Forget Nvidia, Apple, Tesla, and Google

Market Wizard Larry Benedict: "Forget 99% of stocks: It's possible to make all the money you need for a happy retirement with just this one."

Palantir, Boeing, Lucid Group, Hims & Hers, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Benzinga Neuro
May 06, 2024

On Monday, major U.S. stock indexes experienced gains, with the S&P500 closing nearly 1% higher at 5,180.74, the Dow Jones Industrial Average up almost 0.5% at 38,852.27, and the Nasdaq finishing the day with a 1.19% increase at 16,349.25.

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

Palantir Technologies Inc (NYSE:PLTR)

Palantir’s stock rose by 8.06% to close at $25.21. The intraday high and low were $25.36 and $24.03, respectively, with a 52-week range of $7.59 to $27.5. The company reported a 21% year-over-year increase in first-quarter revenue to $634 million, beating the consensus estimate.

Boeing Company (NYSE:BA)

Boeing’s shares fell by 0.80% to close at $178.35. The intraday high and low were $183.98 and $174.71, respectively, with a 52-week range of $159.7 to $267.54. The company is under a new FAA investigation related to the inspections of its 787 Dreamliner.

See Also: Tesla’s Dogecoin Adoption Sends Crypto Market Into Frenzy, Meme Coin Surges By Over 21%

Lucid Group, Inc. (NASDAQ:LCID)

Lucid’s stock surged by 9.52% to close at $3.05. The intraday high and low were $3.09 and $2.81, respectively, with a 52-week range of $2.29 to $8.37. The electric vehicle company reported first-quarter revenue of $172.7 million, beating the Street consensus estimate. Find out more here.

Hims & Hers Health Inc (NYSE:HIMS)

Hims & Hers Health’s stock increased by 3.46% to close at $11.65. The intraday high and low were $11.9 and $11.45, respectively, with a 52-week range of $5.65 to $17.16. The company reported better-than-expected first-quarter results and strong guidance. Quarterly sales came in at $278.17 million beating the analyst consensus estimate of $270.38 million.

Tesla Inc (NASDAQ:TSLA)

Tesla’s shares rose by 1.97% to close at $184.76. The intraday high and low were $187.56 and $182.2, respectively, with a 52-week range of $138.8 to $299.29. The company has reportedly laid off more employees over the weekend.

Photo by WHYFRAME on Shutterstock

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

Read Next: How To Earn $500 A Month From Nvidia Stock Ahead Of Q1 Earnings Report


Engineered by Benzinga Neuro, Edited by Shivdeep Dhaliwal


The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.


Continue Reading...

Popular

At the crossroads of news and opinion, 'Morning Joe' hosts grapple with aftermath of Trump meeting

One of the striking things about how furiously many people reacted to the news last week that MSNBC “Morning Joe” hosts Joe Scarborough and Mika Brzezinski was how quaint their defenders sounded.

Joe Rogan Says Harris Avoided Podcast Due To One Issue

Joe Rogan opened up about the reasons why an interview with Kamala Harris before the 2024 election never happened.

What's Going On in This Strange Facility Near Mar-A-Lago? - Ad

Most people have no clue this unassuming facility exists. Yet the minute Donald Trump takes office... This could be the most important building in America. More important than the Capital, the Pentagon... even the White House. Because this may well be the epicenter of Trump's New Manhattan Project.

Stocks to Buy (and Sell) Before Inauguration Day

Experts predict Trump's policies will positively affect energy, finance, defense sectors; stocks to buy include EPD, JPM, LMT, while others may decline.

NBA Legend Shaq's Daughter Breaks Silence On Dad's Career, Defying Family Expectations: 'It's A No Go For Me'

In a departure from her family's sports-oriented legacy, Taahirah O'Neal, the eldest daughter of basketball legend Shaquille O'Neal, has chosen to pursue a different career path and lifestyle.

