watch.
Today’s dive included a quick overview of the Ten Year Treasure Note Futures, a look at the S&P 500 and some insight into the gold and FX markets. With the rally on Wall Street today, there was plenty to talk about.
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:
Applied Optoelectronics AAOI
Applied Optoelectronics, Inc. designs, manufactures, and sells fiber-optic networking products primarily for Internet data center, cable television (CATV), and fiber-to-the-home (FTTH) networking end-markets. It offers optical modules, lasers, transmitters and transceivers, and turn-key equipment, as well as headend, node, and distribution equipment.
Axcelis Tech ACLS
Axcelis Technologies, Inc. designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and the Asia Pacific. The company offers a line of high energy, high current, and medium current implanters for various application requirements.
Cognex Corp CGNX
Cognex Corporation provides machine vision products that capture and analyze visual information in order to automate tasks primarily in manufacturing processes worldwide. The company offers machine vision products, which are used to automate the manufacturing and tracking of discrete items, such as mobile phones, aspirin bottles, and automobile tires by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process.
Ferrari N.V., through with its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars. In addition, the company offers non-registered racing cars; and parts, as well as after sales, repair, maintenance, and restoration services for cars. Further, it licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods; and Ferrari World, a theme park in Abu Dhabi, the United Arab Emirates. Additionally, the company provides direct or indirect finance, and leasing services for the purchase of cars to retail clients and dealers; and manages race tracks. As of December 31, 2016, it had a total of 45 retail Ferrari stores, of which 29 stores were franchised stores, including 8 Ferrari Store Junior and 16 stores were owned and operated by the company.
Ultratech, Inc. develops, manufactures, and markets photolithography, laser thermal processing, and inspection equipment. It supplies step-and-repeat photolithography systems based on one-to-one imaging technology for semiconductor device and nanotechnology manufacturers.
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Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report
Ultratech, Inc. (UTEK): Free Stock Analysis Report
Ferrari N.V. (RACE): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Cognex Corporation (CGNX): Free Stock Analysis Report
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