Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Wall Street Loves These 2 Nasdaq Stock Giants


The stock market had a strong day on Thursday, as investors were generally pleased with the pace of the economic recovery even with some mixed data on gross domestic product and employment. As of 1:30 p.m. EDT, the Nasdaq Composite (NASDAQINDEX: ^IXIC) rose about half a percent, consistent with other major market benchmarks.

Yet a couple of stocks that trade on the Nasdaq stood out for their gains. Tesla (NASDAQ: TSLA) has always been a controversial company, but it got a vote of confidence from analysts who had previously been extremely bearish on the electric vehicle stock. Meanwhile, Zoom Video Communications (NASDAQ: ZM) also got praise for its past growth and future prospects. Below, we'll look more closely at why Tesla and Zoom led the Nasdaq higher.

Image source: Getty Images.

Continue reading


Source Fool.com

Like: 0
Share

Comments