Crypto Stocks Surge Amid Market Boom - Ad

Crypto stocks are on fire as Bitcoin hits all-time highs. One under-the-radar company is leading the charge, managing $2.1 billion in client assets and seeing record trading volumes. With crypto adoption skyrocketing, this could be a game-changing opportunity.

The IRS is at risk of losing $20 billion in funding without legislative intervention

WEST PALM BEACH, Fla. (AP) — Already bracing for funding cuts under a new Trump administration, U.S. Treasury officials are calling on Congress to unlock $20 billion in IRS enforcement money that is tied up in legislative language that has effectively rendered the money frozen.

Crypto Analyst Sees Shiba Inu Surging More Than 2,000% In Coming Rally

A market analyst says Shiba Inu (CRYPTO: SHIB) could experience a massive rally, predicting gains exceeding 2,000%. What Happened: The forecast has sparked excitement among the cryptocurrency's community as SHIB continues to gain traction as a leading meme coin.

My TOP Altcoin for Right Now Is... - Ad

Searching for the top investment opportunity in crypto? Look no further. Our $3 report gives you the full scoop. You'll get this exciting token's name, our recommended investment strategy, and growth projections. Time is of the essence with this one...

Do NOT Buy Nvidia, Apple, Microsoft, Meta, Tesla, or ANY Major Tech Stock... - Ad

31 billionaires (including: Warren Buffett, Elon Musk, Jeff Bezos, and more) are quietly unloading shares of their OWN stocks at RECORD pace... But why? Wall Street legend Eric Fry says it's because, soon: "America's most popular stocks like Nvidia, Apple, Meta, Tesla, and thousands more... are set to come plummeting back to Earth." Erasing YEARS of investor profits... Sparking a $17 trillion PANIC on Wall Street...

Google Hit With Groundbreaking Antitrust Lawsuit In Canada Over Ad Tech Tools

Canada's Competition Bureau has filed an antitrust lawsuit against Google, demanding the sale of key ad tech tools and penalties for alleged anti-competitive practices, echoing similar U.S. actions.

Austria says Russia's Gazprom will cut off natural gas supply this weekend

VIENNA (AP) — Russia’s state-owned natural gas company Gazrom will cut off supplies to Austria’s OMV utility early Saturday, Austria’s chancellor said, adding that his country’s underground gas storage was full and that it had alternative, non-Russia supplies.

A $50 Backdoor Play On Elon's Next "Super-IPO"? - Ad

Elon Musk has become Trump's most trusted advisors. According to one legendary investor... We are leading up to the world's first "Super-IPO" -- a company creating over $100 billion on the first day it goes public! Knowing about this "backdoor" play could be the best way to profit before the IPO...Starting with as little as $50.

Radical Jaguar rebrand and new logo sparks ire online

NEW YORK (AP) — A for a rebrand of British luxury car brand Jaguar is being criticized online for showing models in brightly colored outfits — and no car.

What to know about Scott Bessent, Trump's pick for treasury secretary

WASHINGTON (AP) — has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to serve as his next treasury secretary.

24/7 Automated Profits in Crypto - Ad

All key indicators are flashing the same signal: an altcoin season is fast approaching. Access this exclusive workshop for early access to their next set of altcoin picks, a step-by-step blueprint for finding the next big altcoin winners, and a sneak peak at their crypto trading system with a 90% win rate.

As US ramps up nuclear power, fuel supplier plans to enrich more uranium domestically

OAK RIDGE, Tenn. (AP) — A supplier of fuel for nuclear power plants announced a $60 million expansion in Tennessee on Wednesday, promising to resume and grow its manufacturing of high-tech centrifuges there to enrich uranium at its facility in Ohio.

Canada is already examining tariffs on certain US items following Trump's tariff threat

TORONTO (AP) — Canada is already examining possible retaliatory tariffs on certain items from the United States should President-elect Donald Trump follow through on his threat to impose sweeping tariffs on Canadian products, a senior official said Wednesday.

