市场见解

These 2 Nasdaq stocks are setting record highs today

Markets are in rally mode once again.
The post These 2 Nasdaq stocks are setting record highs today appeared first on The Motley Fool Australia. –

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

There’s nothing more difficult to figure out as an investor than a market that can’t decide which direction to move. On Wednesday, market participants seemed more sanguine about the potential impact of the COVID-19 omicron variant on the prospects for future macroeconomic growth, especially in light of testimony from Treasury Secretary Janet Yellen and Fed Chairman Jerome Powell. The Nasdaq Composite (NASDAQINDEX: ^IXIC) was a solid winner, rising about 1.5% by midday Wednesday before pulling back slightly in the early afternoon.

Helping to lift the Nasdaq were a couple of stocks that reached all-time highs on Wednesday. Apple (NASDAQ: AAPL) continued to defy the law of large numbers by boosting its multitrillion-dollar market capitalization still further on the day, while the much smaller Lam Research (NASDAQ: LRCX) set a new high-water mark of its own. Below, we’ll look more closely at what moved Apple and Lam Research on Wednesday and whether their soaring stocks could have still further to climb in the weeks and months ahead.

Apple looks healthier than ever

Shares of Apple were up almost 3% early Wednesday afternoon, sending the iPhone maker’s market capitalization toward $2.8 trillion. Investors continue to be impressed by the way that the company has managed to grow, with ongoing evolutions of popular product lines and newer rollouts that are starting to gain traction.

Apple seems to enjoy a special status among investors. On one hand, the company is fully participating in the digital revolution, with its 5G-capable smartphones leading to a renewed interest in upgrading that has pulled forward considerable revenue entering into the holiday season. A report from China suggesting strong demand for the latest iPhone models gave shareholders a new sense of optimism that Apple can grow even in what has sometimes been a hostile market.

On the other hand, when the stock market does poorly and punishes tech stocks more broadly, Apple nevertheless has held up well. In Tuesday’s market rout, for instance, Apple posted gains.

It’s apparent, therefore, that many see the tech giant as a relatively defensive play in comparison to smaller companies with less of an ability to weather any potential headwinds coming down the road. That could help Apple do well regardless of the overall market environment.

Chipping away at old records

Elsewhere, Lam Research was higher by more than 3%. That sent the stock price for the semiconductor company above $700 per share and set an all-time record.

Investors have given a lot of attention to semiconductor stocks, but the companies that help chipmakers by providing the necessary equipment for fabrication haven’t gotten quite as much exposure. Lam’s business involves coming up with wafer fabrication equipment that accommodates the increasingly demanding requirements of its semiconductor company customers.

With chipmakers dealing with semiconductor shortages, there’s been a huge effort in the industry to expand quickly. Expansion requires the equipment to make chips effectively, and that’s helped to boost Lam’s growth as well. Moreover, those favorable trends are seen lasting longer than in past business cycles, and that could give Lam a longer runway for expansion.

When markets get choppy, it’s always useful to look at the stocks that are holding up the best. Both Lam and Apple have done well in good times and bad, and that makes them interesting candidates for investors looking for security and growth potential in their stocks. 

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

The post These 2 Nasdaq stocks are setting record highs today appeared first on The Motley Fool Australia.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

*Returns as of August 16th 2021

More reading

Why is the Vanguard MSCI Index International Shares ETF (ASX:VGS) off to such a great start in November?

Dan Caplinger owns shares of Apple. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Apple. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

随时随地,交易世界!

移动APP平台,拥有 12 个市场的 50,000 多种全球上市证券(全球市值超过 70%),直接在您的 Android 或 iOS 设备上即可操作。

与独有的交易理念和投资分析工具相结合,帮助您在我们 12 个全球市场中的几乎所有金融工具上找到可操作的见解,从而帮助您优化交易策略。

推荐给您的朋友

向您的朋友推荐Monex并赠予他们免费使用我们交易工具的机会

我们尊重您的隐私,只会向您的朋友发送一封邮件 

与您的朋友分享

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!