5 Real Estate Stocks to Watch Right Now

Lucrative investment opportunities are always found in real estate. Real estate stocks can be an alternative way to invest in this area, without needing to purchase property. Here are the hottest stocks in this field.

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GameStop, AMC, Alibaba, Rivian, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Benzinga Neuro
May 13, 2024

The major U.S. indices had a mixed performance on Monday. The Dow Jones Industrial Average fell by 0.2% to close at 39,431.51, and the S&P 500 declined by 0.02% to finish at 5,221.42. Conversely, the Nasdaq ended the day up nearly 0.3%, closing at 16,388.24.

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

GameStop Corp (NYSE:GME)

GameStop’s shares soared by a whopping 74.40% to close at $30.45. The stock hit an intraday high of $38.20 and a low of $24.77, with a 52-week range of $9.95 to $38.2. This surge can be traced back to a social media post from Keith Gill, best known as “Roaring Kitty” on YouTube and Reddit. After three years of silence, Gill’s post sparked a rally in heavily shorted stocks, leading to GameStop’s significant gain.

AMC Entertainment Holdings, Inc (NYSE:AMC)

AMC Entertainment’s stock climbed by 78.35% to close at $5.19. The shares reached an intraday high of $5.88 and a low of $3.16, with a 52-week range of $2.38 to $62.30. This surge was also influenced by the return of “Roaring Kitty” on social media, sparking questions about the resurgence of meme stocks.

See Also: Biden Chief Economic Advisor Promises Relief For Middle Class, Sets Sights On Overturning Corporate Tax C

Alibaba Group Holding Limited (NYSE:BABA)

Alibaba’s shares rose by 5.70% to close at $84.60. The stock hit an intraday high of $85 and a low of $82.60, with a 52-week range of $66.63 to $102.5. As the company prepares to release its earnings, Goldman Sachs analyst Ronald Keung highlighted key factors that could drive the share price.

Rivian Automotive, Inc. (NASDAQ:RIVN)

Rivian’s shares increased by 9.11% to close at $10.90. The stock reached an intraday high of $11.19 and a low of $10.03, with a 52-week range of $8.26 to $28.06. The company reported better-than-expected first-quarter revenue last week and maintained its 2024 production forecast of 57,000 units, leading to a rise in its stock.

Tesla Inc. (NASDAQ:TSLA)

Tesla’s shares rose by 2.03% to close at $171.89. The stock hit an intraday high of $175.4 and a low of $169, with a 52-week range of $138.80 to $299.29. The company recently received approval for a new megafactory project in China, which will be its second megafactory after the one in California.

Photo by WHYFRAME on Shutterstock

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