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Nvidia, Palantir, Autodesk, Broadcom, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Benzinga Neuro
November 21, 2023

Major U.S. indices ended Tuesday in the red with the S&P 500 declining 0.20% to 4,538.19 and the tech-heavy Nasdaq falling 0.59% to 14,199.98. The Dow dropped 0.18% to 35,088.29 on an intraday basis.

These are the top stocks that gained the attention of retail traders and investors throughout the day:

NVIDIA Corporation (NASDAQ:NVDA)

NVIDIA closed the day with a slight decrease of 0.92%, settling at $499.44. The stock fluctuated between a high of $505.17 and a low of $492.22, with its 52-week range being $138.84 to $505.48. NVIDIA’s recent earnings surpassed expectations, primarily driven by record data center revenue and optimistic guidance from the CEO, despite concerns over the U.S. government’s China import restrictions.

Palantir Technologies Inc (NYSE:PLTR)

Palantir’s stock experienced a notable decline of 7.22%, closing at $19.8. The intraday trading saw highs and lows of $21.85 and $19.72, respectively, against a 52-week range of $5.92 to $21.85. The recent contract win with the UK’s NHS for software development was a key highlight, though the stock’s movement suggests profit-taking after recent gains.

Autodesk, Inc. (NASDAQ:ADSK)

Autodesk ended the day down by 0.92%, with a closing price of $217.67. The stock’s daily high was $221.99, and the low was $216.63, within a 52-week range of $179.61 to $232.15. The company’s Q3 earnings showed a positive trajectory, with a commitment to transformation and innovation driving investor interest.

Broadcom Inc (NASDAQ:AVGO)

Broadcom’s stock declined by 1.46%, closing at $981.2. The stock oscillated between $991 and $971.63 today, with its 52-week range being $514.83 to $999.87. Despite regulatory approvals for its merger with VMware, the stock traded lower, possibly due to market reactions to global regulatory dynamics.

Tesla, Inc. (NASDAQ:TSLA)

Tesla saw a positive movement of 2.38%, closing at $241.2. The stock hit a high of $243.62 and a low of $233.34, with a 52-week range of $101.81 to $299.29. Tesla’s expansion plans in India and the potential establishment of a $2 billion factory contributed to the stock’s upward trend.

Stocks Photo by Pixels Hunter on Shutterstock

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