A multi-year turnaround is gaining traction as early returns in the 5G race suggest room for optimism.
It’s rallied again on the back of a big customer win. With many more skeptics to convert, it can double in 4-5 years.
In a rally that now has lasted for over a decade, growth stocks have led the way. At the moment, it doesn’t seem like that will change.
These three names are trying to rally heading into 2020.
Today’s focus is on housing stocks and recent IPOs, both of which could be set for a reversal.
All three of these names have done reasonably well of late. But both technically and fundamentally, there’s a real possibility that all three could pull back.
It isn’t cheap but that doesn’t mean it’s done rising.
While risks remain, it looks attractive here.
These three stock charts bear watching at the end of a solid if unspectacular week.
A green day could be a buying signal for the broader market if these three stocks can keep rallying.