6 Top Performing Technology Stocks That Can't Be Ignored

With innovations happening at the blink of an eye, it can be daunting to keep up with the latest tech trends. These are the hottest technology stocks at the moment, make sure you don't miss out!

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Carvana, Enovix, Pfizer, Nio, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Benzinga Neuro
May 01, 2024

Wednesday saw a mixed performance in major U.S. indices. The Dow Jones Industrial Average closed the day with a 0.2% increase at 37,903.29, while the S&P 500 finished lower by 0.3% at 5,018.39. Similarly, the Nasdaq ended the day down 0.33% at 15,605.48.

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

Carvana Co. (NYSE:CVNA)

Carvana’s stock jumped 5.03% to close at $87.09 after reporting strong first-quarter earnings. The company’s revenue of $3.061 billion beat the consensus estimate, and it sold 91,878 vehicles, a 16% increase year-over-year.

Enovix Corporation (NASDAQ:ENVX)

Enovix’s stock soared 3.99% to close at $6.51. Despite missing the analyst consensus estimate with quarterly losses of 31 cents per share, the company reported blockbuster first-quarter sales of $5.272 million, a significant increase from the same period last year.

See Also: Goldman Sachs Tempers Investor Excitement On Tesla Self-Driving Tech In China: ‘Not Yet An Eyes-Off, Unsupervised Product’

Pfizer Inc. (NYSE:PFE)

Pfizer’s stock rose 6.09% to close at $27.18. The company reported first-quarter adjusted EPS of $0.82, beating the consensus of $0.54, despite a 33% year-over-year decrease. Sales were down 20% to $14.9 billion, still beating the consensus of $14.2 billion.

NIO Inc. (NYSE:NIO)

NIO’s shares gained 11.65% to close at $5.27. The company reported a 134.6% year-over-year increase in April vehicle deliveries, reaching a total of 15,620 vehicles.

Tesla Inc. (NASDAQ:TSLA)

Tesla’s stock fell 1.79% to close at $180, despite news of a potential full self-driving software rollout in China.

Photo by Jirapong Manustrong on Shutterstock

Prepare for the day’s trading with top premarket movers and news by Benzinga.

Read Next: Supreme Court: Drivers Hauling Baked Goods Are in Transportation, Not Baking


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