Watch Jeff's New Demo: Elon Musk's New $9 Trillion AI Product - Ad

Why is Jeff Brown blindfolded and with his hands tied behind his back? It's all part of a crazy experiment involving a Cybertruck. See this demo because if Jeff is right... Elon Musk could make a lot of people rich with his new AI technology.

Trump's treasury pick could give an indication of what he plans to do about tariffs

WASHINGTON (AP) — President-elect Donald Trump’s decision on a treasury secretary is about far more than whose name will be printed on America’s money.

Stock Of The Day: Is Pfizer Set Up To Rally?

Shares of Pfizer (PFE) may be about to reverse and head higher. They are both oversold and at a support level.

Has the Tech Stock Selloff Finally Arrived? - Ad

After soaring over 150% in 2024 alone... is it actually time to buy Nvidia? A 50-year Wall Street veteran gives his answer to Nvidia, right here...Including the name and ticker of one under-the-radar AI stock to buy instead of Nvidia... before Tuesday, December 3rd.

Pakistan's top cleric says use of VPNs is against Islamic laws as the government seeks to ban them

ISLAMABAD (AP) — Pakistan's top body of clerics has declared the use of virtual private networks, or VPNs, against Islamic laws, officials said Monday, as the Ministry of Interior sought a ban on the service that helps people in countries with tight .

Delaware judge reaffirms ruling that invalidated massive Tesla pay package for Elon Musk

DOVER, Del. (AP) — A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk’s multibillion-dollar pay package

Crypto Stocks Are Heating Up - Ad

At the center of this transformation is a game-changing platform that's experiencing explosive growth with $41 million in revenue in just nine months. The stock has doubled in the last 45 days, but this is only the beginning.

VinFast Powers Ahead: Q3 Sales Surge 49%, Vehicle Deliveries Double & More

VinFast reports Q3 results that came above expectations. The company, which is focused on balancing revenue growth and optimizing costs, reiterated its annual delivery target of 80,000 vehicles.

An Electric Aircraft Company With Potential to Break Out - Ad

If you're watching the electric aviation sector, this is a stock to keep an eye on with a strong market position and cutting-edge technology.

SoftBank Secures Bigger OpenAI Stake With $1.5B Employee Share Buyout: Report

OpenAI is enabling employees to sell up to $1.5 billion worth of shares in a tender offer led by SoftBank

Michigan State engineering prof, student design helmet inserts to help drown out crowd noise for QBs

EAST LANSING, Mich. (AP) — The sight was a common one for Andrew Kolpacki. For many a Sunday, he would watch NFL games on TV and see quarterbacks putting their hands on their helmets, desperately trying to hear the play call from the sideline or booth as tens of thousands of fans screamed at the tops of their lungs.

Crypto Stocks Surge Amid Market Boom - Ad

Crypto stocks are on fire as Bitcoin hits all-time highs. One under-the-radar company is leading the charge, managing $2.1 billion in client assets and seeing record trading volumes. With crypto adoption skyrocketing, this could be a game-changing opportunity.

$1 Electric Aviation Stock With Tremendous Potential - Ad

The electric aviation market is just taking off, and this company is at the forefront. With significant revenue and strategic partnerships, this stock is poised to make a big impact.

Dan Ives Defends $75 Palantir Target Amid AI Revolution And Revenue Surge: 'Haters Will Continue To Hate'

Dan Ives, a Wedbush analyst, has reaffirmed his $75 price target for Palantir, citing strong growth potential driven by its AI advancements and software solutions, despite skepticism from some market analysts.

Stock Of The Day: Autodesk Beats Earnings As Shares Find Support At This Level

Shares or Autodesk (ADSK) are trading lower despite beating earnings. Some investors are selling over concerns of reduced margins.

Huge Tesla Pivot Changes Everything - Ad

Elon Musk's new plan for Tesla's future has nothing to do with electric cars...TechRadar reports it "will blow your mind..." & McKinsey says it "will shape the coming decade." We recently got our hands on a video clip detailing this breakthrough.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service