Analyst: Grab This Chip Stock

The thin trading session had the Dow pulling back from yesterday's record high

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Market Recap
 
 

12/24/2019

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Dow, S&P Cool Off Ahead of Christmas

By Lillian Currens

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Following a morning of solid gains, the Dow wound up reversing direction to close the shortened Christmas Eve session modestly lower. The S&P also slipped, with both indexes coming off yesterday's record highs. The Nasdaq, however, clocked a 10th consecutive win -- the longest since July 2017 -- and hit fresh highs, despite rather muted price action all around. Looking ahead, markets will be closed tomorrow for the Christmas holiday.

Continue reading for more on today's market, including:.

  • This red-hot chip stock could keep surging, according to one analyst. 
  • The energy stock that could start 2020 with a bang. 
  • Plus, MBOT stock keeps surging; the bear signal flashing for UBER; and the software stock for options bulls. 
>> Continue reading...
LATEST HEADLINES

>> FXI Chart Comes Into Focus After Trade Deal
The 80-day moving average has captured recent downside on FXI
>> Bear Signal Flashes After UBER Ruling
Uber stock is higher today after Travis Kalanick said he would be stepping down from the board of directors
>> Why this Energy Stock Could Start 2020 Bullishly
Short-covering could help CNX rise
>> MBOT Stock Extends Breakout After Surgical Robot News
There's room for more bullish analyst attention to boost the medical device maker
>> RBC Thinks This Chip Stock's Rally Could Have Legs
RBC lifted its price target on AMD to a street high of $53
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