Seven Stocks That May Lead The Stock Market Higher On Feb. 25

US Markets

  • S&P 500 Futures +12 as of 8 AM
  • US 10-Year: 2.68
  • Oil $55.80 -$1.50
  • VIX: 13.78
  • Dollar Index: 96.34

International Markets:

  • Japan Nikkei: +0.48%
  • China Shanghai: +5.6%
  • Hong Kong Hang Seng: +0.50%
  • Singapore STI: +0.07%
  • South Korea KOSPI: +0.09%
  • Australia ASX: +0.31%
  • German DAX: +0.29%
  • UK FTSE: -0.04%

Global Growth Proxies:

  • Copper: +0.47% $2.9655
  • Silver +0.10% $15.93
  • Platinum +1% $854.10

International Trading:

China’s Shanghai surged over 5% on Monday rising to 2,961 on the positive news that the March 1 tariffs would be delayed. The index cleared a key resistance level at 2,920 today. That is a big positive for the index, and now that 2,920 level will serve as a big level of support. The next level to watch in the Shanghai index is at 3,065.

China, Shanghai

S&P 500 (SPY)

The S&P 500 is pointing to a higher opening of about 12 points and should the index hold its pre-market gains the index would open above 2,800, with the next significant level of resistance at 2,812. Once 2,812 is broken the index could very quickly run to 2,872.

s&P 500, spy

Microsoft (MSFT)

Microsoft got a significant upgrade from Wedbush this morning when it was added to Wedbush’s best ideas list with a $140 price target.  A rise above $112 sends the stock back to its all-time highs.

microsoft, msft

Intel (INTC)

Skyworks and Intel will work together on 5G communications engines for a broad array of end markets. Intel’s stock broke out last week and is likely heading back to its all-time highs. As I had previously noted: Here’s Why Intel’s Bull Run Isn’t Over

Intel, intc

Skyworks (SWKS)

Skyworks however still has a long way to go to reach its all-time high. But in the meantime, an increase to $88.20 seems more than possible.

skyworks, swks

GE

GE is popping this morning and is rising by over 10% to $11.25 after the company announced it would sell its biopharma unit to Danaher.  I had written on February 14 that I thought the stock could rise back to $12.00; it seems even more likely after today.

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Disclosure: Michael Kramer and clients of Mott Capital own Microsoft, Netflix, Skyworks

Disclaimer: This article is my opinion and expresses my views. Those views can change at a moment's ...

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Leslie Miriam 8 months ago Member's comment

How do you identify your stocks? You always seem to have some great picks at your finger tips.