For Immediate Release
Chicago, IL – June 8, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Micron Technology MU, NVIDIA Corporation NVDA, Apple Inc. AAPL and KLA-Tencor Corporation KLAC.
Here are highlights from Friday’s Analyst Blog:
Chipmakers on a Roll: 3 Stocks to Tap the Boom
Wall Street has defied most analysts’ expectations amid the coronavirus pandemic, with the S&P 500 rallying 40% from the bottom hit on Mar 23. In fact, the broader index completed its best 50-day trading stretch on Jun 3, according to analysts at LPL Financial Research.
Importantly, chip stocks have fared even better, with the iShares PHLX Semiconductor ETF returning 44% from Mar 23 through Jun 3. So far this year, the iShares PHLX